Dining out is now the most popular leisure activity in the UK and most diners will consider adding a drink or two to their evening – or heading straight to one of the many pubs and bars that offer food alongside their drinks menu. This means there are huge opportunities for entrepreneurs wanting to create a successful leisure business. Successful pubs and bars can often be very small; however, with careful differentiation, niche positioning and targeting to key audiences, they can operate with successful and healthy profit margins – taking on the big boys in the process!
Accessing vital finance
Opening a bar or pub and then investing in it to develop a healthy business proposition requires finance. Many high street banks are still reluctant to lend, even with the credit crunch and subsequent recession now a distant memory. In the absence of ready access to finance on the high street, specialist lenders such as Century Business Finance have sprung up to offer attractive alternatives.
The Century Business Finance difference
We offer carefully-tailored loan packages devised to suit the needs of businesses. We do not deal with individual customers; instead, we focus our service and expertise on Britain’s businesses, giving them access to the loans they need to thrive and grow.
We offer great rates, flexible repayments, a fast application process, and no hidden charges or nasty surprises.
Unsecured business loans
Borrow from £10,000 to £500,000 from just 4.8 per cent, with no upfront fees and with fixed repayments for ease of budgeting. Choose a payback period of six months to five years. If you repay early, there are no fees for an early exit – you simply pay less.
Borrow from £10,000 to £2m and preserve your working capital. No deposit is required. Fixed monthly payments help you to budget and your asset finance is 100% tax deductible. You can also finance any kind of equipment, from new bar equipment through to works on your premises.
A simple process
Simply complete the five-minute application form online for an instant decision and to receive your loan funds the following day. No complex paperwork, meetings or onerous process requirements apply! For help and advice, contact our expert finance team today – our staff will be more than happy to help and to discuss your specific business needs.
Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!
Get in touch for a no-obligation chat today and secure the business finance that you need.