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Sourcing flexible, short term business finance for your restaurant is quite a challenge in the current economic climate. Many mainstream lenders and banks are rejecting a significant number of small business’ applications, which leaves many in the service industry forced to look for alternative options, which can be a difficult search at times, particularly in the short term.

Raise between £3,500 and £500,000

Whatever plans you have in mind for your restaurant, you can make them a reality with flexible business finance options from Capify. You could train new, skilled chefs who will transform your restaurant menu, renovate rooms to try and improve your star-rating and attract more customers, or possibly even allocate more budget to new methods of both online and offline marketing and advertising.

If you meet the simple requirements, Capify could help you raise between £3,500 and £500,000 in short term business finance to make the changes you want to make to your hotel, big or small. You can raise 75% of your monthly turnover, making it achievable for businesses at every level, no matter what the size and scale of your hotel.

To qualify for short term business finance, the requirements are notably straightforward and achievable. Your restaurant must have been established for 9 months minimum, be a limited company, and process funds of £7,000 each month. 90% of all business owners who apply to us are approved for finance and funds are released to them in just days.

Once the specifics of your business loan have been agreed upon, you’ll find the repayment process extremely easy. Every day, a small, manageable amount will be paid from your business bank account. This will continue for 5 to 12 months, a time period which will depend upon your hotel’s monthly revenue and cash flow.

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