The hospitality industry is a dynamic and ever-changing landscape, and pubs are at the heart of it. Pubs in the UK are not only about serving drinks and food. They’re also an essential part of British culture and a hub for local communities.
Running a successful pub takes dedication, hard work, and financial stability. First Oak Capital understands the unique challenges faced by publicans. We also offer tailored finance solutions to help them grow and succeed.
Whether you are looking to expand your pub’s seating capacity, open additional locations, or upgrade your offerings, securing the right financing is crucial. Pub finance allows you to invest in your pub’s growth and take advantage of new market opportunities.
Using a Specialist
At First Oak Capital, we specialise in the hospitality sector and understand the unique challenges faced by publicans. Our team of experts has extensive knowledge of the pub industry and can offer tailored financial solutions to help your pub thrive.
We work with a diverse panel of lenders, including high-street banks, specialist lenders, and alternative finance providers. This allows us to secure the most competitive rates and terms for your pub financing needs, ensuring that you get the best possible deal.
PUB FINANCE
Rates from 3.5%
Borrow £10k – £5M
Revenue Based & Assets
12 – 84 month terms
VAT deferral available
Pub finance options
Types of Pub Finance:
Merchant Cash Advances
A merchant cash advance (MCA) is a flexible financing option. It allows you to receive a lump sum of money in exchange for a percentage of your future credit and debit card sales. MCAs are particularly suitable for pubs with strong card sales. Repayments are based on a percentage of your revenue, making them more manageable during quieter periods.
Asset Finance
Asset finance is a type of lending that allows you to borrow money against the value of your pub’s assets, such as equipment, vehicles, or property. This financing option enables you to invest in new assets, refinance existing ones, or release equity from your assets to improve cash flow or fund other business initiatives.
Term Loans
Term loans are a traditional form of financing that provide a lump sum of money to be repaid over a fixed term, typically with a fixed or variable interest rate. Business loans can be used for various purposes, such as working capital, equipment purchases, or property improvements. They can be tailored to suit your pub’s specific needs and financial situation.
Commercial Mortgages
Commercial mortgages are long-term loans secured against a property, typically with a repayment term of 15 to 25 years. These mortgages can be used to purchase or refinance a pub, fund property improvements, or release equity for other business purposes.
WHY FIRST OAK CAPITAL?
Helping Since 1994
Benefit from our 30 years of experience and expertise in commercial finance brokering
Competitive Industry Rates
Increase business growth and save money with highly competitive industry rates
Access Over 100 Lenders
Access to more than 100 lenders in the UK finance market
Funding Within 48 Hours
Once approved, funding can be provided in as little as 48 hours
What can pub finance pay for?
Regardless of your circumstances, pub finance can cover:
- Improvement or fit out of your bar
- New kitchen, bar, and cellar equipment
- Furniture and soft furnishings
- Stock purchases
- General cash flow purposes
- VAT bill
- Website design and creation
- Vans & vehicles
- Staff training & recruitment
- New menus & branding
- +More
Benefits of pub finance:
- Protect precious working capital
- Offset lease payments against tax and reclaim the VAT element
- Finance up to 100% of the purchase price
- VAT deferment until reclaimed option
- Finance lease, Hire Purchase or Term Loans available
- Repayment terms of up to 7 years
Pub Finance Calculator
Here Is Your Finance Illustration
- Monthly Payment :
- Estimated Interest Rate : 5%
- Total Amount Payable :
*This interest rate is for illustrative purposes only, your interest rate may differ and will be confirmed during your application.
Credit score information
Excellent : This category is for companies with an outstanding credit rating. Your business will be profitable, well established, and have a consistent or growing turnover. With no missed payments.
Fair : This category is for companies with a decent credit rating. They have a history of making payments on time, with possibly a few missed or late payments in the past.
Poor : This category is for companies with a poor credit rating or who may have had financial difficulties in the past. This could include a County Court Judgments (CCJs) on their record.
FAQs
First Oak Capital offers a wide range of financing options, including Merchant Cash Advances, Asset Finance, Term Loans, and Commercial Mortgages. Our team will work with you to determine the best financing solution for your specific needs and circumstances.
Our experienced team at First Oak Capital will assess your business’s financial situation, growth plans, and unique requirements to recommend the most suitable financing option for your pub.
The time it takes to secure financing depends on the specific type of finance and the complexity of your application. However, First Oak Capital strives to provide a streamlined application process and works closely with lenders to secure funds as quickly as possible.
Interest rates for pub financing vary depending on the type of finance, the lender, and your business’s financial profile. We work with a diverse panel of lenders to ensure we secure the most competitive rates and terms for your specific needs.
Some types of pub financing, such as Asset Finance and Commercial Mortgages, require collateral in the form of your pub’s assets or property. However, other financing options, like Merchant Cash Advances, do not require collateral and are instead based on your future credit and debit card sales.
Repayment terms for pub financing depend on the type of finance and your specific agreement with the lender. Terms can range from a few months to several years, with flexible options available to suit your business’s cash flow and financial situation.
To apply for pub finance with First Oak Capital, simply contact our team to discuss your financing needs. We will guide you through the application process, collect the necessary documentation, and liaise with lenders on your behalf.
While having a strong credit history can improve your chances of securing financing, First Oak Capital works with a range of lenders, including those who consider applications from businesses with less-than-perfect credit. Our team will work closely with you to find a suitable financing solution based on your specific circumstances.
Yes, pub financing can be used to consolidate existing debts, such as loans or outstanding bills, into a single, more manageable payment. This can help improve your cash flow and simplify your financial management.
Absolutely. Pub financing can be used for various purposes, including acquiring another pub, expanding your existing premises, or investing in new equipment or facilities to grow your business.
Applying for pub financing may require a credit check, which can have a temporary impact on your credit score. However, successfully securing financing and making timely repayments can ultimately improve your credit profile over time.
Fees associated with pub financing depend on the specific type of finance and the lender. First Oak Capital will provide full transparency regarding any fees or charges associated with your financing solution during the application process.
Have Questions? Let’s Talk.
Call us today to get help securing pub finance. In addition, we would be happy to provide you with more information about our services. Call us on 0800 066 3677 or email us to get the ball rolling. Alternatively, if you’d like to get your finance approved today just click on the quote button, complete the short form and we’ll be in touch.
