Coach firm rolls into new premises after funding deal

A Black Country coach hire business has relocated to larger premises after securing a new funding deal.

Travelstar European has moved to larger premises in Portland Street, Walsall, to help cater for strong demand. The firm was supported with a funding package from Santander Corporate & Commercial.
 
Established in 2005 with three vehicles, Travelstar European now operates 12 coaches and has more than 30 employees. The firm has become an established operator in the UK and the European coach touring market and is also a National Express Partner Operator, claiming the No1 Operator of the Year Award in 2015.
 
Having outgrown its previous home of 12 years in Marlow Street, the coach company has invested £1m into the new property.
 
The business has been fully supported by Santander Corporate & Commercial since 2011. The bank has supplied a suite of services, including a commercial mortgage.
 
Asif Mohammed, managing director, Travelstar European, said: “Travelstar has started the New Year in great shape and we have big ambitions for the future.”
 
Dalia Ahmed, relationship director, Santander Corporate & Commercial, said: “We’re delighted to have been able to support the management team at Travelstar European over the past five years and help the firm expand.

“Travelstar European have developed strong relationships with many leading names in the market, and has clear aspirations to become even more successful – not just in the Midlands but throughout the UK.”

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