Finding restaurant financing sources for your restaurant can be very difficult. Capital for equipment, improvements, expansion, supplies, or even to make payroll is hard to come by. Don’t fall deeper into debt by not having the cash needed to better your business. Small business funding has a merchant cash advance program specifically for restaurant financing.
We understand the necessity for a fast cash infusion and finding someone who can facilitate the funding makes your life easier. Don’t fill out 4, 5, or 10 applications. Fill out a single application with us and we will handle all the negotiating for you. The nation’s top alternative lenders know us and trust us to bring them restaurant finance merchants in need of fast funding. They know they we will be searching for the best deal for restaurant owners so they will be hard pressed not to give us their best deal. And, accepting credit cards is NOT a requirement nor is switching your processor.
Restaurant Financing and Business Loans
Unlike a bank loan you will not be forced to submit page after page of documentation, financial statements, bank statements, tax returns, etc… Limited paper work, an application process that takes minutes, approvals in hours, and funding in days. Repayment is easy. A portion of your daily credit card sales will be automatically sent to your lender. There is no term and this is not a loan. If you process fewer payments or have a slow day then you will pay less toward your advance. If you are booming, then you will accelerate the journey to paying off your merchant cash advance faster.
ACH Revenue Based Loan
If you do not want to have payments held back through your credit card processor then you can have payments debited directly from your business bank account. This too can be a fixed percentage of your daily credit card sales. It can also be a fixed daily payment Monday through Friday. So the necessity of accepting credit cards is NOT a requirement. An ACH Revenue Based Loan is an option.
Restaurant financing helps the restaurant owner achieve the goal of maintaining a full menu of items, having equipment that doesn’t break down, keeping health code requirements intact, advertising and marketing their restaurant, and improving the overall customer experience. Apply for a small business loan today and find out how much you are approved for restaurant financing. There is absolutely no obligation.