HomeBusiness Innovation NewsLuxury London Coach Company Accelerates Growth With HSBC UK Support

Luxury London Coach Company Accelerates Growth With HSBC UK Support

Hearn’s Coaches, a luxury coach hire company based in North West London, has updated its fleet to meet an increase in customer demand with the support of a new equipment finance facility from HSBC UK.

After a difficult trading period over the last two years, with the pandemic severely hindering booking volumes, Hearn’s has seen demand for its services rise rapidly.

The updates to the 46-strong fleet, including the purchase of four new vehicles, means that all the new coaches now conform to the Ultra-Low Emission Zone requirements and the European Standards Emissions criteria. As an inclusive company, the four new vehicles are also fully accessible.

Jamie Thacker, Director at Hearn’s Coaches, commented:

“For so many in our industry, it’s been a challenging period with our services heavily impacted. This deal means we are not only able to meet the demand from our customers but can do so while minimising our environmental impact and ensuring we meet all new standards and requirements. Thanks to HSBC UK, the purchase of these vehicles will allow us to continue to provide the best possible service to our customers, both now and in the future.”

Raj Yadav, HSBC UK South West London Senior Commercial Manager, added:

“Whilst it’s been a difficult period for the sector, it’s fantastic to see demand for Hearn’s Coaches services rising once again. This facility will ensure the business is in the best possible position to support more customers.”

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Notes to Editors

Media enquiries to: Bella Martin-Williams – bella.martin-williams@grayling.com

For the latest news and updates, visit the HSBC UK newsroom: https://www.about.hsbc.co.uk/news-and-media

This news release is issued by

HSBC UK Bank plc

Registered Office: 1 Centenary Square, Birmingham, B1 1HQ. HSBC UK Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, East and North Africa. With assets of US$2,969 billion on 30 September 2021, HSBC is one of the world’s largest banking and financial services organisations.

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