West Yorkshire prestige car business on the move with Yorkshire Bank

A West Yorkshire prestige car business is driving for growth after relocating to new premises, with support from Yorkshire Bank.

SCC Leeds, based in Guiseley, recently secured a six figure funding package from Yorkshire Bank to assist in expanding the business.

Remo De Biase, who runs the company, seeked financial support following the retirement of his business partner Roman Slobodian earlier this year.

SCC Leeds, which buys and sells sports cars, 4x4s and saloons up to four-years-old throughout the UK, currently employs three staff but is aiming to recruit additional sales people in the coming months.

Arranged by Laurence Richardson, Relationship Manager at Yorkshire Bank’s Business and Private Banking Centre in Leeds, the deal included the provision of a new overdraft facility to purchase vehicles and assist with the refurbishment of newly acquired rental premises.

Managing director Remo De Biase explained: “We are not a huge company and that allows us to be more considered when it comes to the vehicles we buy – I’m very particular in the makes and models we stock. We’re also very fortunate that much of our business comes from repeat customers, who will tend to look for a new car every 18 months to two years.

“It’s been a busy few months setting up a new business, moving premises and building up stock levels, none of which come easy. However I have a very good relationship with Laurence at Yorkshire Bank, who has always been very supportive of the business’ needs and worked with me to achieve our goals. We are aiming to expand further by the middle of 2016 and I’m very much looking forward to that.”

David Maybury, head of Yorkshire Bank’s business and private banking centre in Leeds, added: “Remo is a long-standing customer and someone we’ve worked closely with over the last few years. As his business model has changed, we were happy to support his plans and will continue to consider any new opportunities to grow in due course.

“Our specialist knowledge of and focus on different sectors helps to bring a challenge to the market, giving small and medium sized businesses the speed and flexibility they need to fulfil their ambitions.”

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