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AUTOTRADE SOLUTIONS

Family-run garage equipment supplier

loanLoan
Capital at risk
48
Months
10.0%
apr
Director
guaranteed
IFISA
Successful
Capital at risk
Director guaranteed
IFISA
Amount
£
You make
£
Successful
Minimum investment is £100
Total return
£
Monthly repayments
£
Our APR explained

Garage Equipment Group has over 15 years of experience in providing the highest quality garage and automotive servicing equipment at an affordable price. With this round of funding, we want to wind down our trade facility with HSBC, which will allow us more financial flexibility to continue investing and growing. We will also invest in product growth for the company so that we can continue to provide the exceptional customer service for which our client base knows us.

Tell me more

Our aim is to build long-term relationships with clients and dealers, and we do this by maintaining constant high standards.

Since our formation in 2002, our continuous efforts to provide a high quality of customer service, along with high quality equipment, at an affordable price has led to us becoming the UK's largest independent garage equipment wholesale company.

We aim to leave our customers satisfied at every stage of their relationship with us, ensuring that we distribute, design, and assemble garage equipment to a standard such that we establish long term relationships with every business that we partner with. The equipment we provide include a range of lifts including 2 post and 4 post lifts, specialised motorcycle equipment, and mobile van tyre fitting equipment for those who need to aid their own customers on the go.

The safety of those using the equipment that we supply is imperative, so we can say with pride that we conform to all UK and European safety regulations because our customers' safety is our safety. Although all of the equipment that we supply is designed and built to last, we understand that sometimes things don't always go to plan, so all of our Eurotek and Platinum products come with a 2 year part warranty.

To continue helping our client base with their garage equipment needs, we require this round of funding both for product growth within the company as well as to allow flexibility to reduce our trade facility with HSBC.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (3 of 3)
£ 83k
Raised
£ 30k
Investors
190
Est close date
Funded 7 years ago in 29 days

Where will the funds go?

Refinancing of HSBC facility
£200,000
Product growth
£100,000

Key people

CJ
Carl John Allenson
Director

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Business brand

Wirral, UK

"Our aim is to build long-term relationships with clients and dealers, and we do this by maintaining constant high standards."

Incorporated
22 years, 2 months
Credit risk indicator
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Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.