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.”