Running a restaurant or café means thin margins, daily fresh-stock buying, and expensive equipment that has to keep working. Credicorp lends to UK limited companies and LLPs in food service for genuine business purposes — never to individuals or sole traders.
Where the money goes
Food businesses pay for ingredients constantly, often daily, while wages, rent, and energy run in the background. A new oven, a walk-in fridge, or a front-of-house refit can be the difference between a struggling site and a profitable one — but each is a real upfront cost.
Common uses of funding
- Replacing or upgrading kitchen equipment
- Refurbishing the dining area or adding covers
- Building working capital for a quieter season
- Opening or fitting out a new site
How we look at it
We assess your trading history and how the funding fits your plans. The rate and term are confirmed in your offer and reflect your company's own profile, so there are no figures quoted here.
The basics
The agreement is with your company, and we take no director personal guarantees. As an exempt business lender outside the FCA consumer-credit regime, the Financial Ombudsman Service and FSCS do not apply.
See also: Funding an MOT bay or fleet servicing equipment, Funding equipment for a café, kitchen, or bar and Funding a refit or refurbishment of your premises.