Restaurant Funding Solutions
As a restaurant business owner you have large overhead expenses like equipment, raw materials, staff, and real estate. Having capital is key to meet growing demand for products and fuel business growth. This is where we can help!
Securing the funding for your restaurant or bar from a bank, can be difficult. Conventional lenders often consider restaurants to be “high risk” due to industry high failure rate. About 60% of restaurants fail in their first year of operation, and 80% fail within 5 years of opening. As such applying for a loan from a bank for your restaurant can be a lengthy process with no guarantee of approval. With Cap2All you can be approved with 24-48 hours.
Apply for Restaurant Business Funding
Applying for Restaurant business funding is fast and easy. With $100,000 in annual sales and 3 months in business, the process is simple:
1
Apply
Complete our simple
one-page funding application.
Submitt
Submit your application along with 3 months of bank statements.
2
3
Choose & Fund
Choose your approved funding option and receive it within 24 hours.
Why Cap2All?
When considering the needs of your restaurant or bar, you want a lender who has worked with businesses like yours before. At Cap2All, we understand that securing financing for a restaurant can be difficult. As a restaurant owner, you sometimes have seasonal fluctuations, emergencies and unexpected expenses. Business funding from Cap2All Can help address these issues. With a simple one-page application process and our high approval rate, you can have the money you need to cover any business expense within 24 hours.
Here are 10 common reasons why restaurants and bars may need to obtain working capital.
The manufacturing industry. is one of the key drivers of the U.S. economy. While the opportunities are plenty, most manufacturers come face to face with just as many challenges that require capital to overcome. Cap2All is here to help manufacturing businesses access financing to overcome those challenges, grow, expand, and take advantage of new opportunities. Here are just a few of the challenges we can help you overcome:
Hire Additional Staff
Restaurants and bars need to hire and train staff to provide quality service to customers. Financing can help cover the costs of recruiting, hiring, and training new employees.
Expansion
Successful restaurants and bars may want to expand to new locations or add additional seating or space. This can be a costly endeavor that requires financing. Our restaurant funding solutions could help your expansion projects.
Renovations
Restaurants and bars may need to make renovations or improvements to their physical space in order to remain competitive and attract customers.
Cash Flow
Restaurants and bars often experience fluctuations in cash flow, with slow periods followed by busy ones. A restaurant business cash advance can help manage cash flow during these times.
Marketing & Advertising
In order to attract new customers and retain existing ones, restaurants and bars need to invest in marketing and advertising. This can include social media campaigns, print ads, and other promotional activities.
Equipment
Restaurants and bars require a lot of specialized equipment to operate, such as commercial-grade ovens, refrigerators, and dishwashers. These can be expensive to purchase and may require financing. Our restaurant equipment financing solutions can help.
Unexpected Expenses
Emergencies can happen at any time, and restaurants and bars may need financing to cover unexpected expenses such as equipment repair and maintenan
Debt Consolidation
Restaurants and bars may have existing debt, such as credit card debt or loans, that they want to consolidate into a single loan with a lower interest rate. Our restaurant business funding solutions can help you achieve that.
Seasonal Fluctuations
Many restaurants and bars experience seasonal fluctuations in business, with busy periods followed by slower ones. Financing can help businesses manage their cash flow . With a merchant cash advance you can get the capital you need.
There are several unexpected expenses that your restaurant or bar might face, that we can help you with, including:
Equipment breakdown
Restaurant and bar equipment can break down unexpectedly, such as refrigeration units, stoves, ovens, and dishwashers. The cost of repairing or replacing such equipment can be significant.
Food spoilage
Restaurants and bars must maintain strict inventory management to prevent food spoilage. However, unexpected power outages or equipment malfunctions can lead to spoilage, which can result in significant financial losses.
Employee turnover
High employee turnover can be costly for restaurants and bars. Hiring and training new staff can be expensive, and it can take time for new employees to become productive.
Health inspections
Health inspections can result in unexpected expenses for restaurants and bars. If violations are found, the establishment may need to hire a professional cleaning crew or make repairs to bring the establishment up to code.
Property damage
Accidents can happen in any restaurant or bar, and property damage is one of the most common unexpected expenses. For example, a customer may spill a drink on expensive carpeting, or a car may crash into the building, causing significant damage.
Legal fees
Restaurants and bars can face legal issues, such as lawsuits from customers or employees. Legal fees can add up quickly and can be a significant unexpected expense.
Supply chain disruption
Supply chain disruption can occur due to various reasons, such as natural disasters, strikes, or transportation issues. This can lead to a shortage of ingredients or supplies, which can result in increased costs or lost revenue.