Break the venue budget into clear parts
Kitchen equipment, furniture, building work, deposits, stock and opening wages can sit in one budget but receive different treatment from a finance provider. Itemise them. Movable equipment is not the same as leasehold improvements or operating expenses.
If opening or expanding a venue, align supplier payments with the building and approval timetable. The period before opening can consume cash without producing sales.
Use realistic trading assumptions
A busy weekend is not a full-year forecast. Include quiet days, seasonality, wastage, staffing and delivery-platform costs where relevant. Model the break-even sales required after adding finance repayments.
Consider the remaining lease term and any refurbishment obligations. Finance for equipment that outlasts your current premises needs a plan if you relocate.
Funding categories to explore
- Equipment finance for identifiable kitchen or service assets
- A business loan for a defined expansion or fit-out budget
- Working capital funding for temporary operating gaps
- Acquisition finance when buying an existing venue
What to prepare
- Itemised equipment and fit-out quotes
- Lease information and proposed opening date
- Sales assumptions and operating budget
- Contingency for delays and ramp-up
Common questions
Will equipment finance cover building works?
Not automatically. Itemise works and equipment so each funding need can be assessed.
Can a new cafe rely on projected sales?
Projections can help explain the plan, but they are not guaranteed income or an approval. Requirements vary by provider.
General information only. Product terms and availability vary. Check the actual proposal and obtain advice appropriate to your circumstances.