Big Dogs Pub Company set for site expansion with six-figure loan
Market-place lender Assetz Capital has provided a six-figure loan to the Big Dogs Pub Group, as it sets it sight on expanding to new locations across Nottingham.
The Big Dogs Pub Group operates a chain of micro-pubs under the Dog House brand in Nottinghamshire, including a site on Yorke Street which is located less than a mile from Hucknall town centre, purchased in 2018. Founded in Nottinghamshire in 2017, the Big Dogs Pub Company employs 15 people across its three sites.
The loan is replenishing the directors’ own cash investment and there are plans to expand the brand across the region in the future.
Since establishing in 2013, Assetz Capital has lent more than £900m, providing a range of alternative finance products to businesses and property developers across the country. This includes commercial mortgages, secured SME term loans and development finance. The marketplace lender funded new housing projects last year representing the equivalent of one in every 100 new homes built.
Luke Carter, senior relationship manager at Assetz Capital said: “It is great to see Big Dog Pubs tapping into the craft beer trend, which has become a thriving marketplace in recent years and offering huge opportunity for growth. With SMEs often referred to as the backbone of the economy, it’s important for lenders like ourselves to offer our support to ensure that the UK remains a prosperous place to do business.”
David Fewster, director at Big Dogs Pub, said: “With this loan we really hope to make a difference to the current offering of craft beer sites available, with our expansion plans enabling us to suit the needs of customers across the region. We have seen real success with our current sites and with this loan and support, we have an opportunity to expand our locations across the region. Working with Assetz Capital has been an enjoyable and efficient process in which the firm has helped us at every step.”