Restaurant funding is not so easy for restaurateurs, but a financial loan consultant can be more helpful to you then someone that offers only a merchant cash advance.
The restaurant industry suffers from getting additional financing when they are already open. Fortunately due to a new alternative of a unsecured small business loan, it is now possible to either get immediate funding or prepare for it.
On top of the very poor economic climate due to the mortgage crisis, anyone thinking of getting restaurant funding in any where between California and New York, opening a restaurant or already operating a restaurant has to deal now with the recession, consumer spending lowered, banks not lending out money even to those with great credit.
If you do not need financing at this moment for your food dining business, prepare for it by educating yourself especially on this type of financing that does not require collateral 개인회생자대출 to get funded, so that when you need it, you are not caught off guard with what it is and what it is not!
There are some alternative business funding options, but need to know where to find them. A mortgage broker is not the place to go and for business financing, OK for real estate financing but not the right emergency source since he or she can only help if you own real estate.
You need to go to someone whom has contacts with a wide range of money lending sources. You need to go to a Loan Broker or Financial Loan Consultant (same thing) who can provide you with full service alternative business financing solutions.
They differ substantially from a mortgage broker! The mortgage brokers only do mortgage loans no help to you since they do not have contacts for insider money lending sources that lend to business owners, a loan broker financial loan consultant is a 1 stop shop for alternative money lending sources.
A financial loan consultant can help save you time, when you have a need for a time sensitive situation that requires very fast no hassle financing.They have many different money lending sources, from companies to private individuals that will lend their money for time sensitive deals at a higher interest, a premium to you for his money because he or she can deliver you the money quickly and hassle free no long applications to fill out or long waiting time to get your money, you can get funded in some cases in 24 hours.
Some Examples of Funding Sources
1) Foreclosure bailout lenders if you own the property where your restaurant is located
2) Business cash advance companies
3) Equipment sales-leaseback on your restaurant equipment
4) Restaurant equipment leasing companies
4) Mortgage note buyers will buy your mortgage note
5) Hard money lenders will lend in 3-14 days based on property assets
6) Have another business which has accounts receivables look into factoring
Seek out full service loan consultants that have access to a wide array of restaurant funding sources that will do emergency funding in California.