BARS AND BREWERY FINANCING
Are you working to grow your bar, brewery or distillery business and don’t quite have enough cash on hand to do so? If your business bank account has seen better days or you simply want to avoid tapping into your cash reserves for a costly or unexpected expense, consider how a business loan for a bar can help.
- Up to $500,000
Estimated Repayment Terms
- 1-5 Years
- Starting at 7%
Speed of Funding
- As fast as 1 day
Financing Your Bar
As a bar or brewery owner, you know that drinking establishments, like any business, have a fair share of challenges. Whether you want a boost in working capital for your microbrewery, new equipment for your craft beer taproom or an additional location to increase business, at nmc.fit and our Top Lenders and Top Accredited Investors, we have bar and brewery financing options to meet your needs. Let’s look at a few instances of when brewing industry financing for your business can be optimal.
Update Your Bar
You don’t necessarily want the pub’s outdated decor. Your bar was pristine a few decades ago, but a facelift could do it some good. If you’re looking to upgrade your building’s interior or exterior to feel more 2020, consider how getting a loan for your bar can help.
Upgrade Bar or Brewery Equipment
Need new equipment for your bar or back office? You might consider bar or brewery equipment financing when you’re seeking to update your out-of-date appliances or computer systems. Whether you’re looking to buy a beer fermenter, lighted signs, liquor shelves or a point-of-sale system, at nmc.fit and our Top Lenders and Top Accredited Investors, we have a bar or brewery business loan to meet your needs. Additional items you might use financing to purchase include:
•Under bar sinks
•Glass holding racks
Invest in Music and Entertainment
Is your business a sports bar? Do you want to buy new TVs and sound equipment to draw in more crowds? Or would you like to have the funds you need to hire local musicians to perform at your bar? Get more people talking about your place as the go-to watering hole by featuring high-quality electronics or talented performers?
Bar and brewery financing can also give you a cash flow boost when you need to stock the inventory that your business relies on for success. Extra funds can help you purchase costly food and beverage essentials in bulk, including:
Maybe your existing drinking establishment is doing so well you’d like to acquire another location to cater to additional clientele. If you have your eye on leasing or purchasing a space to continue growing, consider the funding you’ll need to get there. Bar and brewery finance options are also available to offset the initial costs involved in opening another location, such as building renovations and business licenses.
After your submission has been processed, our Business Consultant will reach out with the status and timeframe for approval.
Receive Bars and Brewery Loan Funding
Upon approval and your acceptance of the offer, funds are deposited directly into your bank account so you can use the money immediately.