La Barca secures £175,000 CBILS funding from Santander UK

Covid-19 News | Food & Drink | Funding | South East

La Barca is an established Italian restaurant that has operated from the same premises in central London for over 40 years.

The restaurant has an impressive list of regular diners ranging from high profile politicians, actors and TV and film directors as well as visitors, residents, and businesses. The restaurant closed in March in line with the Government’s guidance and reopened its doors yesterday.

Santander UK agreed a £175,000 CBILS support package with the funding supporting La Barca to invest in internal renovations to ensure social distancing can be adhered to. The funding will also help to equip colleagues with personal protective equipment (PPE) and fund marketing to help bring in new income streams.  The restaurant has increased its outdoor seating capacity and introduced ‘fine dining’ takeaway and catering services.

Tanya Davoli, part-owner and Director at La Barca, said: “With Santander’s support we could invest in increasing outdoor seating for customers as well as training and safety equipment for our staff.  Santander not only provided us with support to meet our financial obligations but assisted us in preparing the restaurant for the future, making the business safer, more competitive and attractive going forward.”

Robert Riffkin, Relationship Director at Santander UK, commented: “We’re delighted to be working with La Barca to provide vital funding so the business can adapt and get ready to reopen. Its many loyal customers will be happy to return for their fantastic food and improved take away and catering services.”

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