Bathgate Business Finance funds gourmet chip shop

Published on

Bathgate Business Finance has provided a funding deal worth £35,000 to help launch a new Dutch-style chip shop concept in the UK.

Gourmet chip shop Chip’d turned to the Wirral-based finance company to seek asset finance to purchase a specialist Dutch-made frying range.

The open range features four round pan chip fryers, while the process involves hand-cutting fresh Agria potatoes, leaving the skin on and frying them twice fry in pure sunflower oil, before tossing them in sea salt and serving with a choice of dips.

The investment allowed the start-up to open its first premises on Northgate Street in Chester. Its success has led to the launch of a second location, a year-long residency at the Dockside Dining Club at Pier Head in Liverpool.

Andrew Mckechnie (pictured, left), founder of Chip’d, said: “Before finding Bathgate, I tried several asset finance companies. Many of them offered unviable repayment terms or made the whole process over-complicated.

“The process with Bathgate was completely different. Gordon and the team were friendly and quickly presented me with a number of great options. They even liaised with the fryer manufacturer on our behalf to make sure everything ran smoothly with the finance.

“Bathgate has been instrumental in getting Chip’d off the ground. The deal has not only provided the equipment we need to deliver the concept, it has freed up other funds for short term cash flow. I couldn’t recommend them more highly to other start-ups or even established businesses.”

Gordon Andrews (pictured, right), from Bathgate Business Finance, said: “We love supporting exciting new start-ups and providing advice that will help their ideas thrive and develop. Since we arranged the asset finance Chip’d has gone from strength to strength and we’re looking forward to seeing it continue to grow.

“After sampling the Chip’d product range I can confirm that they are exceptional chips and dips and I have no doubt that the business will flourish wherever it opens.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...