Pubs and Bars

Pub and bar owners’ loans hit £138m during Covid, finds Growthdeck

According to the study, many pub and bar owners had to lend money to their own businesses to prevent them going bust, in spite of Government backed lending schemes such as CBILS and BBLS

Pub and bar owners’ loans to own businesses hit £138m during Covid as owners risked their own money to keep businesses afloat, revealed private equity investment firm Growthdeck.

The study shows that 1,730 UK pubs and bar companies have “run so short” of cash and other finance that their directors have had to make loans to them from their own personal resources.

Related Articles
Back to top button