OakNorth Bank has provided a £650,000 loan to Liverpool-based, 160-cover independent Italian restaurant Casa Italia.
The facility will be used to refinance existing borrowing as well as expand the restaurant by an additional 50 covers.
“This expansion marks a hugely important chapter in Casa Italia’s history,” said Carlo Campolucci-Bordi, managing director at Casa Italia.
“We’re well known for our fresh ingredients, generous portions and the best value Italian wine in Liverpool, so we’re delighted that with this finance from OakNorth Bank more people in the city will be able to experience this.”
Daniel Martin, debt finance director at OakNorth, added: “We’re delighted to be able to support a family business with such a fascinating history and one that is so well known in Liverpool’s city centre.
“Carlo has worked in the hospitality industry for over 40 years and has been involved in all aspects of the industry, having previously managed a large hotel in Manchester, as well as several restaurants.
“It is this experience, as well as the strong trading track record of the business, that made this deal stand out to us.”
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