Mark Greig of Paramount Investments advises a newcomer on how they can raise the finance to buy a pub.
I’ve worked in bars and nightclubs since I was 18. I’m now 24 and trying to get into the trade as a licensee but I have trouble with the finance side of it. Can you offer me any advice?
Making that first break into the pub trade isn’t easy, but if you have the right experience and a solid business plan, you should be able to secure the right finance package.
By far the most important factor a lender will look at is your experience. From what you say, you seem to have had six years of experience in a good range of establishments. Read the full article at the UK Pub Sales Blog
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