Nursery enters new era with new premises

Date: 27-10-2016

Tagged as: SouthHealthcare

“Working with a specialist relationship manager is a huge benefit.” Amanda Bitchenor, Owner, Chatterbox Childcare

One of the Isle of Wight’s leading nurseries has relocated to new premises, creating jobs and 40 additional places for children, with the support of Lloyds Bank.

Launched in 2010 by Amanda and Simon Bitchenor, Chatterbox Childcare provides care to children aged 0-11 years across two sites in Ryde. In 2015 one site relocated to larger premises to accommodate rising demand.

A growing business

A quality environment and sector changes have both driven growth. “Over the past five years we have striven to build a home away from home, creating a comforting and fun environment that allows the children in our care to thrive,” says Amanda.

“The Government’s decision to increase funded childcare to 30 hours per week led to an increase in demand for spaces. Moving to new premises would allow us to increase the number of hours we could offer to current parents, as well as creating additional places for children in the local area.”

Funding growth

Chatterbox approached the Bank to secure funding to purchase and renovate the new site. “We’ve banked with Lloyds Bank since our inception,” Amanda notes. “Throughout this time they’ve worked closely with us to understand our business plan and provide a tailored funding package suited to our needs.

“Working with a specialist relationship manager is a huge benefit. He recognises the challenges that companies in the nursery sector face, providing expert guidance and acting as a sounding board for any new ideas.”

Enhanced offering

Split over three floors, the new site contains separate areas tailored to different ages and requirements, and features the latest IT equipment, including a 70 inch interactive smart board.

“The move allows Chatterbox to continue to expand their services, not only helping the business to grow but benefiting the local community,” says Lee Richardson, Healthcare Relationship Manager, Lloyds Bank Commercial Banking.

“Chatterbox is renowned for its outstanding level of care, and we look forward to working with them as they continue to expand over the coming years.”

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