Simple Steps to Funding

Discover what's possible for your hospitality business

Refurbishments & Fit-outs

We appreciate that staying relevant means continuous investment in your offering. Whether you're refreshing your menu, refurbishing your front of house, or expanding your seating capacity with outdoor spaces, these improvements require capital before they generate returns.

Soft-Asset finance offers a tax efficient solution for funding a wide variety of updates under operational expenditure. This type of finance can cover fixtures, fittings, lighting, electrics, flooring, equipment and technology.

Not only does this preserve your capital, it also spreads the cost of the assets and VAT over a period of time and OpEx payments are tax deductible. Soft-Asset finance enables you to avoid using up your cash-reserves buying depreciating assets.

• Refurbishing front-of-house areas - lighting, décor, flooring and air conditioning / heating 

• Upgrading kitchens, electrics, preparation areas and refrigeration facilities

• Expanding seating capacity with new indoor or outdoor spaces

• Diversifying by investing in outdoor serving facilities, equipment for external events or extra food production such as outdoor pizza ovens

• Rebranding and updating signage
  

Cashflow Management & Bridging Seasonal Gaps

Hospitality businesses often navigate dramatic seasonal variations. During slower periods, you still need to pay rent, VAT, Corporation Tax, utilities, and retain trained members of your team. We understand the seasonal challenge and are experienced with providing solutions for:

• Bridging seasonal fluctuations - financial support to cover operational costs such as rent, staff wages, insurance and business rates during quieter months

• Unexpected costs & emergencies – immediate solutions to cater for equipment breakdowns, emergency repairs, urgent bills

• VAT & Corporation Tax – fast funding to pay on time, spreading the cost and avoiding HMRC penalties

• Stock purchases - funding to enable businesses to stock up ahead of busy seasons and bulk buy to qualify for larger supplier discounts or seize time-sensitive offers
  

Growth and Expansion

When the time is right to scale, having suitable finance in place can make the difference between seizing an opportunity and watching it pass. Whether you're ready to open a second site, expand your current premises, or take over a competitor's business, we can help fund your ambitions.

• Opening additional sites
  
• Expanding your site
  
• Acquiring a competitor’s business
  
• Franchise investment
  

Marketing, Advertising & Events

Attending wedding fairs, investing in marketing collateral, and advertising ahead of key seasons requires upfront investment. Whether you're promoting a new menu, showcasing a refurbishment, or building an online presence through social media and Google ads, these marketing efforts drive future bookings.

• Digital transformation – building or upgrading your website

• Brand awareness – advertising campaigns, social media presence and influencer partnerships

• Professional photography & videography

• Events
  

Ready to discuss how BEAR Business Finance can support your business? Contact us today.