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James & Jenkins Garages secures £1.125m funding for fast-growth hire car business

Cardiff-based James & Jenkins Garages Ltd, a family owned garage and forecourt business, is to invest in its fast-growing Charter Vehicle Hire car and van rental business following a £1.125m funding package from Santander Corporate & Commercial. Founded in 1981, James & Jenkins is an established fuel service station providing used car sales and retail shopping facilities run by Managing Director Mark James. James & Jenkins bought Charter Vehicle Hire in 1991 and the brand, which has benefited from strong demand from local businesses and consumers, has now become one of South Wales' largest independent daily rental businesses. The funding from Santander Corporate & Commercial will see James & Jenkins invest further in the business, particularly in new stock and marketing. Mark James said: 'We have developed a great relationship with Santander and are confident that with the bank's support Charter Vehicle Hire will reach new heights of success.' Myrddyn Hughes, Relationship Director, Santander Corporate & Commercial, said: 'James & Jenkins is an excellent example of a local family business which has carved out a strong marketplace for itself among local businesses and other stakeholders. We are delighted to be involved in their expansion in South Wales and believe that Mark and the team will lead the business from strength to strength.'

 

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