Opening A Restaurant
And Not Sure How To Get Extra Working Capital Financing
Opening a restaurant and need another restaurant loan and banks are telling you “No”? If you are, we say “yes” when others tell you “no”.
small business startup unsecured loans
New Restaurant Financing Options For You If You Are Opening A Restaurant
If you would like to open a restaurant you will be faced with the fact that the money lending industry, composed of traditional financial institutions like your local neighborhood banks do not like lending to new restaurant business start ups.
Fortunately, there are some finance companies that love to lend money to new restaurant owners, and actually do small business startup unsecured loans, unlike traditional banks that do not like to lend to them or do not do unsecured business loans.
Great news if you are ready to open your doors in 30-120 days or more and need additional working capital financing. If by chance you are opening a restaurant franchise, and already got financing but still are in need of additional cash flow financing, smile because you also qualify as a new restaurant to apply for a business cash advance, which you will get upon 2-3 days from opening your restauarant.
Seeking more funds for general contractors that do franchise restaurant construction or more money to cover any unexpected constructions costs that were under estimated and must be paid before or immediately after your grand opening of your restaurant ?
Our new exciting restaurant financial niche product for new restaurant owners, not only provides you with access up to $50k additional funding but because you are a franchise, you may qualify for actually more cash, just ask me when you contact me concerning this. Call now 718-512-8587 to find out right away or email me at nycrei@hotmail.com for any questions or more information.
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No matter whether your new restaurant is located in new york city, or some where else in the united states, my new money lending source can handle national restaurant funding!
AdvanceMe, Inc in my opinion, as a financial loan consultant, has created one of the most unique, new, exciting alternative financial product. The restaurant - hospitality industry, unlike other new small businesses have a much more difficult time getting a traditional business loan from a traditional lending source such as your local savings bank, sba backed loans!
Why Do Traditional Lenders Hate To Do Restaurant Loans
The reason it is so difficult, is that traditional lenders look at restaurant loans as a higher risk loan, and alot of banks just will not do them for a new startup restaurant period. As a result those whom are thinking about starting a restaurant business, and those that actually take action to open a restaurant, find it very difficult to get a loan.
True or False ? - 9 out of 10 new restaurants fail in the first year! ( 90% Failure Rate )
Answer: - False
What is interesting is that many banks will not do restaurant loans and when you ask these bank loan officers why they do not do restaurant loans, they just say say we don’t do restaurant loans and the restaurant failure rate is just to high, they are just to risky and fail to often. When you ask where do get their statistics from, they can not support their claim.
The restaurant failure rate for new startup restaurants are inaccurate, based on research from those whom took a stand and interest in finding out where do these supposedly… :>( … very smart bankers get their data when they turn you down for a loan.
If you are one of those new startups that believes this restaurant failure rate myth, take a relax pill, take a stress chill pill, easy does it, in other words… RELAX ! There is nothing to support this 90% restaurant failure rate, on the contrary there is data that contradicts this alarming failure rate, and states the success rate is actually higher!
Where Can You Go When You Need More Money Before You Open Your Restaurant
Problem:
Traditional lending sources just hate doing restaurant loans, and now even further! This year 2008 with the mortgage crisis, credit crunch, foreclosure crisis just does not make things easier, in fact complicates and aggravates the already bad restaurant money lending arena. Banks are doing less personal, home, construction, business loans period.
They are rejecting a lot of loans even those with great credit, what this means if you need extra additional restaurant financing before you open up, it will be even more difficult period.
Solution:
Contact me I am a independent agent for AdvanceMe, INc a direct merchant cash advance financing company who steps in and says “Yes” when others are telling you “No”, especially now, when our country is facing one of the highest foreclosure rates ever in the history of the united states. When other traditional money lending sources are turning and rejecting all types of loans, AdvanceMe, Inc is stepping up to the plate providing financing to new restaurant owners like yourself.
As a financial loan consultant, I am on the constant lookout for new additional money lending sources, when I came across this financial product it blew me away. So of course I added it to my money lending sources portfolio of alternate small business funding products. This is what I do, I seek out creative alternative money lending sources and match them with those that run into a road block with business financing.
If this niche product fills your need, but falls short of what you wish to receive then just bring it to my attention again, and I will go back to drawing table and seek out additional alternative financing.
This is where dealing with me, a financial loan consultant, gives you more alternative financing sources as opposed to dealing with any Merchant Cash Advance Agent that represents any other business cash advance company, they can only offer you that one financial product, I can offer you additional financing options, to possibly pick up the slack where the cash advance for small business companies cannot deliver !
Know someone a friend, a relative, a total stranger you met at a restaurant convention whom is having a challenge with financing, tell him or her to call me at 718-512-8587 or to visit my site for a Free Consultation!
Qualifications Are Easy | Restaurant Financing Quick: Who Qualifies ?
- Are you opening a restaurant in 30-90 days
- Do you have a restaurant liquor license
- Is your merchant account provider one of our approved partners! Call me now to find out: 718-512-8587 or Email me nycrei@hotmail.com
- Is your restaurant located in new york or some where in the U.S.
If you answered “Yes” to the 4 questions above, congratulations, you can now take the next step… apply now business financing application or Call Now: 718 512-8587
This recently created financial product is being offered as alternative financing for new restaurants that are opening soon and is also geared for women seeking special unique programs involving small business financing for women.
This type of alternate funding may be for you:
- If you just want extra cash, working capital laying around
- If you are seeking additional restaurant funding to cover any unexpected construction related costs and expenses not accounted for. This happens from time to time!
- If you are turned down by multiple traditional business finnacing sources and have run into a road block
- If you want to be a little more prepared for any emergencies that requires additional working capital reserves for that rainy day.
- If you are feeling concerned about the recession and that you are opening a restaurant when consumers are holding on to their money more today and not spending as much, and would like to have some reserves to carry you over while this economy picks up again and consumer confidence spending. If and when this recession subsides, this type of alternative has it’s creative uses, just learn how to benefit from it rather then get trouble with it! Use it wisely and you can use it again to profit from it!
Where Can You Go To Research More About This Restaurant Failure Myth
There are 2 interesting write ups and links below, you may wish to follow the links and review what I found that does not support this restaurant failure myth: ( But first please bookmark me right now or print me out for future reference )
* Restaurant Failure Rates Recounted: Where Do They Get Those Numbers!
NOTE: We do not rent or sell any information to any 3rd party. All information acquired on this application is used only for the purpose of approving your business financing application.
Your solution to additional restaurant financing, when you are opening a restaurant and you require additional cash for any worthwhile purpose.