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Jobs created as Durham motorcycle training school secures 拢250k for new premises

The business had been facing closure due to redevelopment plans for its previous site

Ace Motorcycle Training has used funding from Together to open a new base at Mandale Business Park in Durham.(Image: Ace Motorcycle Training)

A motorcycle training school has opened new premises in Durham on the back of a recent funding packaging.

Ace Motorcycle Training has created six jobs in its move to Mandale Business Park following £250,000 funding from Together. The business had faced permanent closure after plans were approved for a new retail park at its former site, which is now part of Elddis Business Park.

Ace was set up more than 20 years ago by police and army veteran Jimmy Rimmer, and offers courses for all abilities including first time riders and those looking for advanced tutorship. It also has mechanics providing repair services as well as new and used motorcycle sales. Training on offer includes Compulsory Basic Training (CBT) Course, the Full Motorcycle License Course and the Advanced Motorcycling Course.

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Mr Rimmer said: "We found ourselves in a really worrying situation. We had a limited time to find a new site, but even when we did we encountered hurdles. Lenders, including our bank of over two decades, refused to help.

"In the current economic climate they seemed to have lost confidence in lending, despite us being able to demonstrate our profitability and assets. We were facing closure; which meant the loss of many jobs and the important service we offer the community.”

Matt Boggan, business development manager at Together, said it had been rewarding to help a much-loved business such as Ace. He said: “Durham was set to lose a key business, affecting those looking to train in the area as well as costing a number of jobs. A local, independent business, Ace is an important part of the community, and it would have been a real shame to see it close.

"Jimmy and his team were facing a difficult situation. Having been let down by a number of other lenders, they needed fast and flexible finance. We were able to provide this, securing the loan against his personal property.