Bar and Nightclub Financing Merchant Cash Advance

Posted in Bar Business, Business Cash Advances, Business Loans, Restaurant Financing by Eileen
June 5, 2009

In search of new revenue streams, music publishers are hoping to strike it rich in nightclubs around the world. A new bill, introduced to Congress last month, seeks to have radio stations and nightclubs (among other establishments) pay royalties to performers and music publishers when they play songs. Right now, radio stations pay royalties only to songwriters, but performers and publishers are unpaid when a song airs.

Bolstered by recent successes in Italy and Australia, the recording industry is looking to prop up sagging revenues as CD sales decline worldwide. Will paying for performance royalties become part of the nightclub scene in the US? It’s hard to say, but the legislation has pitted the Recording Industry Association of America against the National Association of Broadcasters, two of the biggest media lobbies in the US.

The payment of royalties could require owners to find new sources for bar and nightclub financing, and could result in higher cover charges and drink prices to pay for the right to play recorded music in a nightclub setting.

If you currently own a bar or nightclub, a merchant cash advance from Rapid Capital Funding could provide you with just what you’re looking for: fast cash without the hassle of applying for a bank loan.

A merchant cash advance is a business loan alternative that can put cash in your pocket virtually immdiately. Whether you need money to expand, remodel or repair your club, pay personnel, pay taxes, make code improvements or anything else, a merchant cash advance from Rapid Capital Funding can get you the bar and nightclub financing you need rigt now.

Simply sell a portion of your future Visa and MasterCard credit and debit transactions to Rapid Capital Funding. In exchange, you get cash without hassles. As your transactions come in, a small portion of each sale goes to repay the advance, and the rest comes back to you. It’s just that simple, and the bar and nightclub financing you need is just a few mouse clicks away. Contact Rapid Capital Funding today and put your future earnings to work for you right now!

Photo Credit: Mr. T in DC, via Flickr