Commercial Operator Training Solutions

Business profile

Location: Swansea

Sector: training

Web site: www.cotsolutions.co.uk

Investment

Amount: £20,000

Type: micro loan

Executive: Rhiannon Wilkinson

Why we invested

Commercial Operator Training Solutions is a start-up company providing a range of training courses for the passenger and goods vehicles industry. The company needed investment to commence trading.

The company's management team had personally invested in the company and had good knowledge of the market in which it operates..

Outcome

Since our investment, Commercial Operator Training Solutions has trained over 150 drivers and won a large contract to provide training to a local council over the next four years. The company has partnered with one of the biggest driver training agencies in Wales along with South Wales premier Iveco dealership to provide management and driver training to its customers.

Recent legislation for drivers using vehicles over 7.5 tons has the potential to increase the company's sales. Also the company is rapidly developing courses covering Certificates of Professional Competence, Health & Safety and management development via their online e-learning system.

Testimonials

"Finance Wales' investment helped us with capital equipment, premises and staffing costs so we were able to commence trading." Jason Mowforth, director, Commercial Operator Training Solutions.

"Commercial Operator Training Solutions presented us with a viable investment opportunity. We were particularly impressed by the company's management team and its focus and commitment on exceeding sales forecasts." Rhiannon Wilkinson, investment executive, Finance Wales.