Sapaad and FlapKap collaborate to address working capital challenges for restaurants in the UAE

The partnership aims to elevate the growth of UAE restaurants by providing flexible financing solutions.

sapaadcomprehensive restoration management solutions provider, announced a strategic partnership with MENA based FlapKapan innovative and insightful financing platform.

The collaboration between the two companies aims to support new and existing sapaad users, restaurateurs and small and medium-sized restaurant businesses (SMEs) based in the United Arab Emirates to obtain a fast and flexible financing offer within 48 hours.

SMEs are key players in the global landscape, especially in fast-paced economic hubs like the Emirates. With twice as many young GCC residents now dining out as compared to five years ago, the restaurant industry is a lucrative, high-potential sector for entrepreneurs looking to launch their next big idea. In fact, the Dubai Chamber of Commerce forecasts that the UAE restaurant market is expected to grow annually by 4.89% (CAGR 2024-2028), with diverse cuisines, unique dining experiences and innovative concepts leading the way for the growth of the SME sector. However, trying to get working capital to run a restaurant is still a long, intimidating and tedious process.

In today’s restaurant scene, sapaad serves as a fundamental solution to effectively manage and grow your restaurant business within the industry. sapaad, a leading restaurant management platform, specializes in streamlining restaurant operations and driving online business. Offering a robust set of world-class software experiences, sapaad It allows restaurant establishments to have greater control and visibility over all aspects of their business, such as sales trends or staff performance. Furthermore, Sapaad’s collaboration with FlapKap goes beyond restaurant management and empowers restaurant SMEs in the UAE with innovative financing solutions. Through FlapKap With the app, restaurant owners can seamlessly access working capital financing, addressing critical needs such as purchasing inventory, small capital expenditures, renovations and improvements, and even paying rent.

Ahmad Coucha, co-founder and CEO of FlapKap aggregate:

“Our partnership with Sapaad will add tremendous value to the restaurant ecosystem. It is the first time in the region that a premier restaurant management solutions provider and an innovative revenue-based financing solution have come together. FlapKap and Sapaad share a similar agenda to impact the SME and restaurant segments, providing them with data-driven growth opportunities. With the addition of FlapKap solutions as an offering for Sapaad users, restaurant owners can now unlock greater value creation through greater inventory purchasing power and marketing optimization.”

Vishnu Vardhan, co-founder and CEO of Sapaad aggregate:

“Our partnership with FlapKap marks an important milestone in our mission to empower restaurants throughout the region. By integrating Sapaad’s world-leading, cutting-edge POS technology with FlapKap’s innovative financing solutions, we are revolutionizing the way restaurants manage their operations and access capital. Together, we are optimizing processes, driving efficiency and driving growth in the region’s food and beverage industry. “This collaboration exemplifies our commitment to delivering comprehensive solutions that address the evolving needs of our clients, ensuring their success in an increasingly competitive market landscape.”