Need Bar And Nightclub Financing?

One of the latest trends in city ordinances and state laws is aimed right at bars and nightclubs. Cities and states are beginning to enact smoking ordinances that prohibit cigarette smoking in bars and nightclubs. While some bar and restaurant owners see this as a threat to their bottom lines, many club owners are embracing these laws and working to entice new customers into visiting. If you’re looking for bar and nightclub financing to remodel or refurbish your space in an effort to make your establishment more attractive to non-smokers, you’re in luck!

Rapid Capital Funding offers a merchant cash advance that can put thousands of dollars in your pockets almost immediately! There’s no long application process and no waiting to find out if you’ve been approved. You can spend the money in any way you like, too!

With a merchant cash advance, you sell a portion of your future credit card sales to Rapid Capital Funding, and you get cash in your hands right now. Each credit card transaction helps repay your advance, so there’s no minimum monthly payment to make! Nothing could be easier, especially for businesses that have a high volume of Visa and MasterCard credit and debit transactions each month.
Don’t wait to update your business. Contact Rapid Capital Funding today and get the bar and nightclub financing you’ve been looking for!

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Restaurant Business Financing Is Here!

Some restaurants are suffering during the recession. Diners have chosen to restrict their dining expenses and that’s hurting even the best eating establishments. At the same time, restaurant owners can find great deals on inventory, services and products a restaurant needs.

If your restaurant business plans to ride out the recession and you’re looking for restaurant business financing to remodel, repair or expand your facilities while the cost of doing so is low, contact Rapid Capital Funding. We can show you how your business can finance these projects, even when you receipts are low.

Rapid Capital Funding offers business owners a merchant cash advance. Simply sell a portion of your future credit and debit card transactions to us and we’ll provide cash on the spot. With a merchant cash advance, there are no monthly minimum payments to make. Each time you process a credit or debit card transaction, a portion of your sale goes to repay your merchant cash advance. The rest comes back to you.

This payment arrangement is ideal for businesses that don’t follow a specific spending trend. You repay your merchant cash advance faster when business is good, and when business slows down, so does your rate of repayment.

There are no limits on what you can use the funding for. Use it for whatever your business needs – new furniture, plumbing repairs, remodeling or expansion. You can even use it to support a healthy cash flow.

Contact Rapid Capital Funding today and let us help you put your future credit card transactions to work right now!

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Tavern On The Green Restaurant Owners Fight For Name

The LeRoy family has run New York’s renowned Tavern On The Green restaurant for nearly 40 years, but vows to fight to keep the rights to the name when the City of New York, which owns the building the restaurant occupies, enforces the cancellation of the restaurant’s operating license at the end of the year. The restaurant has been in continuous operation since 1934, and is the second-highest grossing independently owned restaurant in the United States. Its annual gross revenues are estimated to exceed $50 million. Tavern On The Green has been the site of dozens of celebrity wedding receptions and features a number of elegantly appointed dining rooms.

The City of New York denied the restaurant’s operating license renewal and the current occupants of the building must vacate the premises by January 1, 2010. Shortly thereafter, the restaurant filed for bankruptcy protection, but seeks to keep the name. The City of New York says it is the sole owner of the restaurant’s name because the name belongs to the building, and is entitled to award operating rights to others.

Most restaurant owners don’t enjoy the name recognition that Tavern On The Green does, but often experience similar financial problems. If you own a restaurant and are looking for restaurant financing, consider a merchant cash advance from Rapid Capital Funding. A merchant cash advance is the ideal small business loan alternative for restaurants and entertainment venues that collect most of their receipts in the form of credit card payments.

A merchant cash advance can put money in your account to help you manage the unexpected events that would otherwise disrupt your business. Your application can be approved within 24-48 hours in most cases and can provide a welcome stream of cash for renovations, bill payments and to help you manage your cash flow in uncertain economic times.

Contact Rapid Capital Funding and let us show you how to put your future credit card transactions to work for your restaurant today!

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Restaurant Financing Is Available!

For entrepreneurs in the restaurant business, the recession has been tough. Sales volumes in the dining sector have been cut, and banks are much less willing to make small business loans to restaurant owners as a result. While overall consumer spending on restaurants is down, many restaurants are doing just fine in these tough times.
Unfortunately, banks aren’t cutting breaks to restaurant loans to business owners whose bottom lines haven’t suffered. This can make expansion, remodeling and other necessary expenses difficult to cover. Rapid Capital Funding offers a special restaurant financing program that can put cash in your pocket in days. There’s no long application form to fill out, minimal paperwork to provide and no long waiting period to find out whether your request has been approved.
With Rapid Capital Funding’s merchant cash advance program, you can get the working capital you need to run your business, pay bills, buy or lease new equipment, open a second location or whatever you want to do. Contact Rapid Capital Funding today and let us show you how to get the financing you need for your business.

