article thumbnail

Number of Insolvent Restaurant Companies rising by the week

UK debt collections

Many restaurant groups have relied on debt finance to fund expansion and renovation, while the hospitality sector was also being affected by a continued shortage of staff, which has driven up wages. The remarks come amid a number of big takeovers from high street retailers.

Retail 59
article thumbnail

After-Tax Cost of Debt – How to Calculate it For Your Business

Debt RR

It’s important to understand how debt impacts a company’s bottom line so businesses can optimize their financial strategy. Calculating the after-tax cost of debt is one way business owners can determine how much value their debt provides. Debt Financing. It’s the most conservative debt option for both parties.

article thumbnail

Gin Company seen on Dragons Den, collapses with Business debts

UK debt collections

Since receiving funding on Dragons Den , the brand went on tosecure 420,000 (US$528,800) in investment 100,000 (US$126,000) from the NPIF FW Capital Debt Finance fund in 2019 and then 320,000 (US$402,900) in early 2020 to grow in the UK with retailers and bars, including Harvey Nichols and pub chain JD Wetherspoon.

Retail 63