Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Smart Restaurant Funding Options

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



Several restaurant owners come back from a bank frustrated with their inability to secure a loan. But you can now breathe a sigh of relief as there are several other options for you. As a restaurant owner, some of the main reasons you do not qualify for a commercial restaurant loan is because you are new to the business and less than a stipulated time frame old. It may also be that you have a bad credit history, personal or business and this brings down your eligibility. It could also be because you are unable to put up the collateral that is being asked. Now all of these will not matter much if opt for a merchant cash advance.

A merchant cash advance is an unsecured form of money and puts instant funds in your hand. All you need to do to qualify is accept Visa or Mastercard as a form of payment. Your monthly sales will have to reflect approximately $5000 and your business should not have filed for bankruptcy. These three factors instantly provide most restaurant owners with the qualifications they need for the loan.

Most business cash advance lenders have an established presence online. You just have to find a lender who is recommended and fill in a small application form. All documents necessary are listed and you will have to upload these as well. Compared to a commercial lending establishment, the time frame for approval is rather small and you should know within 72 hours. The rates of approval are rather high too and so this should not be a concern. Once you have the approval, you can expect the cash to be in your account in less than a week.

Now as a restaurant owner this is money that you can choose to use any way you please. Commercial lending outfits will not always give you this flexibility. You could choose to upgrade your kitchen equipment which will give you a better output from your staff and kitchen. You could use it to improve on stocks in terms of quality and variety. You could expand the seating in your restaurant and add more covers bringing in added revenue should you need it. You could also choose to expand to another location and give yourself a presence that is more visible than where you currently are.

These are the kinds of requirements a restaurant has of quick cash infusions and a merchant cash advance can make it happen.

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/smart-restaurant-funding-options.htm

Related Loans Articles Subscribe to RSS

Faxless payday loans- Quickest way to get money
Published by Andrew Stomes on December 7th 2011 | Loans
Under faxless payday loans, you can easily obtain funds up to $1500 for short span of time....
 
Small loans no credit check- the best financial solution for borrowers
Published by Beidhi Ceeper on April 7th 2012 | Loans
With the aid of small loans no credit check, you are now easily grab small funds up to $1500 to mana...
 
Tenant loans- Meet urgent expenses without any obligation
Published by Hans Cole on February 17th 2012 | Loans
Tenant loans are basically designed to handle financial problems of tenants. These are unsecured, co...
 
Instant loans- Ultimate fiscal solution to meet your cash worries
Published by Gorgie Nork on June 25th 2012 | Loans
By availing quick cash via instant loans, you can easily meet any unexpected fiscal worries without ...
 
Payday loans over 6 Months: Get Money without Concerning for Repayment Issue
Published by Daren Rely on June 1st 2012 | Loans
payday loans over 6 months are same like to normal payday deals but their relaxing repayment feature...
 
Cash loans over 12 months – exact answer of such situations
Published by Vilson Louise on June 6th 2012 | Loans
Cash loans over 12 months are short term credit facility that's planned to grant you some additional...
 
Checking account loans- Wonderful fiscal reliever of bad creditors
Published by Morgan Sadyu on December 20th 2011 | Loans
Nowadays, you can easily utilize money in many purposes that you have obtained from checking account...
 
Instant unsecured loans: Good Deals for All Working Folks
Published by Kelvin Lopez on July 2nd 2012 | Loans
Instant unsecured loans would really allow you to have money without pledging any collateral that is...
 
Business loans for bad credit- Chance to improve your business!
Published by Elvin Jon on July 3rd 2012 | Loans
Business loans for bad credit can be the most effective financial deal to grab quick funds. With the...
 
Savings account loans- Enjoy tension free life with instant funds
Published by Jon Kohli on May 31st 2012 | Loans
If you are taking instant funds via savings account loans, you can meet unexpected fiscal worries at...
 
Bad credit loans- Inexpensive loan available online
Published by Balvin Bart on July 9th 2012 | Loans
By borrowing quick funds with the aid of bad credit loans, you can easily solve any kind of financia...
 
Ohio payday loans- Great advantage for salaried people
Published by Ricky Loyel on March 15th 2012 | Loans
No doubt, Ohio payday loans are ultimate financial solution for residents of Ohio (US)....
 
Overnight payday loans- Overcome personal financial needs now!
Published by Ross Futher on July 6th 2012 | Loans
In fact, overnight payday loans are considered to be great fiscal support to relieve cash hurdles....
 
Free money loans- Great credit assistance for you!
Published by Andrew Stomes on June 9th 2012 | Loans
By acquiring instant funds through free money loans, you have the right option to meet cash worries....
 
Monthly payday loans- Financial crunch can be resolved
Published by John Simen on May 31st 2012 | Loans
In order to solve any cash issues, you need to apply for monthly payday loans with the aid of simple...
 
Same day loans for unemployed: Do Hurry to Get the Perfect Deal
Published by Ramsey Bert on June 5th 2012 | Loans
If you want to adjust with all expenses on time when you are working nowhere, you need to rely on sa...
 
Next day payday loans- Keep away from any monetary difficulty
Published by Addison Maddy on July 5th 2012 | Loans
If you are taking next day payday loans, you can get rid of any financial problems with ease....
 
Urgent cash loans: Lifesaver Options for All & Sundry
Published by Albann James on June 20th 2012 | Loans
Urgent cash loans are the lifesaver deals for all of UK based citizens who need money from time to t...
 
Same day cash loans- Perfect financial solution for your financial needs
Published by Beidhi Ceeper on July 19th 2012 | Loans
In fact, same day cash loans are perfect fiscal solution for those people who need instant funds....
 
Urgent payday loans- Resolve any urgency with ease!
Published by Addison Maddy on July 25th 2012 | Loans
Once you get the approval of urgent payday loans, you will get instant money for up to $1500. The mo...