Boxpark Wembley has partnered with Portman Asset Finance in the run up to its launch in December 2018. Utilising the asset finance proposition Boxpark vendors will able to invest in their facilities and mobilise growth without sacrificing working capital, as they set up shop in London’s newest casual dining community.
Portman offers a selection of kitchen finance offers for vendors of all sizes, ranging from light, medium and high use kitchen facilities. Costs can start as little as £1,350 per month with no upfront cost.
Alex Taylor, Senior Account Manager at Portman Asset Finance, said, “Portman has a strong track record in being able to match finance products to whatever the customers need. Portman was excited by the plans of Boxpark and carefully selected finance solutions that ensured business operations were undisrupted and repayment plans were put in place that complemented their trading needs.”
This new partnership offers an incredible opportunity for fledgling food and beverage units who aren’t always able to pay the upfront costs of fitting a brand-new kitchen. These finance deals are a prime example of Boxpark’s ongoing support for up and coming street food businesses.
A number of successful street food heavyweights started off at Boxpark and have now gone on to open multiple sites, including The Athenian, who will be opening at Boxpark Wembley following a successful unit at Boxpark Shoreditch.
Boxpark Croydon supports local vendors looking to break into the street food business with their fully fitted pop-up kitchen kiosk which has played host to celebrity brands Crepes and Cones and BBQ masters Smokey Tails.
Roger Wade, CEO and Founder of Boxpark, said, “At Boxpark we love to support new street food businesses as they break into the industry and the kitchen finance offers from Portman are making this easier than ever. It is so important to offer these opportunities to local, talented food vendors who deserve a chance to open permanent sites and grow as a business.”
Opening in December 2018, Boxpark Wembley will be hosting an incredible variety of food and beverage vendors. Previously announced traders include: Nanny Bills, Smoky Boys, Mitsuryu, GialloGrano, Kabab, Spice Shack, Zia Lucia, The Athenian, Ugly Dumpling and Thai Express.