Keith Brock, Managing Director of the dealership, explained: “The Government has told the banks to pass on cash to help businesses grow and stimulate the economy but some aren’t doing this and it’s very frustrating. “We were very disappointed that our previous bank, Lloyds TSB, was unable to increase our lending within the existing framework, especially as our sales on used cars have gone up by 44% and new cars by 20% in the last six months. Our sales for March went up by 41%, which is when we realised we needed a greater investment and increased cash flow. Lloyds TSB wanted to add draconian charges for us doing well! “We have decided to move to Barclays to help us work to continue our expansion after a successful six month period, for which we will need a greater working capital particularly in peak months. “We are delighted Barclays will be able to assist with the growth and create an account with the flexibility to enable us to expand further.” Wessex Garages, which had a turnover of £84 million in 2012, had been with Lloyds TSB for 25 years before the move. Wessex Garages won The Post’s Customer Service Award in June. The award was given to the company that demonstrated a commitment to continuously improving its standards of customer service. The Post Business Awards, now in their fifth year, are designed to reward excellence among the Bristol business community. Wessex Garages is a privately owned company that has outlets in Bristol, Cardiff, Gloucester and Newport. It specialises in new and used car sales across South Wales and the South West. A PDF of this release is available here. Please click on the image below for print-quality picture. Notes to Editors: For more information, please call Wessex Garages, which has its head office on Pennywell Road in Bristol, on 0844 247 3176, or visit www.wessexgarages.comwww.twitter.com/wessexgarages or log on to www.facebook.com/wessexgarages. For further media details, please contact Porcupine PR on 01278 446801 or email [email protected]. Photograph caption: Keith Brock, Managing Director of Wessex Garages. ENDS