Liquid Corporate Finance recently arranged restaurant refurbishment finance for a London-based fast-food franchise expanding with an additional location. An unsecured business loan was secured to fund the restaurant refit, providing the capital required to prepare the newly acquired site for opening while helping the client preserve valuable working capital during the expansion.
Following the purchase of a restaurant franchise, the client required restaurant refurbishment finance to complete the fit-out of an additional London location. With capital already committed to the acquisition and expansion of the franchise, the client wanted to avoid tying up further cash in the refurbishment. They therefore required a flexible funding solution that could cover the refit costs while preserving working capital for the new restaurant’s opening and ongoing trading requirements.
Liquid Corporate Finance approached its lender panel and secured an unsecured business loan for the restaurant refurbishment, avoiding the need to provide property or business assets as security. The facility was structured over a 36-month term, allowing the cost of the restaurant fit-out to be spread over three years. Importantly, the client was required to pay only three monthly rentals in advance as their initial payment, helping to retain cash within the business during the crucial refurbishment and opening period.
Longer term = lower payments
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