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Illinois Liquor Store Customers Stock Up To Beat Tax Increase

The State of Illinois will begin to impose a new liquor tax on September 1 and that has Illinois liquor store customers rushing to stock up ahead of the price increase. The state’s new liquor tax will increase by 25% over its current rates for beer; 86% over its current rates for wine; and 90% over its current rates for hard liquor. Liquor store owners are also expecting a price increase from distributors.

This two-fold hit has some Illinois liquor stores worried. The anticipated increases mean that customers will likely pay between $1 and $3 more for wine and liquor after September 1. Liquor stores are also stocking up on lower-priced alcohol in advance of the holiday season. Paying for alcohol up front may be a tough proposition, but some liquor store owners may want to consider financing their increased stock with a merchant cash advance.

A merchant cash advance provides cash up front that can be used for anything, including financing the purchase of lower priced stock. A merchant cash advance is a small business loan alternative that allows a business owner to sell a portion of his future credit card transactions for cash up front. Repayment is easy, too. As each transaction is processed, a small portion of each sale is used to repay the merchant cash advance. The rest of the sale comes back to the merchant as usual. It’s a great way to get business cash fast, and without having to worry about making monthly payments. Your merchant cash advance is repaid each time you process a credit or debit card transaction.

Contact Rapid Capital Funding today for more information about how a merchant cash advance can help your liquor store business survive.

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Bar And Nightclub Business Financing: Merchant Cash Advance

The bar business is good these days, even in tough financial times. One of the greatest challenges owners face is keeping up with local ordinances. One cigar bar owner in Galveston is finding that out. A new local ordinance, passed last month, eliminates smoking in public places, including bars and restaurants. The language didn’t include an exception for cigar bars, leaving the owner – who planned to re-open his shop after it was damaged by Hurricane Katrina – in the lurch. The ordinance may send this owner in search of bar business financing instead.

Selling cigars is profitable, but this store’s business model relies upon buyers storing their expensive cigars on site. Customers come to the store specifically to smoke. The City Council passed the ordinance without an exception for tobacco stores so as not to give an advantage to one business over others. Now the storeowner is faced with a significant political (and perhaps legal) effort to get the ordinance back on the table before January 1, 2010, the date it’s supposed to take effect. If his efforts fail, the owner says he will reform his business into a restaurant or bar.

Restaurants and bars can also be profitable, but they require a consistent source of financing. Rapid Capital Funding offers a small business loan alternative for restaurants and bars called a merchant cash advance.

A merchant cash advance can quickly get you the funds you need to pay bills, remodel, hire new employees or do whatever else you need to do to get your restaurant, bar or nightclub business off the ground. With a merchant cash advance, there is no long application to fill out and no waiting to find out if your application has been approved. If your business generates more than $2,500 per month in Visa and MasterCard credit or debit receipts, you’re likely qualified for a merchant cash advance.

The merchant cash advance is an ideal small business loan alternative. There are no minimum monthly payments to make and business owners can be approved regardless of what their business credit rating is. Contact Rapid Capital Funding today to learn more about how you can get the bar and nightclub financing you need immediately!

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Liquor Store Business Hot In Pennsylvania

Pennsylvania’s Liquor Control Board says that its 619 retail liquor outlets in the state generated $1.84 billion in revenue, including nearly $500 million in sales and liquor tax revenue. Unlike most states, the State of Pennsylvania strictly controls the sale of liquor through state-run liquor stores. The liquor sales revenue in Pennsylvania underscores what most liquor store business owners already know: liquor sales are good in a recession. For business people who operate a liquor or party store, and are looking for liquore or party store business financing in areas where private liquor sales are allowed, Rapid Captial Funding offers a business loan alternative known as a business cash advance.

A business cash advance can be used to help modernize your retail outlets, pay taxes, expand your inventory, offer new products or merchandise, or hire new employees. The business cash advance is ideal for businesses that conduct a high volume of credit card transactions.

With a business cash advance, a small portion of each sale is used to pay back the business cash advance, and the rest comes back to your business. You’ll always have the cash you need to run your operation, because there is no monthly minimum payment to make, no collateral to put up and no personal guarantees to make. Business cash advances are so popular that three out of four merchants who take a business cash advance get a second advance when their first is repaid.

Yes, it’s that easy and that convenient! Why bother with applying for a line of credit with a bank, only to be turned down after weeks of waiting? Open your own “line of credit” with a business cash advance from Rapid Capital Funding today!

