MERCHANT GROWTH INDUSTRY
Options for Financing a Restaurant, Bar, Bistro,or Cafe
Flexible Financing for Restaurant Owners
Merchant Growth’s restaurant financing options are versatile tools that owners can leverage for access to capital when they need it most.
Whether your run a restaurant, bar, pub, bakery, café, ice cream parlour, bistro, or other food business, our restaurant financing options can help. With our Term Financing or Line of Credit you can stock up on inventory, hire seasonal staff, create a new menu, or replace aging restaurant equipment, and then make daily or weekly repayments.
How Quick Restaurant Financing Helps
The restaurant industry is known for razor-thin margins and high turnover, which is why credit unions and other financial institutions are reluctant to offer financing to these small businesses, even if they have a track record of success.
When a restaurant needs a business line of credit, or small business loan, banks often impose strict eligibility criteria, such as high personal credit score requirements, which can put these types of business loans out of reach for many business owners.
Merchant Growth understands the needs of businesses in the restaurant industry, which is why we provide a Fixed Financing Solution, similar to term loans, as well as a Business Line of Credit which gives you the freedom to access capital when you need it, repay it when you want to, and borrow again.
Once your restaurant business qualifies for capital from Merchant Growth it can be used for a number of purposes, including:
- Sourcing higher-quality ingredients
- Hiring seasonal employees
- Increasing your inventory
- Purchasing commercial kitchen equipment, furniture, cutlery, dishes
Small business funding minimum requirements
Merchant Growth offers small business funding options with minimum eligibility requirements:
Location
Canada
Monthly Revenue
$ 10K
Time in Business
6 months
How Does It Work?
STEP 1
Complete Application
You can choose to give some details either through the online application or over the phone, and it will only take you 5 minutes.
STEP 2
Review Options
Our team will reach out and work with you to determine the best solution.
STEP 3
Get Funds
Receive your funds in as fast as 24hrs after approval.
Get Started Today
Complete our online application and we’ll contact you to present financing options tailored to your business needs.