Restaurant Financing: Loan Alternative
Own a restaurant? Looking for restaurant financing? Consider a loan alternative from Rapid Capital Funding to give you the working capital you need to run your business.
A merchant cash advance is ideal for restaurants and other businesses that accept credit cards for 80% or more of their transactions. A merchant cash advance is a loan alternative that enables you to sell a portion of your future credit card transactions for cash up front. There are no restrictions on how you use the money and no fixed monthly minimum repayment schedule.
Better still, there are no long applications to fill out, no waiting for a response from the lender, and no collateral or personal guarantees are needed! Whether your business has good credit or bad, a merchant cash advance can provide the working capital you need to expand your business, remodel your interior space, hire new personnel, make repairs to your building or do just about anything else you need to do.
As a loan alternative, the merchant cash advance is growing in popularity. They’re much easier to get than a bank loan and more flexible in terms of repayment. When your business is good, your merchant cash advance is repaid faster; when your business slows down, the rate of repayment on this loan alternative slows down too. It’s ideal for small businesses during the recession.
Contact Rapid Capital Funding today and let us show you how to put your future credit card transactions to work today!
Photo Credit: Thomas Hawk, via Flickr
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