Debt

Banks aren't the only source available to lend you money for expansion, so do your homework before taking the cash

Smart money: sourcing funds to expand your business

By Michelle Perrett

If you want to expand your business, financial backing is key but where can you get your hands on the readies? It’s not just banks that can help you. There are probably more options than you think

Money worries: last year, 60% of January enquiries to the LTC were from people seeking financial support

How pub workers can beat the January blues

By Stuart Stone

In light of seasonal splurging and early December paydays, the Licensed Trade Charity has issued a short guide to help pub workers beat January money blues.

Be at One completes £20m refinancing

Be at One completes £20m refinancing

By Mark Wingett, MCA

Be At One, the Piper-backed cocktail bar group, has completed a £20m refinancing, and ended the sales process it started earlier this year.

Is it a good market for first-time buyers?

Pub property

Is it a good market for first-time buyers?

By Nicholas Baker

Nicholas Baker provides us with his thoughts on the current environment for pub finance and tips for applying for finance as a first-time buyer.

Funding advice: Are we 'in the money'?

Finance

Funding advice: Are we 'in the money'?

By Phil Mellows

As pub industry confidence returns, so is lenders’ faith in the ability of operators to give them a return on their money. Phil Mellows reports.

'The key to any mortgage application is a well thought out business plan'

INSIGHT

The right approach to bank borrowing

By Roger Schooling

Roger Schooling, senior partner at Sidney Phillips Business Mortgages, says make sure you get expert advice before making your pitch to the bank

If all requisite approvals are obtained, the restructure proposals are expected to become effective on 8 October

Punch restructure edges closer

By John Harrington, M&C Report

Punch Taverns’ restructure has edged closer after more creditors gave their backing to its proposals.

Punch Taverns must launch its restructure by 11 August

Punch noteholders vote to waive covenants

By John Harrington

Punch Taverns noteholders have voted overwhelmingly in favour of requests by the pub company to waive its covenants that would otherwise put the firm in default, as part of the restructure of its £2.3bn debt.

The Tap House in Lancaster

Mitchell’s eyes Tap House concept roll out

By John Harrington

Mitchell’s of Lancaster, the Lancashire-based pub and hotel operator, says it hopes to roll-out its fledgling craft beer concept Tap House while also looking to make additional property disposals as a condition of completing a financial restructure of...

Punch's new proposals would result in a 26% reduction

Punch proposes debt-for-equity swap

By Mark Wingett

Punch Taverns has this morning published details of revised restructuring terms, which differ in a number of ways from the terms of the restructuring launched by the company in January, including a debt for equity swap that would see bondholders take...