Feature

York-Based Elcocks to Invest in Digital Services Following £500,000 Funding Deal

York-based Elcocks, the power tool and associated products hiring company, is set to invest in its digital capability and online sales channel, as well as expand its product range, after receiving a £500,000 funding package from Santander Corporate & Commercial.

York-based Elcocks is set to invest in its digital capability and online sales channel after receiving a £500,000 funding package from Santander Corporate & Commercial.

Elcocks was established in 1971 by Claude Elcock, who recognised that professional tradespeople in Yorkshire needed a greater level of choice and service for local tool and equipment hire. Since then, the business has grown substantially with the addition of branches in Driffield and Goole while the range of products has expanded to meet the changing demands of the market. The business is very much a family business and is now run by Claud’s son Ivan with his two children, Claire and Andrew.

The funding from Santander Corporate & Commercial will allow Elcocks to expand its hire fleet with the addition of the latest machines including new Hitachi power saws, sweepers and steam cleaners. The funding will also allow for more staff training to ensure all employees can answer any customer queries related to the goods sold. Elcocks is keen to move with the digital age and will also be investing in a ‘click and collect’ service for local customers.

Ivan Elcock, Managing Director, Elcocks, said: “Elcocks is very much a family business and the increased involvement of Claire and Andrew signifies that we are moving into the next generation. We have always been aware of the need to move with the times and our plans to invest in new digital services for our customers is a real testament to this.”

Riana Azam, Relationship Director, Santander Corporate & Commercial, said: “Elcocks is an excellent example of a family business which has been able to diversify and now offers customers a wide range of products and services. Customer service is at the core of this business, as shown in their investment in training, and we at Santander are confident that because of this, the Elcock family will continue its success in the future.”

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 Elcocks media enquiries, please contact Claire Bedford on 07568 112 524/ claire@elcocks.co.uk

For Santander Corporate & Commercial media enquiries, please contact:

Bijal Tanna                  020 7756 4189   Mobile: 07860 259 217

Jonathan Akerman      020 7756 4190   Mobile: 07850 640 770

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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