Restaurant Cash Advance
We know how expensive it is to run a business, especially a restaurant. There is the daily food to pay for, the cleaning, the staff, the chef, electricity, water, training, education, equipment, knives, and on and on. It’s costly to run a restaurant especially a successful one. If you find that you need a bit more cash to take your restaurant or business to the next level, we can help!
Bad Credit- No Problem
One of the best things about our Restaurant Cash Advances is we don’t look at your credit in order to get you approved. We do pull your credit, but we do not use it to base our decision of off. We look at three main things in to make our decision on approving you for your cash advance:
- How long your business/restaurant has been open (we require three months or more)
- The cash flow of your restaurant/business (must be $8,000 or more)
- And lastly, we look to see that your credit score is a low 500 or higher.
As long as you meet these three requirements we can get you approved TODAY for your Restaurant Cash Advance! Here at Cash Business Capital, we know that credit is just a number, and we also know that in order to build capital- especially in the restaurant business, you’re going to need cash. It takes money to expand the building, adds more waiters and chefs, and in general just run the business in a way it will thrive and grow. If you’re struggling with low credit, but a business that’s ready to grow- call us today!
One of the best things about our Restaurant Cash Advance is how quickly we can get you approved. After you submit your application we can have you approved that same day- with money in your account in 1-3 business days. It’s simple and fast- exactly what you’re needing a looking for. No more pages and pages of your life’s financial records, no more insane amounts of documents, no more waiting, no more stress and worry!
How to Apply for our Restaurant Cash Advance
- Download and fill the application found here (make sure to sign everywhere it asks)
- Print out three months of your restaurant’s bank statements
- Email to firstname.lastname@example.org
Once you submit the application, you can have the money in your bank in 1-3 business days. Which is so much easier than the traditional bank’s process.
Purposes of the Restaurant Cash Advance
There are a lot of things you can do with your cash advance- our favorite, however, is using it to invest in real estate but using the cash advance to put towards a down payment or real estate loan. This can be done if you’re restaurant is looking for a second location, or if you simply want to expand the building you already own.
The other purposes for this cash advance can really be anything you want- the most common is an equipment upgrade, training, staff bonuses, remodeling of décor to keep up with trends, and much more!
Why a Restaurant Cash Advance?
There are many reasons to skip the traditional lenders and one of them is timing. Most often, people just don’t have the time to wait for weeks for the bank to get back to them, and time is money. Our process takes about 4 days at most, and we can direct the deposit the cash into your bank account.
Another reason we suggest going with our cash advance program is that we can offer flexible and personalized monthly payments. Because we take a loan out of the cash flow of your business, for monthly payments we simply take a percentage of what you made that month. That means that if you had a slower month, we take less. If you had a great month we take more and you’re that much closer to paying off the loan- which is great for your credit!
Did we mention that there are no application fees, no backend fees, no hidden fees, and no early payoff fees? That’s right! Again, it’s another great reason to take advantage of our business loan program. We don’t want to waste time with fees, and we know that you don’t either. Our application process will always be no obligation, and free- no cost to you. We also think that should you pay off the loan early, you should not be penalized or fined- that’s why we don’t have an early payoff fee. We think that makes sense.
Restaurant Cash Advance Facts
- Approval in Days
- Bad Credit OK
- No application fee
- No hidden fees
- No early payoff fees
- Loan amount of $2,000- 2,000,000
- Short and Long-term loans
- Loan amount decisions based on business cash flow
- Cash directly deposited into bank account
- Short Application Process
Cash Business Capital understands that every business owner at times needs some help getting the cash they need to so they can take their business to the next level. We know that it takes a certain amount of capital to grow, and keep up with demand when business starts booming. That’s why we offer a quick, fast, and easy solution when you’re in a bind and need the cash fast! Sometimes you have to be able to move fast as demand for your businesses services grows and grows – you can’t just wait on the bank to approve you to be able to expand or hire that second chef.
We know there are always questions and unique situations- don’t hesitate to ask us anything down below in the comments- or feel free to call or email and we would love to talk to you! Apply today, and get that funding you need and deserve.