Our Restaurant Advance Options

Starter Advance

If you've applied for an advance in the past and you were declined due to reasons such as low processing, change in ownership, low credit score, etc. a starter advance could be your second chance.

We can make a small advance available to you (up to $7,000) no credit check required. As you repay the starter advance (through a small percentage of your business's daily credit card sales) you will build up your credit with us. Once the advance is repaid, you will qualify for a renewal, with the opportunity to receive a larger advance with each renewal.

Starter advance requirements include:
• Must own a retail and/or service-oriented business
• Business must process credit card sales

Standard Cash Advance

Our standard cash advance is the most commonly used advance. We provide restaurant owners with up to $500,000 for their businesses. Less-than-perfect credit scores and no collateral are not problems and there are no restrictions on how the funds can be used. The funds are completely unsecured, the requirements are minimal, the repayments are flexible and you can renew every three to four months.

Standard advance requirements include:
• No unresolved bankruptcies
• Owned business for at least six months
• Business processes a minimum of $3,500 in monthly credit card sales
• Business has at least 9 months remaining on lease

Premium Cash Advance

Restaurant owners who meet specific requirements can qualify for a premium cash advance and receive the lowest rates in the industry, as well as loan terms of up to 12 months.

Premium advances are repaid through a small percentage of your business's daily credit card sales (just like starter and standard advances) and they can also be renewed approximately every three to four months.

Premium advance requirements include:
• Qualify for $50,000 advance
• 650 credit score or higher
• Owned business for at least 2 years
• No unresolved bankruptcies
• Business has at least one year remaining on lease