Offering effective working capital options for restaurants
The restaurant industry is a constantly growing field. The preparation and service of food brings about high turnover rates for both your inventory and your staff. Because of this, it can be difficult to determine how to best allocate your funds. There may be a recall on a key ingredient. A difficulty may arise from your electrical wiring. Certain trademark meals may become unpopular due to general trends completely out of your control. All of these scenarios happen to restaurant owners on a daily basis, and contending with them requires careful consideration. Funding Merchant Source can provide low-risk, easy-to-obtain funding so that you have the working capital your continued growth requires.
Restaurant Funding FAQs
Answer: Platform Funding offers a great variety of restaurant financing options, like revenue-based financing, equipment financing, invoice financing, business loans, lines of credit, and leasing.
Answer: Our restaurant funding process is accessible to most of the businesses in the food industry and we can usually provide you with the capital you need in as little as 48 hours. Apply for a restaurant loan today and let’s get started.
Answer: Platform Funding has just 3 minimum requirements to offer a restaurant loan or leasing, including: being in food business for a minimum of 6 months, providing us with 3 recent bank statements and having a monthly revenue of at least $12,500.
Answer: You can start the process of funding your restaurant business online on our website. One of our business financing experts will talk to you about the options available and help you choose the right one. You will receive the funds for your restaurant in as little as 48 hours.
Start your business loan application today.
Answer: You can use your restaurant loan to fund almost any area of your business. You can purchase more capital, new equipment, hire new staff, or even meet payroll requirements.
Answer: Restaurant owners who need to purchase new equipment can access funding through various financing options.
One option is through equipment leasing. This allows the restaurant to lease the equipment for a fixed period of time while making regular payments, similar to a rental agreement.
Another option is through business loans, where the restaurant owner can apply for a restaurant loan with a set repayment schedule and interest rate.
Business lines of credit also offer a solution where a restaurant owner can borrow funds when needed, making it a flexible option even for purchasing equipment.
Let’s start getting you funded. Use the link below or call (866) 473-1455.
Our process is simple, fast, and secure.