Restaurant Financing: Small Business Loan Alternative

Quick! What’s the next Big Thing in the restaurant business? Comedy. Business at comedy clubs has been on a tear compared to businesses at other types of restaurants. Cover charges are usually nominal – about $10-$15 per person – and it adds up to affordable entertainment, even during a recession.

Comedy clubs range in service level from full restaurants and nightclubs to simpler establishments that serve popcorn or chips and drinks, both alcoholic and non-alcoholic. While not 100% recession –proof, entertainment venues typically do well during downturns.

If you’re looking for restaurant financing to expand your business, consider a business cash advance from Rapid Capital Funding.

A business cash advance is a small business loan alternative that makes sense for businesses where credit and debit cards figure into 808% or more of all transactions. With a business cash advance from Rapid Capital Funding, you can use the proceeds for anything you want: remodeling, expanding, promotion and marketing, hiring - you name it, the cash is yours.

With a business cash advance, there is no monthly minimum payment, either. You sell a portion of your future credit card transactions for cash up front. As your transactions come in, a small portion is redirected to pay the business cash advance back to Rapid Capital Funding. The rest is returned to you. Your monthly payment depends upon the transactions you process. When business is good, your advance is repaid faster; when things slow down, so does your rate of repayment.

Few small business loan alternatives make as much sense as a merchant cash advance from Rapid Capital Funding does. Contact Rapid Capital Funding today and see what a business cash advance can do for you.

Photo Credit: Manuel Bartuel, via Flickr

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