Success Story: Fish & Chip ShopPublished on 7th July 2016 2016-07-07T16:36:01+00:00 - Last update on 20th March 2020 2020-03-20T10:37:00+00:00
The client’s challenge
Rangewell was contacted by the owner of a dry cleaners, who needed finance to repurpose his store. He was worried that demand for dry cleaning in his area was drastically declining, and he had decided to take advantage of the relatively few caterers in his area and open up a fish & chip shop.
The owner’s challenge when opening the shop was accessing the finance needed to redesign his dry cleaners. He needed to refit and rewire his shop floor, install an expensive ventilator, and purchase kitchen equipment. He wasn’t sure which finance option was best for him, and searching through various options was time-consuming.
Because of the extensive experience and good accounts of this owner, we knew he would be eligible for low-risk loans. Within three days of receiving the financial information from the owner of the company, we were were able to connect him with several lenders offering very favourable terms. The finance specialists at Rangewell guided him through the process and helped him decide on a loan around £70,000 that met his needs.
If you're looking for finance for fish and chip shops, simply contact us.
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