An entrepreneurial young couple, Jay and Sarah Anderson, have started not one, but two businesses with support from the Start Up Loan Company (SULC).
Jays Autocare is based at New Inn near Pontypool and has reportedly got off to a flying start this summer, while Sarah’s hairdressing business, Lush Locks, is also bringing in customers.
The couple were able to take the plunge into self-employment after obtaining SULC loans through Newtown-based Robert Owen Community Banking (ROCB).
Sarah explained: “We had been caring for an elderly relative and found ourselves unemployed. We both wanted to be in work, so using our skills and qualifications to set up businesses seemed the right thing to do.”
Jay had worked as a mechanic for 10 years in the Cwmbran area, and Sarah gained a Level 2 qualification in Beauty from Coleg Y Cwmmoed.
Jays Autocare has a growing customer base in the local area, with clients bringing their vehicles for servicing, 3D tracking, brakes, gearboxes and modifications.
Within three years Jay says the plan is to open an MOT service and take on another apprentice, in addition to the one already working there.
Jay said: “The business is growing through word of mouth and we are building a reputation.”
Lush Locks operates from the Anderson family home in Cwmbran and offers a mobile service in the Torfaen area.
Sarah said: “I am very pleased with the progress Lush Locks is making and I am hoping to take on an apprentice as the business grows.”
Robert Owen Community Banking administer loans for the Start Up Loan Company in Wales and has lent over £1 million to 140 businesses in just over four years.
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement