New York, NY restaurant business owners listen up! Finding NY based restaurant financing can be a headache, and the last thing you want to worry about in such a fast-paced, competitive industry.
Restaurant businesses are earmarked “high risk” by traditional lenders like banks because of the high up-front costs and low odds of succeeding in the industry. If you’re looking for a small business loan to give you the operating capital you need to buy food, supplies, furniture, rent, utilities, cooks and servers, Business Lending Authority offers a small business loan alternative that can give you restaurant financing with a cash advance in as little as 48 hours.
Restaurant Business Funding : Bad Credit Restaurant Financing New York, NY
Traditional lenders look at your credit and profit statements before offering any sort of restaurant financing, and set the bar extremely high – impossible to meet for most small businesses – for getting approved for restaurant financing. At Business Lending Authority, however, we have a quick, easy application process that can give you restaurant financing with a cash deposit in your bank account in as little as 48 hours. Forget waiting months to hear back from lenders as your restaurant struggles to pay rent, utilities and buy the food and beverages you need to keep customers coming back. Simply fill out the form on the side of this page to begin the application process today, and one of our Business Lending Authority representatives will contact you right away to get you on track for the restaurant financing you need to make your small business a success.
Restaurant Financing Solutions New York, NY
Think about what your restaurant business needs to succeed, and how lack of restaurant financing is holding you back from growing your small business. The restaurant industry is notorious for being competitive, with millions of restaurants opening their doors each year and, statistically, the vast majority of them failing. The top reason for restaurants failing is lack of access to restaurant financing. Being on the front lines of the industry, you understand the high costs of not only starting but maintaining your restaurant. These operating expenses include:
- POS Point of sale
- Food/Beverage Supplies
- Permits and licenses
- Dining Furniture, utensils and more
- Equipment maintenance
Of these costs, many of them are ongoing and you’ll need up-front capital to purchase and maintain them. If you don’t have enough restaurant financing and try to cut corners on food supplies, staff, dining decor, cooks or other staff members, your customer service will suffer, and you’ll lose business. Restaurants rely heavily on word of mouth and if your customers have a bad experience, you’ll not only lose their business but also miss out on a whole network of potential customers who hear about it. Making the best first impression on your diners with top-notch service, high quality food and the best chefs is a necessity to stay competitive in the cut-throat restaurant industry. Restaurant financing is therefore vital to keep your business competitive and thriving.
Restaurant Financing for All Your Small Business Needs
Whether you have a small cafe, a 24-hour diner, a tapas bar or an Italian dinner spot, you can get the restaurant financing you need to make your eatery thrive with a fast cash advance from Business Lending Authority. Here are some of the restaurants we help finance:
- Breakfast cafe
- Coffee shop
- Lunch restaurant
- Buffet restaurant
- Upscale restaurants
- Casual diners
- Ethnic food restaurants
- Franchise restaurants
- Late-night restaurants
- Fast food restaurants
Benefits of Restaurant Financing from Business Lending Authority
Unlike traditional lenders, Business Lending Authority offers ongoing access to restaurant financing without requiring you to repay 100 percent of your initial small business loan first. Banks and traditional lenders that offer restaurant financing take months to approve small business loan applications, and then even if you are finally approved, you have to repay the whole loan before beginning another lengthy loan process. In the meantime, your restaurant will be floundering without access to the operating capital you need. With Business Lending Authority cash advances, on the other hand, you can re-apply after paying back just 70 percent of your original loan. And with our quick application process, you could have the cash you need in your bank account within a few days to restock your food supplies, pay rent or use wherever you need it.
Another benefit of restaurant financing with Business Lending Authority is you can use your unsecured cash advance any way you see fit. You know your restaurant best, and you’re free to put the operating capital to use wherever you need it. With the fast-changing restaurant business, flexibility is key to using your funds most effectively.
How to Get Restaurant Financing from Business Lending Authority
To get the operating capital you need to make your restaurant business a success, simply fill out the Business Lending Authority unsecured cash advance application on the side of this page, and one of our representatives will call you to help walk you through the simple process.
What you need:
- A restaurant business that’s been in operation for at least 6 months. No startups.
- Monthly gross sales of $15,000 or higher.
- To fill out the loan application form on the side of this page.
- To complete a few easy steps that a Business Lending Authority representative will walk you through.
What you don’t need:
- Good credit
- Collateral which you could lose or demands for liens on your property.
- Restrictions on how you use the money you apply for.
- Traditional business loans that take months to obtain, if you pass all the strict requirements
New York, NY restaurant owners Apply Today for Restaurant Financing
Fill out the simple form on the side of this page to get the ball rolling for your restaurant success. Apply now and you could have from $1,000 to $1,000,000 cash advance in your bank account in as little as two days. So forget the traditional – and impossible – route and contact Business Lending Authority today.