Chip Shop Equipment Finance
Looking to finance a new chip shop venture or is your existing premises in need of refurbishment? The UK chip shop sector is seeing a surge of interest, with new shops starting up and existing premises being refurbished and re-opening. New technology and energy-efficient chip shop equipment is expensive to purchase, so leasing facilities can be a real advantage in staying ahead of your competitors.
Johnson Reed’s dedicated team of chip shop equipment finance advisors also works closely with trade associations including the National Federation of Fish Fryers (NFFF), the Catering Equipment Suppliers Association (CESA) and the European Network of Supplies and Equipment (ENSE). So, we understand your needs as well as having considerable knowledge of the chip shop equipment market.
As a recent example of our service, we sourced a chip shop equipment finance leasing facility for a new-start shop. We financed £50k of new and refurbished equipment and the client invested £15k. Other examples include established shops replacing fire-damaged equipment with no-deposit finance and other clients asking us to help them with new energy-efficient equipment.
It’s easy to provide superficial finance facilities that may look very attractive, but at Johnson Reed we go that one step further. We take the time to fully understand your business, your management capabilities and your future. We then build those observations into the decision-making process. We underwrite using a common sense attitude, resulting in flexible finance to suit you.
Johnson Reed is supported by over 40 UK and international lenders to spread the load, which creates acceptable ways to manage any risk. At Johnson Reed the answer is almost always ‘yes’ to chip shop equipment finance requests.
There isn’t a hard and fast rule for managing your money well. But there is a rough guide to business finance that you can follow, whatever your industry or growth stage. We’d like to lend some of our own budgeting ideas. Below, you’ll find several dos and don’ts to...read more
Even with two profitable outlets, lenders were steering clear of financing fish and chip shop Sam’s Fish Bar. But having grown wise to alternative solutions, co-owner Navjit Chatha knew where to go instead, helping his family enterprise move on to their next stage of...read more