Horeca financiering

Financing your hospitality
business: how does it work?

Want to expand your hospitality business, have a new (open) kitchen fitted or open another branch? Or simply need a credit to bridge the low season? Moore DRV will be happy to look at your plans with you and guide you through the entire process: from drawing up plans and prognoses to obtaining financing. But we isn’t something we take lightly.

First, we want to know more about you and your hospitality business and get a full picture of your hopes and dreams. What matters to you? Which kind of financing suits your situation and business best: a loan, credit or crowdfunding, for example? We give you valuable advice and tell you how you are doing. While we can’t promise any miracles, we’ll seize every opportunity!

Horeca accountant column orangerie Mattemburgh

What our clients say

"In 2018, our restaurant underwent major renovation work. Moore DRV's advisors gave us good advice and reassurance when it came to the financing. Based on our plans, Pieter Poortvliet made extensive calculations and produced a forecast to see whether the concept was financially viable. Those calculations provided us with a foundation for making decisions, and our business is still using them for guidance two years on."

Frank van Akkeren - Orangerie Mattemburgh

How we can help you find financing:

  • By preparing a forecast
    The forecast shows how you see the (financial translation of) future developments. It is important that you estimate the turnover and ensure that the cost pattern is consistent with the expected turnover development. We can also work out the financial consequences of various scenarios.
  • By accurately establishing the financing requirement
    Due to the interest charges, you don’t want to apply for too much financing. On the other hand, you do not want to be faced with a ‘funding gap’ as a result of a financing application that was too low.
  • By writing a professional financing memorandum
    This memorandum provides financiers with information about the business and its intended development, as well as the business owner as a person. It also identifies the risks and specifies how the business owner thinks they can reduce or overcome those risks.
  • By identifying your cash flows
    For financiers, it is important to gain information about the cash flows. This clarifies whether interest and repayments can be paid.
  • By approaching banks and/or other parties
    We assess where the financing application has the best chance of success. With the help of the financing memorandum, we then present the financing application in the best possible way.

 

Why choose Moore DRV to handle the financing of your hospitality business?

The financing landscape is changing dramatically, and banks are no longer the only option for financing your hospitality business. In addition, it is becoming increasingly common that not just one, but several financiers are fulfilling financing needs together (‘loan stacking’). New financing initiatives are constantly appearing on the market, each with their own proposition.

As we are familiar with these providers, we can make a good selection of suitable parties to approach when you are looking for financing for your hospitality business. We know exactly what these parties are looking for and how to create the most favourable conditions. Thanks to our extensive experience, we can often realise financing in a short period of time, with substantial savings on both interest and other conditions.

More information?

M. (Marco) Goovers

Senior advisor

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