"If I’d waited and jumped through all of the hoops set out by the bank, I would have missed out on the deal and been unable to make the purchase."
K C Cars is a family-owned taxi and private hire business that has been running since 1981. Owned and run by Sandra Wales, she inherited the business from her parents 22 years ago at the age of 17. It now has around 10 employees and 6 cars, operating in Yorkshire.
In the taxi and private hire business, not having a vehicle with wheelchair access presents a significant problem. When an opportunity arose to purchase one at a good price, Sandra didn’t have time to go through a long-winded application process with her bank: “If I’d waited and jumped through all of the hoops set out by the bank, I would have missed out on the deal and been unable to make the purchase.” She instead chose to use Everline, which she describes as “so quick and easy. The best part of a fantastic overall experience was that I could pay it off when it suited me.”
The new wheelchair-accessible vehicle has allowed Sandra to grow her custom-base and increase her customer service levels – an opportunity she would have missed out on without access to flexible working capital.
“Everline allowed me to take advantage of a great opportunity that I otherwise would have lost out on. I was able to get the funds I needed, when I needed them and I knew exactly what I had to pay back. Everline provided a solution, when on this occasion, my bank couldn’t.”
Everline provide financing that benefits from the support of the European Union under the Loan Guarantee Facility established under Regulation (EU) No 1287/2013 of the European Parliament and the Council establishing a Programme for the Competitiveness of Enterprises and small and medium enterprises (COSME) (2014-2020). The Loan Guarantee Facility is managed and implemented by the European Investment Fund (EIF). Find out more.