Restaurant Cash Advances
If you're a restaurant owner looking to expand your business - add more tables, retrofit the kitchen, or even just spring for a comprehensive marketing campaign - you know those things cost a lot of money. You also know that getting a small business loan can be incredibly difficult, requiring an excellent credit profile, and a ton of paperwork.
The good news is that there is an alternative source of funds, and no, it doesn't involve mortgaging your home to pay for your business. It's a restaurant cash advance, and Merchant Cash in Advance is the largest company providing these advances.
What is a restaurant cash advance? It's a lump sum that we work with you to determine, that you'll be able to use for any aspect of your restaurant's business. Even better, there's no fixed monthly payment. Instead, your payments are based on your actual cash flow, so when your restaurant is slow, your payments are lower, and when every table is full every night, your payment goes up. You don't even have to write us a check - we take a percentage of each credit card transaction you process, until the loan is repaid in full.
How does this help you? You get the funds you need without a lengthy application process - we don't even require a credit report - or a plan for how the money will be spent. You can even use the funds to purchase a new restaurant, if you want.
Restaurant cash advances have been around for over a decade. You could spend time trying - and possibly failing - to get a regular business loan - but a cash advance can be yours in as little as 48 hours after your application is approved. We won't even ask you to save us your best table.
Posted on: January 19, 2012 04:48 PM