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Hospitality finance guide

Pub and hospitality finance: match funding to the need

Compare finance for a pub, bar or hotel by looking at what the money is for, when it should produce a return and how your sales move through the year.

Content author
Fredrik Johansson
Finance reviewer
Fredrik Johansson
Last reviewed
8 August 2026

Finance for a pub, bar or hotel should match the job you need it to do. A merchant cash advance may suit an established business with regular card takings, but it is only one option. A loan, revolving facility or asset finance may fit better depending on the purpose, timescale and how the repayments affect quieter trading periods.

Start with the hospitality need

  • Seasonal working capital: covering wages, suppliers or overheads before a busier period produces cash.
  • Refurbishment: funding a defined project with a realistic budget, closure period and expected return.
  • Equipment: replacing or adding kitchen, cellar, laundry, furniture or technology assets.
  • Stock and suppliers: buying drink, linen or other inventory without leaving too little cash for normal operations.
  • Growth: adding rooms, outside space, events capacity or another site under a costed plan.

A clearly costed purchase is different from a shortage that returns every month. If the immediate problem is timing, use the cash-flow gap guide as well.

Compare common finance routes

RouteMay suitPayment patternMain hospitality test
Merchant cash advanceAn established operation with eligible card salesAn agreed percentage of eligible card takingsMargin and cash left after collections during quieter weeks
Term or working-capital loanA defined project or amount with an evidenced repayment planScheduled payments under the agreementWhether fixed payments fit the lowest realistic trading month
Overdraft or revolving facilityShort needs that rise and fall within an agreed limitCharges linked to use and facility termsReview dates, renewal and whether the balance genuinely reduces
Asset financeQualifying equipment, vehicles or other business assetsPayments linked to the asset agreementAsset life, maintenance, ownership, total cost and security

These are finance categories, not confirmation that Mills Commercial Finance offers every route or that one will be available to your business.

Test whether card-sales funding fits

  • How much of your takings is paid through eligible card transactions?
  • How different are a strong week, a normal week and your weakest realistic week?
  • How are refunds, deposits, event cancellations and chargebacks treated?
  • What do wages, VAT, suppliers and rent leave after the proposed collection?
  • Does another provider already collect from the same card receipts?
  • Would the funded work increase sales or simply cover a recurring shortage?

A seasonal pub example

Hypothetical illustration—not a quote. A pub records £40,000 of eligible card sales in a stronger month and £20,000 in a quieter month. At an invented 10% collection rate, that would mean £4,000 and £2,000 respectively. The percentage moves with sales, but the operator still needs to test whether the cash left covers wages, suppliers, tax and other commitments in both months.

Plan around seasonality before borrowing

Build a monthly forecast using realistic trading patterns, not an annual average divided by twelve. Include payroll, stock, utilities, tax, planned closures, maintenance and the timing of deposits or event income. Then test the finance against a weaker-than-expected month.

If the money is mainly for stock, the stock and inventory guide explains the supplier-to-customer cash cycle in more detail.

What should you prepare?

You may be asked for card-processing and bank statements, accounts or management figures, trading history, existing finance and evidence of what the money will fund. For a project, prepare a budget, timeline and explanation of how it should support repayment. Requirements vary, and providing information does not mean finance will be approved.

Frequently asked questions

What finance is available for a pub?

Potential routes include a merchant cash advance, business or working-capital loan, revolving facility and asset finance. Availability and suitability depend on the purpose, trading evidence, affordability and provider terms.

Does a pub need card sales for every type of finance?

No. Card-sales evidence is central to a merchant cash advance, but loans and other facilities use different assessment and repayment structures.

Can hospitality finance cover a seasonal gap?

Potentially, but first quantify the maximum gap and show how it will clear. If the shortage repeats during normal trading, another payment may make the problem worse.

Sources and further information

This is general information, not financial, legal or insolvency advice. Available products and regulatory protections will depend on your circumstances and the provider.