How do events and catering businesses fund up-front event costs?

Events firms pay for staff, stock and equipment hire before the event but invoice after; a short facility funds each job's up-front cost and clears on payment. Catering and events work means committing to staff, food, drink and equipment hire before the event happens, but the client often pays on invoice afterwards. Every booking front-loads cost.

How do events and catering businesses fund

2 min read

Pay beforeStaff, stock, hire

Invoice afterSettled later

Fund each jobShort facility

The event cash gap

Catering and events work means committing to staff, food, drink and equipment hire before the event happens, but the client often pays on invoice afterwards. Every booking front-loads cost.

Fund the up-front spend

A short working-capital facility covers each event's costs and clears when the client settles. For larger bookings, invoice finance releases cash as soon as you bill.

Take deposits where you can

Deposits on bookings shift some of the risk and cost to the client. Combine sensible deposits with a facility so a busy season of bookings never outruns your cash.

What it means for you

Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online when the numbers work.

Frequently asked questions

How do I fund an event before the client pays?

A short working-capital facility covers staff, stock and hire up front and clears when the client settles the invoice. Booking deposits reduce the amount you need to fund.

Should I take deposits on event bookings?

Yes. A deposit covers your committed costs if a booking changes and reduces the working capital each job ties up. It's standard practice in events and catering for good reason.