GoKapital only requires 4 months of operations and a minimum monthly average of $20,000 in business revenue.
Restaurant businesses can experience seasonal ups and downs. That’s why many owners rely on our restaurant loans to keep their ventures running all year.
Speak to one of our representatives today by calling 866-257-2973. We can help you gather all the insights to understand your financial situation and goals, and we can suggest the best funding plan for your restaurant.
Types of Restaurant Business Funding:
Restaurant equipment loans
Unsecured working capital loans
Almost every restaurant at some point will require an unsecured working capital loan. They are short-term loans that assist restaurant owners in taking care of expenses and operating their business smoothly. Working capital loans enable restaurant owners to access fast loans for restaurants that aren’t too huge. The maximum loan amount for such loans is mostly $350,000.
Restaurant loans with bad credit
Lines of Credit
Restaurant owners can testify on how costly it is to cover food costs. If you need to finance inventory purchases for your restaurant business, consider inventory financing. It can be in different forms: short-term, medium-term, or a line of credit. Inventory financing is for the specific purpose of purchasing stock for your business.
Why does the restaurant need the money?
- When does the restaurant need the money?
- Has the business explored all the available options?
Consider if your business is ready to apply for the loan
Your restaurant can be successful depending on how you operate it. You can take advantage of our business loans to adopt emerging technological trends like marketing and social media. The variety of financing options could help your business to grow.
Where can I get a business loan for my restaurant?
Restaurant owners have had trouble getting financing for their businesses. Most restaurant businesses fail due to a lack of working capital and cash flow. Clearly, there has to be a solution to the restaurant financing problem to enable restaurant owners to access working capital easily.
The best part is that lending institutions such as Gokapital, are now offering restaurant business loans, which makes business owners obtain financing quickly.