£38,000
Three restaurants. One group. A £57,150 renewal.
Three restaurants. One group. Funding arranged for every venue.
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- Amount
- £57,150
- Sector
- Restaurant group
- Structure
- Renewal facility
- Outcome
- All three venues funded
Further funding for an existing hospitality client: in this case a renewal for one of the group's three venues. A £57,150 renewal completed, and all three of the group's venues have been funded through us.
Running more than one restaurant multiplies everything: staff, suppliers, rent and the cash needed to keep each venue trading well.
This restaurant group runs three venues under one company, and each of them has been funded through us.
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The requirement
Further funding for an existing hospitality client: in this case a renewal for one of the group's three venues.
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The challenge
Before extending further capital, the lender needed to reassess current trading and the existing repayment position.
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The structure
We arranged a renewal facility for the venue. Funding has also been arranged for the group's other two restaurants.
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The result
A £57,150 renewal completed, and all three of the group's venues have been funded through us.
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Questions about this case
Can a hospitality business get funding with seasonal or card-based trading?
Can I come back for more funding later?
Is this a real transaction?
Do you lend the money yourselves?
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Could this structure work for your business?
Every case is assessed on its own merits. These pages explain the finance used here and what lenders look at.
Client details are anonymised. Every case is different and past results don't guarantee future outcomes: lenders set their own criteria and all finance is subject to status.
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