Restaurant Business Raises Finance to grow

Business Cash Advance; Merchant Card Facility

Our client is a restaurant group and needed funding to restructure and grow. CFO sourced a flexible and powerful funding line that works with the group’s credit and debit card receipts. The facility provided £62,000 of much-needed finance to build the business back after Covid 19. Some 11% of the daily takings are paid to the funder so the seasonal nature of the outlets’ turnover determines the payback period. The facility was successfully repaid over 5 months and then a new facility was offered to the company.

If you run a retail or hospitality business and have a problem balance sheet give us a call on 020 7760 7524 or email us on info@companyfundingoptions.co.uk we believe we can source funding for you !

Learn more about these excellent and flexible finance products here https://www.companyfundingoptions.co.uk/types-of-finance/what-is-a-merchant-card-facility-loan/