Last month, new classic car and motorcycle business, The Tingle Factory, launched an equity crowdfunding campaign on Crowd For Angels to raise £240,000 to purchase stock.
Once its website is launch, the company stated it would source and sell both cars and motorcycles. It will also organize events for users that are dedicated to their vehicles throughout the UK and mainland Europe, which will include rallies, track days and organized tours in locations such as Circuit Paul Ricard, Donington Park, and Spa-Francorchamps.
The Tingle Factory team also reported they have already negotiated the purchase of a large collection of classic Italian motorbikes from makes including MV Agusta, Ducati, and Maserati. Sharing more details about the company’s model, Director of The Tingle Factory, Neil Webster, stated:
“Our concept is not only to supply the vehicles but to remove the obstacles from actually using them. It’s all about helping customers get a buzz from their vehicle. I think our name sums it up.”
Another director of the company, Mark Franklin, added:
“Using our extensive connections across Europe and the Far East, both Neil and I are aiming to put together a collection [of vehicles] that you just don’t see anywhere else in one location. It’ll be something to enjoy and buy into as the collection evolves and other vehicles are added to an already impressive line-up. If it makes us tingle then it’s in The Tingle Factory!”
Since its launch, the campaign has successfully secured nearly £45,000. It is set to close in mid-October.
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