6
November 2024

Silver Orange Bistro

Thando Sikhosana
Staff Writer
In this article
Small businesses like restaurants often face hurdles when seeking funding for growth—even with a proven track record. Chef Leon Nel shares insights into the unique challenges of securing capital, especially when traditional banks may overlook the potential in these vibrant ventures.
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Silver Orange Bistro

Leon Nel, Executive Chef & Owner
“For restaurants and other small businesses, accessing the capital needed for growth can be a challenge. Banks often overlook the potential, so even if you have a dream and a history of success, you may still struggle to secure financing.

When we wanted to expand our country restaurant into a function and event venue, we turned to Merchant Capital. Functions are one of the few recession-proof businesses, and I wanted to finance a major expansion into a stand-alone function brand without using the restaurant’s capital. The Merchant Capital process was incredibly easy. I provided bank statements, my auditor answered a few questions, I signed the contract, and within a week, the funds were available. The service was brilliant: efficient, quick, and professional. They kept all their promises, and everything was handled promptly, even after hours.”

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