Source BMX has secured a £900,000 finance package from HSBC to ramp up its international expansion. The Hastings-based store has also today been awarded the Queens Award for Enterprise.
Source was opened in Bexhill-on-Sea in 2003 by brothers Marc and Richard Moore.
Richard Moore said: “We’re absolutely delighted with how far our business has come and its further growth potential."
Source's indoor skate park – built in a former 1930s arcaded swimming pool – is world-renowned. And this is the venue for the online store's annual Battle of Hastings BMX event, which gains global publicity.