The capital investment required to set up a restaurant or bar is enormous, using asset finance for the set-up reduces the risk, retains cash reserves and makes opening any premise more affordable in both the short and long term. With the growing trend for ‘social entertainment’, hospitality is merging with leisure. From escape rooms, crazy golf, ping pong and VR arenas, hospitality is increasingly more diverse and capital intensive.
GSM Finance specialises in providing readily managed finance options for hospitality clients, including fit-out, furniture, all forms of electronic and catering equipment.
Asset financing delivers cost certainty and keeps start-up cash where it should be – in the business for use against staff salaries, stock and all-important marketing.
A selection of hospitality assets we are currently funding:
Air Conditioning Equipment
Amusement Arcades and Gaming Equipment
Fixtures and Fittings
Food Truck Financing
Speak to one of our brokers today
If you own a restaurant or a bar and haven’t used asset finance previously, why not speak to our Hospitality finance expert Ben who will be able to run through the advantages and disadvantages of hire purchase, lease or a loan. He will be able to suggest the alternative business finance that will be most applicable to your business and it’s needs.
If you already use asset finance and would like to see if we are able to structure you a better deal, again feel free to Contact us via email or phone, or if you prefer, use our contact form and we will put together a no obligation quote for you to compare.
Talk to us.
For the assets your business needs to secure its future, for a loan to secure its present or for equity from assets secured in the past. We can help. Contact the team today on:
Please fill out the short form below if you require funding for any asset type, unsecured loan or refinance of already purchased assets from £10k to £5m