Secured a £100,000 merchant cash advance
Enabled hiring of new staff and kitchen expansion
Tied to daily credit card sales, adapting to business performance
Case Study
£100,000 Merchant Cash Advance secured and backed against restaurant sales performance
Overview
An independent restaurant in the UK, renowned for its excellent food and service, was experiencing rapid growth and needed capital to expand its kitchen and hire more staff, including waiters, waitresses, and two additional chefs. To support this expansion, Monetae secured a £100,000 merchant cash advance for the business, a flexible and unsecured financing option commonly favoured by hospitality, retail, and leisure companies.
Challenge
As the restaurant’s reputation grew, so did its customer base, putting pressure on its existing kitchen and staff. The business needed more space for food preparation and additional team members to maintain its high level of service. Traditional financing options, such as secured loans, were difficult to obtain due to the lack of collateral.
Solution
Monetae identified that a merchant cash advance (MCA) would be the ideal funding solution. Unlike traditional loans, an MCA is unsecured, meaning no collateral or personal assets were required. Instead, the advance was based on the restaurant's future credit card sales, making it a perfect fit for a business with steady customer transactions.
​
​One of the key advantages of a merchant cash advance is its adaptability to a business’s revenue cycle. Repayments are automatically taken as a percentage of daily credit card transactions, allowing the business to repay more during busy periods and slower during quieter times. This flexible repayment schedule helped the restaurant manage cash flow without the pressure of fixed monthly payments.​
Independent Restaurant
This UK-based independent restaurant is renowned for its high-quality food and exceptional service, earning a loyal customer base. As a growing business, it focuses on delivering a memorable dining experience, combining fresh ingredients with a welcoming atmosphere.
Industry
Hospitality
Subsector
Restaurants
Client Type
Small Business
How we helped
Outcome
With the £100,000 merchant cash advance in place, the restaurant was able to expand its kitchen, improve its operational efficiency, and hire the additional staff required to meet growing demand. The new chefs and waitstaff helped maintain the high-quality experience customers had come to expect, while the expanded kitchen allowed for more streamlined food preparation.
​
Additionally, the flexibility of the MCA meant the restaurant could repay the loan at a pace aligned with its sales volume. This dynamic repayment system ensured that the business could grow sustainably, repaying faster during busy periods and more gradually during seasonal lulls.
​
Key Solutions Delivered:
​
-
Funding Support: Secured a £100,000 merchant cash advance
-
Unsecured Loan: No collateral required, based on future card payments
-
Flexible Repayment: Tied to daily credit card sales, adapting to business performance
-
Business Expansion: Enabled hiring of new staff and kitchen expansion
​
Monetae’s ability to tailor a merchant cash advance solution helped the independent restaurant achieve its growth objectives while providing the flexibility needed to manage repayments in line with business performance.