Costcutter has expanded its finance schemes for potential franchisees with the addition of a package agreed with Henry Howard Finance.
The deal enables retailers to get preferential rates on loans that are interest-free for a set period to fund shopfitting developments and EPoS installations. Although it has only just been launched, 20 retailers have already signed. Area and regional managers are relaying information about it to individual retailers.
The introduction of the service follows the launch of several financial packages for franchisees agreed with HSBC bank. HSBC now presents the different packages to all new retailers on the induction courses held at Costcutter HQ in Dunnington, Several retailers have already signed up to one of the packages.
Existing Costcutter retailers can also draw on the investment facilities from HSBC.