Even if the paintwork isn’t quite peeling yet, refurbishment can have huge benefits for small businesses, including improved profits, a more noticeable presence on the high street, and better staff morale.
With a business renovation loan, restaurants, retailers, salons, and other independent businesses can get the funding they need to start knocking down walls and investing in new, comfier furniture. Flexible funds from a commercial refurbishment loan can make everything from a quick cosmetic update, to a major style overhaul, more than possible.
Create more space for more services/customers
The more treatment rooms your salon has, or the more tables your restaurant can serve, the better your takings should be.
Opening up the space or building an extension can make a huge difference to how many people you could serve, treat, or welcome in a day. Business renovation finance can even free up space for more equipment, stock, and inventory.
Introduce your customers to a new look
If your wallpaper’s looking tired, or the furniture has seen better days, it’s time for a refurb. Customers notice these details, and it’s not a great first impression to make. Your old or outdated fixtures and fittings could be putting off new business, or even inspire a critical online review.
You don’t have to be too radical. A business refurbishment loan can make it easier to afford a change of paint colour, some new chairs and tables, fancy mirrors, or lighting that transforms the space.
Improve energy efficiency (and spend less on bills!)
It’s not all about aesthetics – your business’ insulation and structure could be increasing energy costs. If you’re working with a contractor, they’ll help you to prevent wasted heat and energy. Choosing newer appliances that have higher efficiency ratings will help too, plus they’re likely to last longer.
Renovation is also a great opportunity to upgrade to LED lights, use environmentally friendly materials, cut carbon emissions, and design with economy in mind. Just moving a radiator or choosing a different fridge can make all the difference.
Make day-to-day life easier for you and your staff
If your stock room has become cramped, waiting customers are hanging around with nowhere to sit, or your kitchen staff can’t use equipment easily, commercial refurbishment finance can help you make the best use of space and resources.
Having the space to grow and develop your services will make life easier for your staff, speed up their work, and improve your profits.
Keep branding consistent
The design, look, and feel of your premises have a massive influence on how customers view your whole brand. Whether you’re using restaurant renovation finance to emulate a classic Italian farmhouse or you’re going for ‘Instagrammable’ luxury, keep it in line with your brand’s personality.
To make your business recognisable and ensure that it stands out from competitors, you should use branded colours and consistent themes both inside and out.
Calculate how much you could raise in business renovation finance
Business renovation finance from Capify can give you the freedom to refurbish whenever and however you want, without stretching your cash flow too much.
Capify provides business funding that’s quick and easy – it takes just days to get your cash! With a Merchant Cash Advance or Small Business Loan you can raise £3,500+. Repayments are flexible and affordable too.
Find out how much you can raise in just 90 seconds with the Capify business loan calculator.