Bar And Nightclub Financing: Try A Business Cash Advance
Bar and nightclub financing is available through Rapid Capital Funding, and many entertainment venues are taking the opportunity to remodel. A recession is a good time to consider a remodeling project because labor and materials costs can be kept in line with a tight budget. Unfortunately, many banks aren’t extending bar and nightclub financing right now. A business cash advance is a great business loan alternative that will help finance any remodeling project small or large.
A business cash advance isn’t a business loan; it’s a business loan alternative. Rapid Capital Funding purchases a portion of your future credit card transactions and provides your business with cash up front in exchange. As your transactions come in, a small percentage of each sale is used to pay the business cash advance. The remainder comes back to you.
A business cash advance is the ideal tool for bar and nightclub financing. When your business is good, your repayment occurs at a faster rate. When sales drop off, your repayment rate does, too. It’s the ideal way to cope with small and large fluctuations in your business cycle.
If your business accepts Visa or MasterCard and generates credit or debit receipts of as little as $2,500 per month, your business cash advance request is likely to be approved. Ninety-five percent of business owners who meet these criteria get the cash they need from Rapid Capital Funding within days or even hours of their business cash advance request.
Finally, a business loan alternative that makes sense for the way you do business. Contact Rapid Capital Funding today to find out more about our bar and nightclub financing.
Photo Credit: Diego Baseggio
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