Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Qualify for a restaurant loan with Visa/Mastercard

By Mathias Scott Subscribe to RSS | May 14th 2012 | Views:
loading
 
  



The restaurant business is a tough one considering the kind of competition one has. Being able to raise funds when needed fast, is often a necessity. But if you are a restaurant business with a bad credit history then getting a commercial restaurant loan can be rather tough for you. But if you accept Visa or Mastercard at your establishment, then there is still some hope for you. Accepting these two popular forms of payment instantly gives you eligibility for a business cash advance. This is a lumpsum that is given to you based on future sales. The repayment is done on a pre-determined percentage basis making things rather easy for you.

Acquiring such a loan is rather simple. You need to fill out an online application and submit documents that give an overview of your credit card returns on a monthly basis. You should be able to clock in around $5000 in terms of payments made. You will also need to have been in business for a minimum of nine months. Business cash advances are not considered loans by the lenders, rather they are looked at as business deals. It is viewed as you buying a part of your future sales and making a repayment as and when you get the money in.

When compared to a commercial loan, it works out much easier for you. There is no restriction on how you can use the money. The time frame in which you receive it is much faster than it would take for a commercial loan to come through. The repayment is based on a pre-determined percentage of your sales each month. You are also given a flexible time frame ranging from six months to a year to clear the loan. Should you feel you need more time, then this can be discussed. Additionally if you manage to clear half your loan without a delay, you will be able to qualify for a top up amount and an extension on the repayment time frame. This gives you much more flexibility in your use of the money.

Such loans are increasingly becoming popular and have opened the doors for several businesses that have been floundering. Often a great deal of potential is lost when a restaurant is unable to finance itself in the initial few months of its existence. Such quick loans can be just the shot in the arm that you need.

Mathias Scott - About Author:
Welcome to Next Level Funding, We are the Restaurant Loan providers. NLF specializes in providing unsecured business cash advances to small business owners. The cash will be directly deposit into your bank account with in 24 hours. Our funding ranges from $5,000 to $250,000. We believe in your future. And we invest in it.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/loans-articles/qualify-for-a-restaurant-loan-with-visa-mastercard.htm

Related Loans Articles Subscribe to RSS

Fast cash loan today- Cash advance available with 24 hours loan service
Published by Thoms Stuart on July 17th 2012 | Loans
In order to avoid any kind of financial trauma, it is better for you to avail fast cash loan today. ...
 
Loans in minutes- Get instant funds with these loan services
Published by Adam Felix on July 4th 2012 | Loans
If you are acquiring instant funds via loans in minutes, you can also easily overcome unexpected fis...
 
Emergency cash loan bad credit- Resolve financial emergencies now!
Published by Thomas Symends on May 26th 2012 | Loans
By acquiring instant funds via emergency cash loan bad credit, you can immediately fight unpredicted...
 
500 cash payday loan- Useful loan with easy repayment option
Published by Georgia Bart on December 6th 2011 | Loans
With 500 cash payday loan, you can obtain fund of $500 to overcome small cash crisis with ease....
 
Fast loan online- Quickly solve your financial hurdles
Published by Thomas Symends on July 17th 2012 | Loans
By taking quick funds via fast loan online, you have the right option to meet cash worries with ease...
 
Faxless payday advance- Convenient loan available with low interest rates
Published by Andrew Stomes on May 10th 2012 | Loans
By availing instant funds via faxless payday advance, you will achieve fiscal emergencies without an...
 
Quick Loans No Credit Check- Get loan with your unfavorable credit profile
Published by Freedy Cort on December 6th 2011 | Loans
Under Quick Loans No Credit Check scheme, you will get sufficient amount of fund to overcome short-t...
 
Quick loans for people with bad credit- Valuable loan for bad credit people
Published by Aldenn James on May 14th 2012 | Loans
With quick approval of quick loans for people with bad credit, you will get instant funds up to $150...
 
Money loans with bad credit- Feasible loan made for you!
Published by Vikon Nail on June 1st 2012 | Loans
By taking quick cash from money loans with bad credit, you have the provision to utilize money in ma...
 
6 month loan no credit check- Easiest way to use money for long time
Published by Aldis Roy on July 10th 2012 | Loans
If you are obtaining quick money from 6 month loan no credit check, you can easily meet unexpected f...
 
24 hour loan - Tackle unexpected financial needs now!
Published by Alex Abigil on May 17th 2012 | Loans
By availing quick cash from 24 hour loan, you have the provision to meet quick financial hurdles wit...
 
Check into cash payday loans- the best loan deal for tough times
Published by Riyt Leson on July 24th 2012 | Loans
By taking quick funds via check into cash payday loans, you can easily get rid of any kind of financ...
 
Collateral loan – a means to ease out fund problems
Published by Malcom Baker on August 25th 2012 | Loans
At times, most of us require small funds urgently to tide over a difficult situation. If you approac...
 
Salary advance loan: Rewarding Option of Money
Published by Gamin Kils on June 15th 2012 | Loans
Salary advance loan is really an amazing cash support for you, which can be enjoyed without any toug...
 
The interest rate for a car loan can differ
Published by Amber Dorsch on January 24th 2012 | Loans
It is always better to look around before getting a car loan as sometime your neighboring locations ...
 
90 day loan- Unique financial help for US residents
Published by Thoms Stuart on May 25th 2012 | Loans
By availing quick cash through 90 day loan, it is possible for you to overcome financial emergencies...
 
Payday advance- Get instant approval of loan along with quick money
Published by Jelsan Smith on June 4th 2012 | Loans
If you have taken payday advance scheme, you have right option to fight against cash worries....
 
Getting a quick and helpful payday loan
Published by Payday Loan on April 11th 2012 | Loans
If you wish to be aided by the payday loans, take the help of Payday Advance for complete assistanc...
 
1 month loan: Quench your Thirst of Finance Easily
Published by Jaken Smeth on July 24th 2012 | Loans
If you are willing to quench your thirst of borrowing money fast, 1 month loan is ready to assist yo...
 
90 day loan no credit check- Ideal choice of financial plan for you!
Published by Alesia Ace on May 31st 2012 | Loans
If you have availed instant funds via 90 day loan no credit check scheme, you may fight against any ...