Bristol-based classic car specialists, UKD Auto, recently obtained further funding from SWIG Finance to help drive their next phase of business growth.
The family-run business is led by ambitious and determined siblings Holly and Luke Arnold, who set up business in 2015 after spotting a niche in the market for classic car restoration.
Fast-forward to today, the business – which now restores, services and sells classic cars – had grown to the point where it needed bigger premises, which has now been found in Chipping Sodbury.
This new phase of growth has also enabled Holly and Luke to bring all aspects of their operations in-house, including paintwork, to improve efficiency and customer service.
Since their relocation, the business has already benefitted from increased footfall which has significantly boosted sales.
UKD has established a solid reputation as a trusted dealership with its loyal customer base, and lead mechanic, Luke, in high demand.
As the business goes from strength to strength, two new jobs have so far been created, with more on the horizon as the service offerings expand further.
Of working with SWIG Finance, Holly commented “we came back to SWIG Finance after they had supported us with Start Up Loans. Their local business manager Nicola was very helpful and worked hard to gain a good understanding of our business. We felt supported throughout the application process”.
Bristol Business Manager, Nicola Mapp, commented “We are really pleased to support Holly and Luke, and it is great to see how UKD are diversifying their offering from initially selling cars to offering a full refurbishment, renovation and aftercare service with a fresh approach. We are excited to see what the future holds for them.”
SWIG Finance are delighted to have supported UKD throughout their journey so far.