Pub business loans from PDQ Funding allows landlords and landladies to expand their business without the hassle and hurdles you would expect from a high street bank. Whether you are looking for an expansion loan, funding to finance renovations or a quick injection to cover cash flow during seasonal downtime. We have helped pub owners like you to get the finance they need to grow. Having a reliable source for pub financing is crucial to surviving in the hospitality market. Although the pub, bar and leisure sector is one of the largest and most successful in the UK with its night time economy term used.
Pub Business Loans
There are over 48,000 Public Houses and Bars in the UK. With over 1,000 large corporate breweries and the growth in popularity of micro breweries. The pub & brewery trade provides nearly 1,000,000 jobs but in recent times have certainly been challenging and even more so with business funding.
As a professionals in the hospitality industry you will have experienced the ups and downs of owning and running your own public house. You understand the hospitality industry better than anyone and know that investing and staying ahead of the competition is essential to maintaining a successful licensed trade business. The seasonal nature of the hospitality industry many publicans have been turned down by the high street banks for a business loan. This could have a dramatic effect on the business if finance is not secured when it is needed, say “dry January”!
If your public house or bar has been turned down for a pub business loan by the bank. PDQ Funding haver an answer it is an alternative funding solution in the form of a Merchant Funding. Repayments for the pub business loans are in line with your business takings. This is the perfect solution for anyone working in a seasonal industry like the hospitality and pub industry.
Instead of providing a lender with security or collateral, our unsecured pub and bar loans often require a personal guarantee. Personal guarantees ensure that if your bar or pub defaults on loan repayments, you as the business owner or landlord become personally liable for repaying the borrowed money to the lender.
A legally binding agreement, it’s important to be aware of what a personal guarantee entails. With that being said, if you are satisfied with your pub’s situation and confident loan repayments will be made on time, you shouldn’t feel fearful of signing the agreement.
Use the loan to make your Business Grow.
Merchant Cash Advances are quick and effective alternative lending solutions to public houses, bars or any type of hospitality industry lead business. The process is quick and easy to apply for. PDQ Funding has helped support over 1000 pubs and bars across the UK year on year with unsecured business borrowing. The businesses have used the funding to provide :
- Kitchen referbishment
- furnishings and furniture
- Refurbishment and repairs to building
- Garden landscaping and smoking shelters
- Paying VAT, PAYE, MGD
- Promotion of the venue
- New glassware or dinning inventory for a restaurant area
- Cash flow worries
Regardless is your venture is established or it’s just finding its feet, the business can still apply for a PDQ Cash Advance. This is a quicker process than access to applying for a quick business loan. A quick turn around can be completed within 2 to 5 days should you need funding quickly. This funding product is a fantastic alternative to any pub loans on the market today.
Reasons to choose our alternative finance for your Pub or Bar
90% of UK based Pubs & Bars are approved for our alternative finance product. The application process to gain one is simple and easy to complete. Minimal paperwork and no accounts required just that you have a turnover of £5,000 or more each month via your PDQ Machine. Here are a few reasons why customers chose a merchant cash advance for pubs and bars over pub loans :
- Funding from £5,000-£200,000
- No fixed monthly payments – only pay back when you make a sale
- 100% of your cash income is kept by you
- One clear cost, no APR
- Penalties free or hidden charges
Is My Bar / Pub Business Eligible?
All bars and pubs owners strive for growth, which is why we work with lenders who place emphasis on the current strength of your pub business, overlooking any previous issues or shortfalls where they can.
Our Simple Qualifying Criteria:
- Your business is registered and trading in the UK
- You have been actively trading for a minimum of 6 months
- A minimum monthly turnover of £5,000
- You as the business owner is over the age of 18
How do Pub Loans work
Business loans from PDQ Funding are a type of cash advance based on future credit and debit card sales. The advance is usually between £5,000 and £200,000 and it’s repaid via a pre-agreed percentage of your taken card transactions via the PDQ Machine.
Paying back is directly linked to card takings. Repayments will only happens when your business takes a card payment as a sale. Taking this in to account all cash sales stay with the business. Unlike pub business loans your personal assets and home are safe! Should the merchant cash advance take longer to pay off, the originally agreed repayment cost remains the same. No penalties or extra fees are levied, because there’s no such thing as late payment with a pub loan cash advance.
What security is needed to get Pub Finance?
Brewery Loan Alternative
Like to know more about an alternative form of business funding for your public house or bar? Our brewery loan alternative funding starts at 7%. Interested to know more? Simply complete the online enquiry from and one of the hospitality funding team will contact you to discuss your needs.
The Application Process
Step 1: Read through our bar and pub funding products guides to ensure everything you need to know before applying.
Step 2: Click the get a quote button. You will first be asked some basic details to verify your business. Please expect to be disclose the following:
- The amount you want to borrow for your bar / pub
- Average monthly card sales
- Name of your pub / bar business
Step 3: Your funding application will then be directed further, where you will be asked to fill in your personal contact details, including:
- Title, first name and surname
- Position in the business
- Email and telephone number
Step 4: After you accept the terms and conditions you will be able to click ‘get my quote’. From here your application will be processed and reviewed by one of our approved business finance partner.
Step 5: Once the application has been reviewed by one of our trusted direct lenders, a dedicated account manager will be in touch to discuss the terms of your loan or advance agreement. At this point you are welcome to ask the lender anything you are unsure or have concerns about, including repayment plans, to make sure there are no nasty surprises along the way.
Step 6: After you have carefully read through all the terms of agreement, you will need to sign all of the relevant documentation and return it to the lender.
Step 7: The whole process should take 3 – 5 working days with funds in your account on completion.