A Black Country car dealership has expanded its showroom to meet growing demand after securing a new funding deal.
Summit Garage in Dudley has used the £150,000 loan from Lloyds Bank to double the capacity of its outlet in Himley Road which will enable the MG franchise to increase the number of cars on display.
The refurbishment of the 3,230 sq ft building also includes new roofing, energy-efficient lighting and a refreshed interior design aimed at improving the experience for customers.
As a result of increased demand, the dealership has also been able to create three new jobs and is actively exploring the acquisition of a new property as it looks to accelerate further growth.
Sign up for your free West Midlands newsletter and follow us on LinkedIn
BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire.
Click through here to sign up for our daily email newsletter and also view the broad range of other bulletins we offer including weekly sector-specific updates.
We will also send out ‘Breaking News’ emails for any stories which must be seen right away.
For all the latest stories, views and polls, follow our BusinessLive West Midlands LinkedIn page here.
The third-generation, family-owned business marked its 75th anniversary last year and the business recently held a belated ceremony to mark the milestone and “grand reopening” of the new-look showroom.
Director John Newey said: “The opening of our new refurbished site is a fantastic way for us to celebrate our anniversary and we’re delighted we’re able to welcome customers back without any restrictions.
“We’ve been planning to increase the capacity of our showroom for some time now as demand has continued to increase and we hope that this will help us to build further on our success.”
Claire Carr, relationship manager at Lloyds Bank, added: “Summit Garage has enjoyed consistent growth over a number of years now, with a particular boom in sales of electric cars, a market in which the MG dealership has strong credentials.
“The recent refurbishment is another important step for the business and will give the dealership much-needed additional capacity as it welcomes more customers than ever.
“We’re pleased that we’ve been able to play our part in the business’ expansion and we will continue to help them on the next stage of their journey.”