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Bar And Nightclub Business Financing Business Cash Advance

Many bar and nightclub owners have already figured out that recessions aren’t necessarily bad for business. One group of nightclubs in Chicago is experiencing a 15% increase in customer volume over last year. The nightclubs all occupy a single block and the owners have found that their clubs’ popularities have increased because prospective patrons know that they can find a party they like among the group of three nightclubs, all of which cater to different crowds. While per-person check averages are down, the increase in the number of customers means that these clubs are doing fine.

If you’re looking for a ready source of bar and nightclub business financing to expand your business, remodel or retool your business model, consider a business cash advance from Rapid Capital Funding. With a business cash advance, you can get the funding you need to expand your business, deliver improved service, rework your menu or drink offerings, or do whatever you need to improve your customer volume.

Rapid Capital Funding offers a business loan alternative that’s ideal for businesses whose credit and debit transaction volume exceeds 80% of its gross receipts. With a business cash advance, you sell a portion of your future Visa and MasterCard transactions. As the transactions are processed, a portion of each sale goes to repay your merchant cash advance. The rest comes back to you. There is no monthly minimum payment to make, no collateral to put up and no payment guarantees. You get the cash you need within hours of applying for it, and your business cash advance is repaid each time you process a credit card sale.

There is no simpler way to get the bar and nightclub financing you’re looking for than a business cash advance from Rapid Capital Funding.

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Liquor Or Party Store Business Financing: Business Loan Alternative

Liquor stores are still doing well in the recession. According to liquor store business owners, shoppers are still buying alcohol and spending about the same as they have in the past, but are showing a preference for the less expensive brands. As an added boost, more customers are dining at home, and using liquor to add a special touch to meals.

Liquor store businesses are also reporting that their customer base is expanding, which has erased what would otherwise be losses from reduced spending. The figures are more than anecdotal; the State of New Jersey reports that its liquor tax revenue increased from $100 million in 2005 to $104 million in 2008.

Why are people drawn to liquor in a recession? In an Interview with the Newark Star-Ledger, Lew Rothbart, the Executive Director of the New Jersey Licensed Beverage Association says that a wide variety of choice among alcoholic beverages enables it to ride out recessions easier than many other non-essentials.

For owners who are looking for liquor store business financing to expand or enhance their operations, consider a merchant cash advance from Rapid Capital Funding. A merchant cash advance is a business loan alternative designed with small business in mind.

There are no monthly minimum payments to make, no collateral to put up and no personal guarantees associated with this business loan alternative. You get the cash you need up front by selling a portion of your future credit card transactions to Rapid Capital Funding. As the transactions come in, you repay your merchant cash advance with a small percentage of each sale. The rest is returned to you.

You can get the financing you need often within hours of submitting your application. Our funding decisions are fast because we don’t need a lot of paperwork to evaluate your application. Whether you have good credit, bad credit or no credit, your business is likely qualified for a merchant cash advance if you generate more than $2,500 per month in Visa or MasterCard receipts. If only bank loans were this simple! Contact Rapid Capital Funding today and get the liquor store business financing you need now!

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Bar And Nightclub Business Financing: Beer Demand Remains High

A recent survey conducted by the Brewers’ Association following the SAVOR: An American Craft Beer & Food Experience event in Washington DC, shows that demand for good quality beer remains high despite the slowdown in the economy. More than 9 of 10 respondents say that the slumping economy has not changed their beer buying habits. More than 50 percent of respondents said they spent more than $50 per month on beer purchases. 98 percent of respondents said that high quality was the most important factor in their beer purchasing decision.

That’s good news for bar and nightclub business owners, many of whom say that their business has not slowed, despite the economy. Owners report that patrons may be purchasing less expensive liquors, but that their overall purchasing expenditures have tended to remain constant.

While small business owners, including those looking for bar and nightclub financing, are reporting an increasing amount of difficulty securing funding from banks, some small business operators have decided to bypass bank loans altogether in favor of a business loan alternative known as a merchant cash advance.

The merchant cash advance is ideal for businesses that have a high Visa or MasterCard transaction volume, although you can qualify for a merchant cash advance with a monthly transaction volume as low as $2,500. As a business loan alternative, a merchant cash advance makes sense. You repay your merchant cash advance with a small portion of the sale each time you process a Visa or MasterCard transaction. The rest of the cash comes back to you. Your merchant cash advance doesn’t affect your cash intake, and there’s no minimum monthly payment to make. Nothing could be simpler.

Contact Rapid Capital Funding today for more information on how a merchant cash advance can help you get the bar and nightclub financing you need.

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