Hospitality and events - fast funding to cover supplier payments

• Cash flow challenge: I have to pay suppliers upfront for events, but I won’t get customer payments until after the event takes place.

• Perfect for: Event organisers, hospitality venues, and suppliers that face significant pre-event costs.

Novuna helps event-based businesses secure fast funding to cover supplier payments, either through our award-winning in-house service or by comparing the market to find the best fit for your timeline.

We connect you with providers who understand the event and hospitality sector, help you apply, and make sure you get the right deal.

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Why event businesses face cash flow challenges

Events typically require substantial upfront investment - venue deposits, catering, entertainment, marketing, and equipment hire. These costs often land months before the event takes place, while the bulk of income arrives closer to the date or after completion. This timing mismatch can cause cash flow strain, especially for smaller businesses or those running multiple events at once.

Funding options to cover supplier payments

• Merchant cash advance – Get funding based on your projected card sales, repaying through a percentage of transactions once the event is underway.
• Invoice finance – If you invoice corporate clients or sponsors in advance, you can release that income early through invoice factoring or discounting.
• Short-term business loans – Fixed-term borrowing that provides a lump sum to cover supplier payments, repaid over an agreed period.

Benefits of securing fast funding before events

• Confirm supplier bookings without cash flow stress

• Avoid last minute compromises on quality or delivery

• Negotiate better rates by paying suppliers early

• Manage multiple events without overextending resources

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How to choose the right funding option

• Assess how quickly you need the funds

• Consider repayment flexibility to match your revenue pattern

• Review total costs, not just interest rates or fees

• Align the funding term with the event timeline

How Novuna Business Cash Flow can help

We’ve helped manufacturers across the UK unlock cash tied up in unpaid invoices to keep operations running and seize new opportunities. Our facilities are fast to set up, flexible in structure, and tailored to the needs of your manufacturing business.