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 Friers (NFFF), the Catering Equipment Suppliers Association (CESA) and). 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.
Blog
New business asset finance grows 10%
New figures from the Finance & Leasing association (FLA) show that from August 2022 total asset finance new business (primarily leasing and hire purchase) grew 10% compared to August 2021. Furthermore, in the first eight months of 2022 new business was 3% higher...
Case studies
Better cash flow helps new chippie venture
Johnson Reed is well known for its expertise in catering. In particular, we have quite a track record of supplying fish and chip shop frying ranges. We also know how critical it is to observe lead times when it comes to new build or refurbishment projects. Delays can...