Pastation, a popular restaurant on Tottenham Court Road, wanted to scale their fresh food offering by investing in a new production facility. They partnered with Moorgate Finance to make their restaurant expansion possible without putting strain on their cash flow.
The Highlights
✅ £265,000 secured across four lenders
✅ No personal guarantees required
✅ VAT-only deposit structure
✅ 60-month HP agreements tailored to cash flow
✅ Enabled a dedicated off-site production kitchen to support Tottenham Court Road operations
The Challenge
Pastation needed to install a brand-new kitchen and set up a dedicated production facility at a separate site, both serving their Tottenham Cout Road location and other restaurants. This separate facility was essential to allow fresh pasta to be made in larger volumes whilst still supplying their main restaurant with consistently high-quality product. Before coming to Moorgate, the business faced repeated setbacks, with lenders insisting on personal guarantees. The business was reluctant to use these, which left them unable to secure the funding they needed and slowed their plans to expand capacity.
The Solution
Moorgate Finance structured a tailored funding package to meet Pastation’s specific requirements. A total of £265,000 was secured across four specialist lenders, spread over a 60-month term through HP agreements. The deal was completed with just a VAT-only deposit and no personal guarantees, removing the biggest barrier they had faced previously. By using multiple lenders, Moorgate Finance ensured the funding was delivered quickly and on terms that supported the businesses cash flow and growth ambitions.
Give us a call on 01908 92 62 62 or head to www.moorgatefinance.com/apply-now to start the conversation.