The challenge

A well established burger restaurant in New Zealand was preparing for its busiest time of year. With holiday trading and the summer tourist season approaching, the business needed additional funding to stay ahead of demand.

Operating multiple locations across New Zealand, including stores in Auckland, Hamilton and Mount Maunganui, the restaurant experiences strong seasonal fluctuations. Costs such as staffing, stock and day-to-day operations increase well before peak period revenue begins to flow.

While the business had been operating successfully for more than 12 years and built a strong brand presence (including a large social media following), it faced challenges securing funding due to a negative credit score.

The solution

Bizcap took the time to understand how the business operated, including its seasonal trading cycles and funding requirements. Rather than focusing solely on credit history, Bizcap assessed the overall strength of the business and its ability to manage growth during busy periods.

Bizcap secured a $300,000 Business Line of Credit, providing the business with flexible access to funds as needed. This structure allowed the restaurant to draw down funds when required, rather than taking on unnecessary debt upfront.

The outcome

Despite having a negative credit score, the business successfully secured a Line of Credit ahead of its busiest trading period.

The funding gave the business the flexibility to manage increased costs during the holiday and summer tourist season, while maintaining smooth operations across multiple locations. With finance in place, the business could focus on delivering a great customer experience during peak periods without the stress of cash flow gaps.

About Bizcap’s Line of Credit

Bizcap’s Line of Credit gives New Zealand SMEs access to up to $500,000 in flexible funding, designed to support cash flow and growth when it matters most. Funds can be drawn as needed, with interest only paid on the amount used, giving businesses greater control over their finances.

With approvals in as little as three hours and same-day funding available, Bizcap’s Line of Credit makes it easier to access capital without delay. Businesses can tap into available funds as needed without needing to reapply.

Apply now to see how Bizcap’s Line of Credit can support your business.