Investing for growth
Many bakeries have fixed working capital that they will be reluctant to draw on, knowing that a security cushion helps to guarantee a robust business with fewer day-to-day risks; however, big banks are still unwilling to extend business loans to new customers or impose terms that act as an effective barrier to lending.
A longstanding feature of the high street, today’s bakeries offer a rich array of products and experiences that delight their customers.
As well as selling freshly-baked buns, cakes, rolls, loaves and cakes, today’s bakery businesses often include eat-in cafes. Some offer meal deals for lunch with filled rolls, soups, and pastries. Others specialise in fancy cakes and catering for events.
For bakery owners wishing to expand and grow, there are plenty of ways to diversify to enjoy success – but each of them requires more investment, setting up mobile catering capacity, equipping a café or adding soup making facilities.
A better way
Century Business Finance offers business loans and asset finance. Our focused offer means that we can extend various benefits to our business customers.
A fast process – and help when you need it
Even better, our loan application takes just a few minutes. Complete the online form with your basic information. Our finance team will make a decision in just 24 hours, using its industry experience and our generous lending criteria. The money can be in your bank account on the next working day.
Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!
Get in touch for a no-obligation chat today and secure the business finance that you need.
