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Restaurant Loans - A Merchant Cash Advance Is An Alternative To A Restaurant Loan
If you are a restaurant owner, you know restaurant loans are hard to come by. Banks can decline as many as 90% of restaurant loan applications that they receive. To receive restaurant financing, most banks require you also to be in business several years and require you to have physical assets to secure to receive working capital.
Did you know there is a new alternative way to receive working capital for your restaurant or retail business? Most businesses don't realize they have a hidden asset they can receive funds against, their future Visa and Mastercard sales from their customers. Unlike a bank, a business cash advance program has a 90% approval rate for qualified applicants. You only need to be in business for 60 days to qualify. Visit AmeriMerchant to request more information on how your restaurant or retail business can receive up to $175,000 in working capital against its future Visa/Mastercard sales from its customers in as little as 7 business days.
Restaurant Loans and Business Cash Advance Comparison
Below is a comparison chart that will highlight the differences between the two:
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A 90%
approval rate on working capital cash advance
requests
|
Reject
most restaurant loan requests
|
Approval
on average of 24-72 hours once all paperwork is submitted
|
Approval
on average 1-4 weeks once all paperwork is
submitted
|
Funding
typically available in 7 days or less
|
Funding
typically available in 4-8 weeks
|
No fixed
monthly payment to worry about. We take a % of your future credit card
sales until we are paid back. We only get paid when you get paid by your
customers. Therefore, if you have a slow month, your payback to us slows
down.
|
Typically
have a fixed monthly payment. Failure to make this payment can result in a
default of a bank loan. Payments DO NOT slow down if you have a slow
month.
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To learn how your restaurant or retail business can get up to $175,000 in working capital against its future Visa/Mastercard sales from your customers, visit AmeriMerchant!
Business Cash Advance Information Request Links
AmeriMerchant can provide your restaurant or retail business up to $175,000 in working capital against its future Visa/Mastercard sales from your customers. We have a 90% approval rate and funds are typically available in 7 days or less.
* Note: This is a business cash advance and not a loan product