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Suffolk Go Karts drive success with Lloyds Bank

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Red Lodge based outdoor karting company has recently opened a new purpose built corporate hospitality venue and created five new jobs with the support of Lloyds Bank Commercial Banking.

Red Lodge Karting Limited, established in 1994, operates a 1,200 metre racetrack and is a popular destination for families, work groups and private parties. The company hosts four different powered fleets of karts and runs training days for children aged between seven to 18 years old.

Following an increased demand for corporate events, the business introduced the new building on its existing site, which includes office space, safety briefing rooms and a balcony that overlooks the race circuit. The new venue has been designed for spectators to watch the action while celebrating in the spacious new function rooms, which offers companies an unusual meeting space.

Safety briefing and meeting rooms were operated from various portable cabins on the site, and the new building has been able to encompass this under one roof, as well as offer additional space.

Red Lodge Karting Limited has a head count of 26 since opening the new corporate building.

Nigel Carter, director at Red Lodge Karting, said: “As we introduce new services, we need to make sure we have a large enough area to accommodate the growing demand for private and corporate parties.

“We’ve come a long way since we first opened in 1994, and have become a ‘go-to’ destination with residents and professionals in the area and beyond. Making sure we’re continuing to reinvest in our facilities is vital for our growth, and we’ve enjoyed a continued relationship with Lloyds Bank and look forward to working with them in the future.”

Simon Minister, relationship manager at Lloyds Bank Commercial Banking, said: “Go karting has become one of the nation’s most popular activities, and with Grand Prix in full swing, people who’ve never raced before are trying it out, opening up a great opportunity for Red Lodge Karting.

“We’re committed to supporting small to medium sized businesses, and to underline this, we have pledged to increase our lending to SMEs on a net basis by more than £1billion this year.”

 

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