Black & White Bridging has facilitated the ambitious expansion of Stone Tyres with a £555,000 loan. The funding has enabled Stone Tyres, the highest-rated tyre garage in the UK, to purchase a new property in St Helens, where the company will open an MOT and servicing centre to complement its existing tyre repair and replacement services.
The loan underscores our dedication to supporting UK businesses in their growth efforts. Stone Tyres will utilise the funds to meet the rising demand for reliable MOT and servicing options in the local community and create ten new skilled jobs for the St Helens area.
John Stone, Director of Stone Tyres, commented: “Black & White Bridging has been fantastic in helping us bring our vision to life. We’re excited to add MOT and servicing to our offerings and grow our impact in the community. Their team’s expertise and support were invaluable as we navigated this purchase. With St Helens undergoing regeneration, this investment allows us to expand our business and create new job opportunities right here in the local area.”
Martyn Smith, Managing Director at Black & White Bridging, commented: “We’re pleased to support John Stone and his business in achieving their growth ambitions. Stone Tyres is a standout example of a local business with a strong reputation and a deep-rooted commitment to its community. Helping our clients grow and invest locally is a cornerstone of what we aim to do at Black & White Bridging, and this deal is one of many we’re proud to have completed with Paul Mak, Managing Director at Pomegranate Commercial Finance. This partnership truly demonstrates the impact of flexible bridging finance for ambitious business expansions.”
