Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
You're in safe hands...
logo

Our trusted partner Bionic, has experts who handle the comparison for you and guide you through your quotes.

Compare Business Energy
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Compare Businesses Broadband from top providers
logo

We compare our best Business Broadband deals to find the ideal solution for your business.

Get Connected
Guides & Advice

Find everything you need to decide which Business Broadband plan is right for you.

headshot
Why Is My Business Broadband Slow?
Read all Business Broadband guides >
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Menu
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Popular right now...
logo

CASHBACK OFFER - Enter code 150BOOST when you sign up for a Tide business bank account T&C's apply*

Compare Bank Accounts
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
You're in safe hands...
logo

Our trusted partner Bionic, has experts who handle the comparison for you and guide you through your quotes.

Compare Business Energy
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
You’re in safe hands...
logo

Our trusted partner Bionic, has experts who handle the quote for you and you through your options.

Compare Business Insurance
Guides & Advice

Secure your business with the right insurance. From contents to cyber, we've got you covered.

headshot
What Happens if My Business Insurance Lapses?
Read all Business Insurance guides >
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Compare Businesses Broadband from top providers
logo

We compare our best Business Broadband deals to find the ideal solution for your business.

Get Connected
Guides & Advice

Find everything you need to decide which Business Broadband plan is right for you.

headshot
Why Is My Business Broadband Slow?
Read all Business Broadband guides >
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Compare our best card machine offers from leading suppliers.
Guides & Advice

Set yourself up to take (and make) payments easily.

headshot
Hard vs Soft Credit Checks: What to Know
Read all Payment Solutions guides >
Banking & Finance
Energy & Utilities
Business Insurance
Broadband & Phones
Payment Solutions
Guides & Advice
Trending

Find our most popular recent guides here.

Trending

5 Years Later: 5 Business Impacts of Brexit

Five years after the United Kingdom left the European Union, small businesses across the country are still feeling the effects.

Catering Business Loans

A guide to helping you understand and compare catering business loans

£

A guide to catering business loans

Catering companies are always under pressure in their competitive industry to impress customers and keep up with the latest food trends. This pressure combined with fluctuating trading patterns at different times of the year can put a significant strain on all aspects of catering business finance.

To ease this pressure there are a variety of competitive catering business loans available. To help you access the catering business funding your business requires, we have compiled this useful guide.

How a catering business loan can help your business

There are many reasons why catering businesses take out loans, but the most common reasons are to improve customer satisfaction and to take advantage of an unexpected opportunity. For example, as technology develops there are new systems which can be implemented into a catering business such as loyalty card systems, fast point of sale systems and online ordering options.

When these investments are combined with effective marketing strategies the costs do start to add up, but the increase in trade will usually cover the initial investment. Not every catering business has the capital available to invest in these latest business opportunities, which is why short-term catering business loans are so popular.

Other popular catering business loans are more long-term commitments, which are ideal for business expansions or significant renovations to premises.

Investing in an expansion or new premises will involve more than just the initial property costs, there are also costs to be considered for the fixtures and fittings alongside the hiring or new employees. During this period the costs can quickly begin to spiral, but a quick catering business loan could provide the cash required to finish the project.

Compare Now

What catering business loans are available?

We specialise in helping businesses find the ideal loans for their specific requirements. By working with a wide variety of lenders we can provide access to the most flexible catering business loans, with terms to suit your specific business.

Our panel includes everything from high street banks to alternative peer to peer lenders, who can provide a variety of suitable business loans. Whether you are looking for an unsecured short-term loan of less than 12 months, or a secured loan to be repaid over a number of years, our lenders will take the time to get to know the individual circumstances of your business.

If a standard catering business loan is not the right option for your business, we can also put you in touch with lenders which specialise in everything from equipment asset financing to providing a business line of credit. Your business could have access to a loan from just £1,000 up to £20,000,000 with flexible repayment terms to suit your income.

How to compare catering business loans

Our quick and easy business loan comparison tool will help you easily access the most competitive catering business loans. By entering your loan requirements and financial details you will be provided with a list of lenders from our panel, so that you can easily compare the available loans. The loan amount offered, interest rate and charges are likely to depend on your annual turnover, credit rating and business plan, with a variety of flexible loans always available.

If you would like to discuss your requirements for a catering business loan, please contact our team who will be able to advise you on the best loans to suit your specific circumstances.

Compare Now

If you need some free advice our business experts would be happy to help

Opening hours
Monday to Friday
9 am to 5:30 pm