This means there’s always going to be a market for independent restaurants and takeaways, even if they face competition from the big-name chains. Small businesses can build a loyal customer base over a short time.
All they have to do is follow a simple recipe, finding a niche and delivering great tastes for the market around them. Social media has made it easy to build a reputation fast, and so long as it’s a good one, that’s great.
Difficulties Accessing Finance
Expanding your restaurant or takeaway business takes significant investment. Finding the capital needed is tough when margins are tight and cash reserves are important. Big banks may not be willing to lend – and those businesses they lend to often regret the hefty fees and challenging terms.
It’s no surprise that a new wave of specialist lenders has emerged to meet business’ needs.
A Better Way to Borrow
Century Business Finance works with businesses which aim to thrive and grow. We can provide the finance you need to upgrade your restaurant kitchen or invest in new takeaway courier logistics systems – or any other essential needs?
Business Loan Benefits – Our Offer
We offer unsecured loans of £10,000 to £500,000, with interest rates starting at just 4.8 per cent. Enjoy fixed monthly payments for terms of six months to five years for ease of budgeting. There are no early repayment fees, end of term exit fees or hidden charges to worry about. You can borrow for any purpose – we’re flexible and available to help you put your business plans into place.
We also offer asset finance for all equipment financing (including building works). Funding runs from £10,000 to £2m. Our asset finance loans are 100% tax-deductible with no additional charges. Payback periods can be up to seven years.
Application takes just five minutes and is managed online. Following application, our team will make a decision within 24 hours, with funds clearing to your bank account the following day.
You can apply online for an instant decision. If you’d prefer, you can also call our experienced finance team for friendly advice. They’ll be happy to discuss the specifics of your situation.
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.