How can you help fund my business needs?
We can provide business loans focused on the restaurant/hospitality industry to $500,000.
Another company contacted me about this type of financing, why should I use Restaurant Financial Group,LLC?
We can offer fixed term loans to 18 months for your business with predictable cash flow, and, rates that are based on your credit and time in business. The better your credit, the better the rate you can receive!
How do I know if I qualify?
Contact us for a brief consultation to see if your business qualifies.
What can I use the money for?
Any business Need. Most of our customers use our capital for purchasing new equipment, remodeling, expansion, and inventory.
How soon can I get the money?
Between 7-10 business days on average
Do I need to change credit-card processors?
No. The loan is repaid through fixed weekly ACH.
What is the interest rate/cost?
The interest is tax deductible as this is a loan product. Rates are based on credit, time in business and other factors we review.
Why do you have to review my personal credit?
Reviewing an applicant(s) credit is an integral part of the decision process. We look for candidates who have above a 550 fico score, are current with their trades, mortgage, and, landlord as well as other data underwriting will review.
What qualifies as proof of ownership?
Articles of incorporation, board-meeting minutes, a corporate tax return or a business license showing the guarantor’s name as an owner are all great proofs of ownership.
How often are payments deducted?
Once a week over 6-18 months.
What do you mean by gross sales?
Gross sales refers to your total receipts from all sources, including cash, credit cards, debit cards and checks. We verify this through a review of your bank statement deposits. We review your total deposit sales.
How do I get started?
Contact us through our "Apply Now" feature online or call us @ 1-866-794-4726 |