Arcade Loan
With a secured Arcade loan, no amount of space invaders can ruin your day
Running a gaming arcade is more than just fun and games; it requires strategic financial planning, especially with the growing popularity of home consoles. These days arcades are less about the games themselves; what is most attractive is an immersive environment where people want to hang with their friends, engage in some retro activities and to do this securing the right funding is essential.
Securing a loan is no game to us, and with our brokerage tool we can find you the best rates available in the entire market, to make you the most competitive arcade in town.
Key Financial Considerations for Gaming Arcades
Startup Costs
Equipment: Purchasing arcade machines, gaming consoles, and VR setups.
Property: Purchasing the property Investing in lighting, sound systems, and seating arrangements.
Marketing: Building a brand presence through advertising, a website, and social media promotions.
Running Costs
Staff Salaries: Wages for attendants, technicians, and customer service staff.
Utilities: Monthly expenses for electricity, internet, and air conditioning.
Maintenance: Regular servicing and repair of arcade machines and gaming equipment.
Revenue Streams
Game Play Fees: Charging customers per play or offering time-based packages.
Memberships: Providing monthly or yearly memberships for regular players.
Concessions: Selling snacks, drinks, and merchandise.
Leasing Space: Hosting birthday parties and other events
Loan Repayment
Effectively managing loan repayments is crucial for financial stability. Understand the loan’s repayment terms, and budget properly to meet payments on time.
Types of Loans Available
Working Capital Loans
Example: Use to manage payroll and utility bills during slow business periods.
Equipment Financing
Example: Finance new arcade machines, VR systems, or gaming consoles.
Inventory Financing
Example: Stock up on popular games, merchandise, and concession supplies.
Merchant Cash Advances
Example: Fund a marketing campaign or expand your gaming area.
Bridging Loan
Example: Cover unexpected expenses before long-term finance has been approved.
Invoice and Payroll Loans
Example: Manage cash flow and cover employee wages with pending customer payments.
Asset Finance
Example: Acquire new arcade cabinets, seating, or largescale gaming setups.
Leading Lenders for Gaming Arcade Loans
High Street Banks
- Competitive interest rates
- Reliable customer service
- Diverse loan options
- Stricter eligibility requirements
- Longer approval times
Private Lenders
- Faster approval times
- Flexible loan terms
- Less stringent qualification criteria
- Higher interest rates
- Potentially higher fees
Can I apply for an arcade loan?
Any business can apply for a arcade loan, regardless of how big or small it might be, provided you are VAT registered and you meet the minimum monthly turnover.
As a range of business funding options are available, it can often be challenging to find the perfect deal to acquire your arcade. Our specialist business loan advisory team helps take the strain in finding the right finance solution for your expansion into gaming.
Call us today on 0117 313 8872, for a free initial consultation or use our business loan quote service.