Many times business owners run over budget in the final stages of opening. The funds allocated to service properly the marketing and advertisement of the business get used to open the doors rather than support the successful start up of the business. We can provide you with the capital needed to ensure your restaurant is successfully funded.
If you are seeking working capital to help your business get started or just want additional reserves NRF powered through Buisness Growth Capital offers special funds. Funding amounts starting from $15,000 and $500,000 depending on your situation.Consider these features,
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No Personal Guaranty Required
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No Collateral Needed
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No Application, Commitment Fees or Closing Costs
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90% of Applications Submitted are Approved
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Fast, Easy Application
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Discretionary Use of Funds
Special Funding Program
As a new business obtaining loans or financing is a great challenge. Banks or lending companies typically won't work with you and leveraging resources like your home or other assets have almost become impossible. So where do you turn? Adding a partner? If this isn't an option then you should consider New Restaurant Financing as a "Rent a Partner" with our special loan funding program? We provide additional working capital for businesses without telling you how to use it. It is completely discretionary. Equipment, build out, marketing and advertisement, what ever the use you can be assured that the necessary funds are available. We believe in your success and want to be a part of it.
How it Works
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Your location should be under construction or not more than 2 months in operation
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Target Business Locations
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Prior industry experience a positive but other owners will be considered
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We will agree to buy a percentage of your future business discounting it to a cash value upon opening of the location. This is not a loan but an advance on future credit card sales. Each day we will deduct $0.20 on each credit card dollar and allocate it towards the repayment of the outstanding balance until it is completely paid off.
The Requirements
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Application, complete and signed
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Menus for breakfast, lunch and dinner, where applicable
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Full copy of executed property lease and or mortgage
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Full copy of liquor license, where applicable
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Full copy of franchise agreement, where applicable
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Photographs, inside and outside, even if build out is incomplete
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Prior restaurant experience in the form of a simple resume
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Business plan including financial projections preferred but an informal document with business projects may be considered
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Purchase and Sales Agreement if the business or assets were purchased from a Seller, where applicable
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Name and contact info of the attorney or accountant, if any, handling the Purchase and Sale of the business, where applicable
Time Line to Funding
Our services begin at the date of submission an approval will be issued with in 24 hours. Issuance of the terms and conditions given and upon return of the lacking items scheduling of funding 5 days after grand opening of the restaurant.
Getting Started
Call us toll free (800) 807-4079 x 10 to speak to a professional consultant concerning a restaurant finance or restaurant loans or answer any questions you may have or you can complete the resources form below and we will contact you at a time convenient to your schedule.
