Independent travel chain expands across Merseyside with new funding line
Industry News4th March 20190 CommentsLizzy Doherty
Independent travel agency Perfect Getaways has expanded, opening new stores across Merseyside having agreed new working capital facilities, sourced by financial consultancy firm, Sedulo.
The two -year- old chain differentiates itself to other mainstream travel agencies promoting their “your holiday starts here” ethos which focuses on making the holiday booking experience a pleasurable one. Each store has its own free bar serving customers a range of alcoholic or soft drinks so adults can relax as children make use of the kids zone with games consoles and a sweet station.
A successful year has seen the business open three new stores in Birkenhead, St Helens and Liverpool and they now plan to continue the expansion across the North. The funding was secured by Sedulo Funding Partner, Leyton Jeffs, following a financial model put in place by fellow Sedulo Partner, Lee Jones. The facility was achieved within 48 hours from initial discussion with an offer from Manchester based, AdvantEdge Commercial Finance.
Speaking on the rise of the Perfect Getaways brand, Managing Director Nicola Palmer commented: –
“The success of the perfect getaways business is about putting the customer first. Travel agencies are dull, soulless places and it’s been our mission to provide a place where people can come and really enjoy booking their holidays. We’re seeing well in excess of 100% growth, and customers keep coming back to book future holidays so it’s clearly resonating with people. The funding secured will allow us to keep pace with our vision for growing the business and being the go-to place for people in the North-West to enjoy booking their holidays!”
On the deal, Sedulo partner Leyton Jeffs commented: –
“It’s great to be involved with this innovative business which is being disruptive in the travel sector. With funding lines secured, I am looking forward to seeing the next phase of growth for the business and where they open next. Our services of sourcing funding is beautifully complemented with the wider Sedulo groups analytical business modelling, and this has ensured that we get the right level of working capital and could easily articulate the requirement to the lender.