What can Restaurant Funding do for my growing business?
We specialize in offering small business owners fast, reliable and flexible working capital for their business. We do not offer secured or traditional business loans, instead offering small businesses a chance to actually get the cash they need without jumping through hoops. We provide liquid capital with no personal guarantee of collateral necessary. You can receive up to $500,000 in under 3 days and use the money for anything related to your business.
How does the small business funding work?
After you submit a short application, underwriters will determine how much capital you qualify to receive based on the last three months of your financial records showing gross monthly revenue of at least $10,000. After you’re approved, you can use the money for anything, whether it’s expanding, paying rent, paying off outstanding loans or hiring new staff.
When we provide a cash advance, we buy a percentage of your future earnings. Our payment plan is proportional to your earnings to put as little strain as possible on your cash flow and to ensure you aren’t overburdened if sales slow down.
When your merchant cash advance is 80% paid off, you can choose to renew it for up to 200% of the original amount. We aim to be your favorite funding partner!
Why is a Merchant Cash Advance better than a traditional business loan?
Merchant Cash Advances from Restaurant Funding do not require a minimum credit score or your assets to be used as collateral. Traditional business loans can take up to a month to be processed, and you’re required to put your assets on the line.
Our Merchant Cash Advances do not look at your credit or require collateral to give your business the cash it needs to grow. Thanks to our fast underwriting process, we often approve applications same-day and have money deposited to your bank account within 1 business day.
How much can I get?
Your business can receive anywhere from $3,000 to $500,000 depending on your monthly revenue. There are no restrictions on how you can use the money.
Does my business qualify for funding?
To qualify for one of our restaurant funding programs, you must own your business and have been operating for at least 6 months. You must also have statements documenting revenue of at least $10,000 per month.
Bad credit, recent bankruptcies and previous or outstanding loans may not affect your ability to qualify. Your restaurant can also qualify, even if you do not process credit card transactions. To find out if you qualify for funding, fill out our short form on this page and a representative will contact you shortly to discuss our programs and find a solution that works well for your business. Call us today at 855-265-3380