VANARAMA LAUNCHES FOUR-YEAR BOND

VANARAMA LAUNCHES FOUR-YEAR BOND

Monday Aug 24, 2015

Vanarama www.vanarama.co.uk the UK’s largest independent commercial vehicle broker and the leading supplier of new vans to professional trades have launched a 4 year Bond. Using the world’s leading investment crowd funding platform Crowdcube www.crowdcube.com/vanarama the brand aims to raise £3.4 million to fund the next stage of their growth – investing in a significant stock of new commercial vehicles so customers can get their new van in 3 days – disrupting the longstanding industry norm of 3 weeks. The Bond offers 8% p.a paid quarterly over 4 years.

 

Commenting on the growth of Vanarama since it was founded in 2004; Managing Director Andy Alderson said “The commercial vehicle sector in the UK is predicted to grow by 10-12% this year alone.  In 2014 our market grew by 11% whereas our sales volume grew by 56%. Our turnover in 2015 is £18 million, an increase of 76% on 2014. We’re a strong, customer focussed brand that continues to invest heavily in our internet platform so that customers can find their vehicle online, access a quote in seconds and order their new van in minutes.  We invest heavily in bricks and mortar too, employing 95 people at our head office in Hemel Hempstead, with 52 field-based regional offices throughout the UK. Our Group Chairman is David Bernstein, former Chairman of The Football Association and current Chairman of Ted Baker.”

 

We’re now embarking on the next stage of our growth, aiming to do something our industry has never managed to do before; namely to deliver a new commercial vehicle to a customer within 3 working days rather than the industry standard of 3 weeks. The Vanarama Bond will help us to achieve this ambitious aim. Our customers are time pressed and their van is vital to their business. Speed of delivery is crucial.”

 

We’re meeting a real customer need and in doing so should strengthen our position at the top of the leader board.”

When investing in a business it’s always best to do your research and understand what the company does and their position in the marketplace – to find out more about the Vanarama business visit www.vanarama.co.uk/bond

 
onlineshop
main club sponsor
Impact banner
Facebook Twitter
Next Game Poster
Tue 06/12/16 19:45
Away
Belper Town
Fixtures Match Reports  
06/12/2016 19:45:00 Belper Town A
10/12/2016 15:00:00 North Ferriby United H
13/12/2016 19:45:00 FC Halifax Town H
17/12/2016 15:00:00 Salford City H
26/12/2016 15:00:00 AFC Telford United A
01/01/2017 15:00:00 AFC Telford United H
07/01/2017 15:00:00 Harrogate Town A
14/01/2017 15:00:00 AFC Fylde A
21/01/2017 15:00:00 Worcester City H
28/01/2017 15:00:00 Brackley Town H
View all Fixtures