Requirements for hospitality and leisure finance:
- Demonstrable business experience in the hospitality sector
- Deposit funds available at around 30 per cent of the freehold business purchase price
- Additional security may be acceptable in lieu of full deposit funds
- Stock funding and working capital to be available (VAT bridging loans available)
- Special arrangements provided for established sitting tenants in a profitable business
- Trading accounts with proof of mortgage affordability from net profits
- Pubs ideally need a balanced ‘wet/dry’ revenue mix
- Solid, demonstrable business plan and cashflow forecast
If your business plan and experience meet the requirements then our hospitality and leisure sector advisors would be more than happy to chat with you about your options.