What are the financial challenges for restaurant owners?

Owning a restaurant can be one of the most gratifying occupations in the world. You meet a ton of diverse people who are counting on you to satisfy their tastes and appetites. The joy of seeing the smile on their faces, hearing their laughter and knowing you got the job done is incomparable.

There are however major challenges in this business, as like all hospitality businesses you are serving a discerning public, but in this case you are literally catering to their individual tastes. A financial challenge, such as start-up costs, cash flow issues or inadequate working capital, is the last thing you need, as it can throw you off your game and affect everything you do and aspire to.

Where can I get financing for my restaurant?

We can get you the financing you need, whether you are a start-up looking for a location to do your own thing or buying into a franchise, or if you are an existing business looking for cash to stay afloat, to grow or to expand.

We work with you to put packages together and finance your needs, such as:

  • Acquisition of existing restaurant business or space
  • Ground-up construction of a stand-alone restaurant or mixed-use building
  • Expansion and renovation of your existing space
  • Purchase or lease of equipment
  • Working capital solutions to sustain your operations

What types of financing are there for restaurants?

We put financing packages together from our diverse financing products to meet your unique needs. For example, we can package start-up financing from any of the following programs:

  • Conventional loans
  • Bridge loans
  • Commercial real estate financing
  • Equipment lease or purchase financing
  • SBA 7a programs
  • USDA B&I for restaurants and banquets in rural areas

For an existing restaurant with cash flow, we can help keep you
in business by packaging working capital for you from the following additional programs:

  • Factoring
  • Accounts receivable
  • Asset-based lending
  • Unsecured line of credit
  • Merchant cash advance

Contact us and we’ll take you through a smooth, fast and stress-free process to get you the financing you need.

How fast can I get funding for my restaurant?

With a decent credit score and existing cash flow, we can get you approved and funded for an unsecured line of credit of up to $250,000 within 24 to 48 hours:

  • No tax returns required
  • No requirement for financials
  • No application, access or maintenance fees

This quickly puts cash at your disposal to use as needed. So contact us to learn more about our restaurant financing programs. We are here to help. Get Started Today!