£17,000 Fast Funding Helps Young Pizza Business Capitalise on Peak Demand
Company Sector: Hospitality
Loan Type: Short-Term Loan
Loan Amount: £17,000
Loan Term: 12 Months
The Challenge
Running an independent pizza company with on-trend toppings and a bold brand, our client started with a takeaway-only operation that soon progressed to a sit-down restaurant with a loyal following.
With demand growing, they urgently needed additional pizza ovens to increase their output and maximise their profits during peak periods. Funding was also required for replacement flooring to ensure the restaurant looked its best. As a young business, their trading history was limited and their credit profile wasn't perfect.
"As a young business, their trading history was limited and their credit profile wasn't perfect."
Our Solution
We understood from the outset that the profile of the business, together with the urgency, meant we needed to go directly to only the most suitable lenders.
In less than a week, we secured a £17,000 Short Term Loan over 12 months with terms that worked for the business:
- Affordable monthly repayments - structured to suit the growing business
- No early settlement fees - the client can pay off the loan ahead of schedule without penalty
- Overpayments permitted - flexibility for the client to reduce the balance faster in stronger trading periods
"In less than a week, we secured a £17,000 Short Term Loan over 12 months with terms that worked for the business"
The Results
- Fast funding - the business didn't have to put plans on hold or miss out on additional sales
- New flooring installed - improving the restaurant environment for customers
- Additional ovens in place - meaning more pizzas, faster, during peak periods
- Flexible finance - terms that give a young business room to grow without being locked in for a long period
If your business needs funding fast - get in touch to explore how we can help - 01832 770 273