7th January 2016 – Yorkshire based company Alpha Cars (North Yorkshire) Ltd, a local independent quality used car retailer and provider of vehicle repair and MOT services, is to continue to grow as a result of investment from Santander Corporate & Commercial, which has furnished the company with the opportunity to make a range of improvements to its premises and stock, leading to an increase in sales and demand.
Alpha Cars is a family business owned and run by father and daughter team Martin and Simone Ward, with over 40 years combined experience in the motor trade. The company enjoys a fantastic reputation locally and is considered a trusted garage by many, with a high number of returning customers and many new customers visiting as a result of recommendations and referrals.
The funding from Santander Corporate & Commercial provided Alpha Cars with flexible working capital facilities and directly allowed for vast improvements to be carried out to their premises in Catterick Garrison. The funding also enabled the business to increase the level of stock they were able to hold which has led to a marked increase in sales, with September 2015 proving to be the busiest month the business has seen to date.
Alpha Cars has also now completed the construction of a new valet bay which will inevitably lead to even further growth. The company has had to employ a further four members of staff to deal with the increase in business and this increase in demand is expected to continue to grow, especially with the business exploring the possibility of taking on interns to grow the marketing side of the company.
Martin Ward, Director of Alpha Cars (North Yorkshire) Ltd said: “Our success is due to our reputation for exceptional customer service, being a trusted company and being a provider of a wide range of services and products for our customers. We have seen an increase in turnover by 26% since receiving the support form Santander which has meant that we can continue to grow and provide great service. It has been a very exciting time for us and we are very optimistic about the future.”
Robbie Peacock, Relationship Director for Santander Corporate & Commercial, said: “Alpha Cars is an excellent example of a truly independent, family run business which prides itself on providing high end services to its customers. It has been rewarded for that ethos with customers returning again and again, leading to both an increase in sales and a need to hire additional staff. We look forward to seeing what the next twelve months hold in store for Martin and Simone.”
The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.
Notes to editors
For Alpha Cars media enquiries please contact Simone Ward on 07894 702335
For Santander Corporate & Commercial media enquiries, please contact:
Bijal Tanna 020 7756 4189 Mobile: 07860 259 217
The Santander Corporate & Commercial press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 5877708.
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