Restaurants and Food Service Funding
From fast casual to full-service dining, restaurants are one of the most active segments in alternative business funding. High card volume, seasonal swings, and tight margins make MCAs and lines of credit common tools.
Best Funding Options for Restaurants and Food Service
Merchant Cash Advance
- Based on future revenue
- No collateral needed
- Fast approval
Business Line of Credit
- Revolving credit
- Pay interest only
- Funds when needed
Common Funding Needs for Restaurants and Food Service
Equipment repairs
Inventory and food costs
Staff payroll during slow seasons
Renovations
New location build-out
Average advance size for Restaurants and Food Service: $75,000
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