Cheltenham-based African events catering and coffee shop business, ACELBA, has received a £25k Start Up Loan from SWIG Finance to support the business launch, including premises and equipment costs, as well as marketing and inventory expenditure.
While the coffee shop stocks a range of grab-and-go food and beverages, the events kitchen will provide upscale catering for special events such as festivals and markets, it will also provide a space to cater for bespoke occasion events such as birthday parties and anniversaries.
ACELBA is led by Angele Baku-Attipoe, an experienced chef and kitchen manager, and specialises in Togolese and Ghanian cuisine.
Over the next twelve months, Angele will be growing her team to include a Barista and Kitchen Assistants.
Of the funding, Angele said “This funding is an invaluable resource to my business. Without it, I may not have been able to move forward with my business idea. My advisor, Suzy, helped me with the application process and thanks to SWIG Finance, we can now get things done!”.
SWIG’s Start Up Loan Officer, Suzy Lowe commented “Having worked previously in senior positions within the catering industry, Angele has built a strong reputation in her local community and is well-known for her high-quality and interesting menus. This new enterprise is based on ambition and sector experience, coupled with a huge dose of enthusiasm – working with Angele on her application has been a breath of fresh air!”.
About SWIG Finance
SWIG Finance is a people-based company that provides loans and support to help smaller businesses in the South and West Country grow. We base our lending decisions on potential rather than collateral, which means that we can often support businesses when others can't.
We’re growing every year. In 2023/24, we lent £14m to over 500 businesses, helping to create and secure more than 700 jobs and generate £71.5m in social impact. Download the report here.
If you’d like an informal chat about your funding requirements, get in touch with our friendly and professional team to see how we can help: info@swigfinance.co.uk / 01872 227 930
- Log in to post comments
Join the Chamber
Be a part of the largest business membership organisation in the region and tap into a range of valuable business benefits.