A company which supplies vehicles for use in films and TV shows is ready for growth after receiving funds from the Midlands Engine Investment Fund II, secured through BCRS Business Loans.
Cars On Screen, based in Trentham, Stoke-on-Trent, received £40,000 to go towards the cost of buying an iconic DeLorean, the car made famous in the movie Back To The Future, which featured as a time machine throughout the popular comedy film trilogy.
The firm, which supplies production companies making films, TV shows and adverts, was launched by director Will Morris as a spin-off to his IT consultancy Behind The Scenes, which works with leading media businesses.
Since then, the business has expanded to supply period vehicles for weddings, school proms and exhibitions.
As a lifelong fan of Back To The Future, Will Morris purchased a DeLorean to continue to grow turnover and profits for the business by capitalising upon the film’s continued appeal.
Will said: “I have always loved Back To The Future, which was made iconic by its use of the DeLorean car. I wanted to buy a DeLorean and found one available for sale, so I needed finance to cover the purchase, along with transportation, insurance and repairs.
“I spoke to my accountant about finance opportunities and was put in touch with BCRS Business Loans via broker Beta Commercial Finance. I got on well with BCRS Business Loans, who were transparent and wanted to help as they could see my goal.
“I am expecting the DeLorean to be a popular choice for hire, with conversations underway with a number of production companies, along with bookings being made for proms, weddings and fan conventions this summer. I am also hopeful that the vehicle will go up significantly in value.”
Dave Malpass, senior business development manager, oversaw the loan process and said: “Our community-based lending at BCRS Business Loans means we focus on helping entrepreneurs and small businesses like Cars On Screen to grow.
“We recognised the unique opportunity which Will had identified, so we look forward to following his progress as he delights a wide range of customers with access to the iconic DeLorean.”
Brogan Alexander, commercial finance manager at Beta Commercial Finance, said: “It was a pleasure to work with BCRS Business Loans to ensure Will got the support needed to expand.
“Beta Commercial Finance offers a fully supported service, where we seek to understand business objectives and aspirations, so it was great to find Cars On Screen a funding solution tailor made to their requirements.”
BCRS Business Loans is delivering smaller loans in the West Midlands from £25,000 to £100,000 as part of the Midlands Engine Investment Fund II.
Pictured: From left Brogan Alexander, of Beta Commercial Finance, Will Morris of Cars on Screen and Dave Malpass of BCRS Business Loans
