How do Restaurant Loans Work?

From beginning to end, restaurant loans are fast, easy and convenient.

Application

To apply for a restaurant loan, simply complete a two-page application. Send us that application with the last four months of your merchant statements, a copy of your business lease, a voided business check and a copy of your driver’s license.

Review and Approval

As soon as you submit your application, we will begin the review process. In 48 hours, your funding specialist will contact you and let you know if you have been approved. If you have been approved, your funding specialist will go over all of the numbers with you and answer any and all of your questions.

Funding

We can wire your business cash into the account of your choice in as little as five business days. With us, you have the opportunity to receive up to $500,000 in business cash, depending your business’s average monthly credit card sales processing amount.

Repayment

Your customers’ credit card purchases pay for your restaurant cash advance. Every time one of your customers swipes his/her credit cards to pay for a product or service offered through your business, a small percentage from that sale goes toward repaying your business cash advance. Typically, restaurant cash advances are repaid in six to eight months.

Renewal

Renew your cash advance every three to four months. For renewals, no applications are required and we can fund you in as little as 48 hours.

There is also no cap on renewals, you can renew as many times as you wish. Our goal is to make business cash readily available and easily accessible for you.