Restaurant Financing Line of Credit
Have you every worked with a lender that just didn’t understand your industry but they wanted to give you capital. Many businesses in the restaurant industry deal with the “a-round-peg-in-a-square-hole” financing scenario. Were excited to introduce a loan program specifically for the restaurant industry with terms that can allow you to maximize your growth without putting a strain on your cash flow.
Approval Amount | $5,000 – $750,000 |
Credit Quality | 550+ |
Monthly Sales | 15K per month NO NFS in past 6 months |
Terms | Up to 3 years (Can be extended) Rates: Low as 4% |
Payback Schedule | Client determines (Weekly, Bi-Weekly, Monthly) |
Line of Credit
Gives you access to loan drafts that draw down over a 6 month period. You only pay for what you drawl down.
Flex Pay Loan:
Allows you to defer up to 50% of your loan principal into the future, resulting in the lower payments.