Shopfit Funder

Retail Shopfitting & Display Summit 2018 - Putting industry trends in sharp focus

The Key Finance team attended the Retail Shopfitting & Display Summit this week - and it was a great forum for the industry to come together, make new connections and exchange ideas.

A clear theme running through both days of the event was how retailers can make sustainable profit from new store concepts, designs and re-fits.

There was also plenty of discussion around new technologies, such a visual merchandising, omni-channel marketing and experiential stores, plus how 'bricks and mortar' stores can thrive side by side with digital outlets.

As such, we spent a lot of time on our stand talking to retailers about their current projects challenges, and concerns - and the ways in which Key Finance can help.

Our Shopfit Funder tool provides a way for retailers to finance a huge variety of projects, including shop builds, shopfits and shop refits, in addition to the build and maintenance of warehouse and distribution centres - encompassing everything from fixtures & fittings and IT, through to architectural and planning costs.

In fact, we launched the product at the Retail Shopfitting & Display Summit last year, so we were able offer detail on how it has evolved since then, plus give case study insight from dozens of real-life deployments

We also had positive discussions regarding our Vendor Programme, which is designed to help industry suppliers offer quick and easy finance solutions to their clients.

So, whether we had the pleasure of meeting you at the show, or you would like more info on the above, we will be more than happy to answer any questions you may have - whether related to Shopfit Funder, our Vendor Programme or the wider world of finance.

Alternatively, please feel free to contact us directly on +44 (0) 1372 888 330 or email info@keyfinance.com.

Shopfit Funder in focus at the Retail Shopfitting & Display Summit

We’re looking forward to meeting delegates at the Retail Shopfitting & Display Summit, which is taking place on February 5th & 6th at the Radisson Blu Hotel at London Stansted.

It will be the second time that Key Finance has attended the event, which is a tremendous platform for retail professionals and industry suppliers to gather under one roof to make new connections, learn and exchange ideas.

At last year’s Summit we launched Shopfit Funder, providing a new way for retailers to finance a huge variety of projects, including shop builds, shopfits and shop refits, in addition to the build and maintenance of warehouse and distribution centres – encompassing everything from fixtures & fittings and IT, through to architectural and planning costs.

We also spent a lot of time talking to retailers about their needs, gaining invaluable feedback that has been fed directly into the further development of the Shopfit Funder tool over the last 12 months.

For the 2018 Retail Shopfitting & Display Summit, our team will be on hand with project financing advice and case studies detailing how Shopfit Funder has been successfully deployed in a variety of retail verticals.

We’ll also be seeking out more founding partners for our Vendor Programme, which is designed to help industry suppliers offer quick and easy finance solutions to their clients.

So, if you’re attending the Summit (register here if you're not!) we will be more than happy to answer any questions you may have, whether related to Shopfit Funder, our Vendor Programme or the wider world of finance.

Alternatively, please feel free to contact us directly on +44 (0) 1372 888 330 or email info@keyfinance.com.

Worried about the interest rate rise? No problem, Key Finance can help

The Bank of England has raised interest rates for the first time in 10 years, from 0.25% to 0.50%.

The news spin immediately turned to the possible impact on homeowners and businesses and, put simply, an interest rate rise means the cost of borrowing is going up.

A couple of days after the announcement, discussions abound on how UK PLC will react, with concerns in some quarters that the rise ‘could send thousands of companies to the wall’.

It’s certainly true that firms relying on cheap debt to operate could see their margins squeezed further, while the still unknown impact of Brexit simply adds to uncertainty.

At Key Finance we strongly believe that the rate rise should be viewed within context - the cost of borrowing is still at an historic low and is likely to stay there for some time to come.

We also believe that the best way to deal with uncertainty is to plan ahead. The Project-Based Lending (PBL) concept that underpins all of our products (Shopfit Funder, Software Funder, Coffee Shop Funder) is an innovative finance tool.

It works for businesses in all sectors and could provide you with the key to unlocking business growth, where the whole of your project can be funded with a single arrangement. Rates are competitive and the administrative burden of project finance management is removed.

