About EDO-KIN Restaurants
EDO-KIN is a growing restaurant group in Slovakia, known for its quality oriental dining experience and expansion into new regions.
With over 120 employees, the company continues to open new locations while maintaining operational excellence.
The Challenge
Opening a new restaurant without disrupting cash flow
As EDO-KIN prepared to open a new restaurant in Zvolen, they faced the challenge of managing high upfront costs, from staffing and equipment to supplier contracts, while maintaining liquidity across existing locations.
Traditional bank financing required early repayments and collateral, creating pressure on cash flow and slowing down their growth plans.
“We wanted to grow without risking our daily operations,” explains Cindy Offermanová, COO of EDO-KIN Restaurants.
The Solution
WageNow delivered flexible, off-balance-sheet financing aligned with payroll
WageNow provided £150,000 in financing through payroll, a tailored solution that matched EDO-KIN’s cash-flow cycle. Repayments were deferred until the new location became profitable, ensuring zero strain on daily operations. This gave the company the financial space to focus on growth instead of early repayments.
“With WageNow, we finally had the breathing room to grow,” shares Cindy Offermanová, COO of EDO-KIN Restaurants.
The Results
A successful restaurant launch with stable cash flow and room to grow
With WageNow’s support, EDO-KIN launched its new Zvolen restaurant without affecting liquidity or daily operations. The company avoided heavy upfront costs and stayed on track toward profitability, maintaining flexibility for continued growth.
