Finance solutions for leisure and hospitality ahead of the summer rush

Summer can be a crucial period for many leisure and hospitality businesses. From seaside cafes to boutique hotels, the warmer months offer a surge in demand, but they also bring the challenge of having to juggle the demands of upfront costs. That’s where flexible finance solutions come into play.

Preparing for the seasonal spike

In the run-up to summer, businesses often need to:

• Hire and train seasonal staff
• Invest in outdoor seating, kitchen upgrades, or refurbishments
• Stock up on goods and drinks
• Launch advertising campaigns to attract footfall

However, these preparations can place strain on cash flow before revenues kick in.

Strategic finance options will help a business to gear up without draining all its reserves.

Popular finance solutions for the sector 

• Asset finance – perfect for acquiring new equipment, POS systems, or furniture without upfront costs.
• Merchant cash advance – ideal for card-heavy businesses like restaurants, as repayments flex with daily takings.
• Short-term business loans – quick access to capital to manage recruitment, stock, or refurbishments.
• Invoice finance – for businesses handling large event bookings or B2B contracts, this ensures quicker access to funds.
• Bridging loans – a smart option for securing funding between property purchases or covering cash flow gaps during transitions. 

Why timing is key

Acting early means a business can implement upgrades and marketing plans in time to attract customers and meet demand. Leaving finance to the last minute may limit the available options or delay operations. This has been proven by a Cocktail Party events company located in Oxfordshire who have been able to secure a £50K draw down facility to help prepare them for the busy summer months.

Be ready to maximise revenue

With the right finance strategy, a business can fully capitalise on the seasonal rush. That might mean serving more customers, upselling premium experiences, or simply avoiding operational hiccups. 

Don’t let cash flow constraints hold a business back. Finance tailored to seasonal needs can make this summer your most successful yet. To find out more call us on us on 01993 706403 or e-mail enquiries@ngifinance.co.uk.