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Didn't they do well!
NR Frozen Food
Over 40 restaurants within a 70 mile radius depend on Keighley based NR Frozen Food for deliveries including meat, prawns, vegetables and herbs. Proprietor Muhammed Rahman has spent the last 18 months building a busy and successful business with the help of a £15,000 Enterprise Fund loan.
Muhammed said: "I started the business with £30,000 - mostly from my own money and a small bank loan. After paying £14,000 for a freezer van I was left with £16,000
for everything else, such as buying and delivering the food - it would have been difficult within that kind of budget."
An advertisement alerted Muhammed to the opportunities provided by BEF, prompting him to get in touch.
Muhammed said: "Part of my original loan was outstanding and I had some credit difficulties in the past, all of which meant the banks couldn't help me. I was delighted to find that the Enterprise Fund could: I showed them my business plan and set up, and we were able to organise the loan straight away.
"Over and under-estimating stock requirements can be a serious problem in the catering industry. The loan gave me the breathing space to continue with the confidence that the
business had a future."
NR Frozen Foods has now taken on two full time members of staff and is currently having a specialist freezer built at a Keighley Industrial Estate.
Muhammed added: "I would advise anyone thinking about approaching the Business Enterprise Fund to do it - take them your ideas and see what you can achieve."
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