leasing

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In just under 2 months takeaway owners from across the country will descend into London for the biggest takeaway expo in the country. Over 5,000 takeaway owners are expected to attend, and with many business owners and entrepreneurs exhibiting, all trying to pitch for their much sought-after business.

Topics of discussion over the exhibition will include health & safety, restaurant furniture, catering equipment, the growing use of technology, social media, food marketing, franchising, and more.

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Having successfully established his brand in Ruswarp, near the North Yorkshire seaside town of Whitby, Brian Moore has taken the plunge to open a second Mini Monsterz site, in Scarborough. He tells Indoor Play why now is the right time to expand and why he went back to previous partners to help facilitate the new site

When Little Hoppers closed its doors in Scarborough in April, it was the second of the town’s indoor play areas to shut in 12 months. Located in an industrial estate on the edge of the sleepy seaside resort, the 9,000 square foot facility was taken over on a 20-year lease and re-opened after a significant cash injection as the second in the Mini Monsterz stable of family entertainment centres.

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Here at Johnson Reed we have an ideal that we live by: Common Sense Underwriting.

What does that mean? It means that we deal with all of our requests for finance with a common-sense approach when it comes to whether or not we provide finance to a would-be customer.

As part of this approach, we appreciate that often we get requests for finance for equipment and assets which are beyond the traditional scope of lending. Sure, we get a lot of gym equipment, catering equipment, kitchen refurbishments, that kind of thing, but we also get a lot of unusual things.

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AT LAST!! Common Sense in the Finance Market

Johnson Reed Chip Shop Finance are offering a full range of finance options tailored for the chip shop and take away industry. With the present economic climate combined with the reduced lending from the banks some companies are still finding it difficult to move forward when it comes to financing their new frying range.

Johnson Reed have 15 years of experience in helping companies gain the equipment leasing and hire purchase they need to expand and grow. With the backing of their own funds and access to 13 independent lenders, many of which are none high street names, they can provide maximum flexibility in terms of achieving acceptances and providing very competitive prices that will complement any existing banking relationship. Director, Mark Johnson commented; acceptance rates are currently running at a fantastic 92% and we can have decisions approved within hours!

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Just a quick update about a job we did a little while back.

We were approached by a Borough Council who asked for £30,000 of leasing finance to get an entire refurbishment for a gym, full of brand new equipment.

That was 8 months ago, and we’ve just been asked by the same council to help get even more finance for continued expansion.

We’ll keep you posted about new developments!

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Niche Food & Drink Ltd are a brand new restaurant chain-to-be in the London Islington/Clerkenwell divide. Set up by two friends and marked by their unique twist on traditional British food, Niche are poised to be the next big cool-and-quirky thing in London’s food scene.

Niche’s new restaurant is based on Rosebery Avenue, and a quick look at their gallery makes the venue look like a place that isn’t to be missed if you love food!

All of this is why when we were asked to finance kitchen and refrigeration equipment, we were more than happy to oblige!

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There are in the region of 20 million micro, small and medium-sized enterprises in the European Economic Area. They are all recognised as being a major source of employment and innovation, and their collective contribution to a country’s GDP cannot be underestimated. But what exactly is an SME? According to EU law, SME stands for … Read more

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In a further attempt to help boost the trading environment still being experienced by beleaguered small companies in the UK, the European Investment Fund (EIF), the SME credit provider established by the European Union, has issued a new fact sheet in conjunction with Leaseurope. It explains how lessors can use the EIF organisation to channel … Read more

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Business performance these days could be equated to battery life. And we all know that Duracell’s AAA batteries last the longest. But what effect will it have on Britain’s SMEs now that the country’s credit rating has been downgraded from AAA to AA1? Will our companies still be able to perform as well as that … Read more

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At Johnson Reed, we’re certainly not heading for a triple-dip recession. We’ve come through all the turmoil of 2012 and burst into another new year with our heads held high. And there’s one very clear reason why. We’re quick. And banks aren’t. Many of the clients we have been helping out recently should have been … Read more