Funding in this way means that payments made are an operating cost to the business – PBL is generally 100% allowable against taxable profits.

In addition, PBL can be written on or off balance sheet, representing a significant advantage in terms of tax efficiency.

Finally, PBL offers flexibility and gives you options at the front and back end, as well as with payment terms.

Put simply, it’s a convenient and easy way to fund the growth of your business, offering medium to long term certainly regardless of external influences.

To find out more, call us on +44 (0) 1372 888 330 or email info@keyfinance.com.

From the show floor: Coffee Shop Innovation Expo

The Key Finance team was out in force at the Coffee Shop Innovation Expo last week, for two days of networking with the cream of the UK’s hospitality and catering industries.

In fact, while our stand (and magician!) were located in the Coffee Shop Innovation Expo, this was actually 7 (seven) shows in one, encompassing - deep breath - Restaurant Tech Live, Bar Tech Live, Hotel Tech Live, Takeaway & Restaurant Innovation, Restaurant & Bar Design Show, Streetfood Live and the Food Entrepreneur Show.

It’s a good job that the ExCel venue in London’s Docklands is, well, huge.

And it’s a good job we had seven people manning stand 311, as it seems one thing connecting these different sectors is a need for innovative ways to finance business growth.

While our awesome show floor magician James Phelan and our smart new branding certainly contributed to the footfall on the Key Finance stand, we were warmed by the reception given and feedback received for our Shopfit Funder tool.

Shopfit Funder can provide funding across a huge variety of projects in the hospitality industry, including shop builds, shop fits and shop refits, in addition to the build and maintenance of warehouse and distribution centres – encompassing everything from fixtures & fittings and IT, through to architectural and planning costs. 

It helps businesses large and small not just with cash flow and budgeting, but also administration, by pulling all costs associated with a project into one agreement.

The feedback we received from delegates at the Coffee Shop Innovation Expo means we can hone Shopfit Funder further for the catering and hospitality sectors, so stay tuned for developments on that front.

And, of course, if you didn’t manage to make it along to the show we would be more than happy to answer any questions you may have, whether related to Shopfit Funder or the wider world of finance.

Please feel free to contact us directly on +44 (0) 1372 888 330 or email info@keyfinance.com.

Looking back at the Retail Business Technology Expo 2017

We hope you had a great time at the recent Retail Business Technology Expo – for us it was a tremendous opportunity to meet old friends and make new acquaintances alike.

We hugely enjoyed hearing about everyone’s projects. Key Finance has been providing leasing services into the retail ecosystem for 25 years, working closely with sole traders, leading multinational chains, franchises, franchisees and distributors, and it’s always good to meet with the industry face-to-face.

At the Expo, we launched the following products, tailored specifically for retail businesses:

Shopfit Funder: We can provide funding across a huge variety of projects, including shop builds, shop fits and shop refits, in addition to the build and maintenance of warehouse and distribution centres – encompassing everything from fixtures & fittings and IT, through to architectural and planning costs. This tool helps retailers not just with cash flow and budgeting, but also administration, by pulling all costs associated with a project into one agreement.
[Download Fact Sheet]

Software Funder: We have been providing funding for IT for more than 30 years. Many banks do not consider software a tangible asset. However, we can fund 100% of software costs with Software Funder, including consultancy, implementation, training, support and licence fees. Software Funder can also include the internal costs incurred when delivering a bespoke system. In short, we can help retail businesses take advantage of new software, without the need for any upfront investment.
[Download Fact Sheet]

Vendor Programme: This tool means vendors can offer clients payment over time, enabling the customer to pay as their solutions deliver the return on investment to their business. Incorporating a finance option within a sales arsenal is crucial to providing a holistic vendor offering. We provide all our Vendor Programme partners with a dedicated account manager to help create bespoke solutions for their clients.
[Download Fact Sheet]

We would be more than happy to answer any questions you may have, whether related to the above tools or the wider world of finance.

With that in mind, please feel free to contact us on +44 (0) 1372 888 330 or email info@keyfinance.com.