Restaurant Loans: Financing for restaurant owners.
A restaurant loan is a special category of loans and AmeriMerchant is a leader in providing working capital to restaurant owners. If your restaurant needs a loan for any reason, you can take advantage of our restaurant loan program. AmeriMerchant has helped many restaurants and small businesses to achieve their financing goals. We have an impressive roster of restaurants and other small businesses that have benefited from our business cash advance program.
AmeriMerchant Capital Solutions has a business cash advance program that can provide your restaurant with a loan against its future credit card (Visa/MasterCard) sales from your customers.
Our Business cash advance program for restaurant owners offers:
· 90% Approval Rate (your restaurant must be current with your landlord and have no open bankruptcies)
· Funds typically available in 7 days or less
· Up to $150,000 per location (the amount we can advance for your restaurant is based on how much monthly Visa/Master Card sales you do each month.)
· Depending on your restaurant type and size, we can typically advance you up to 20% - 30% more than your business' monthly processing average.
· You are free to use the funds however you choose.
· Receive 1,000 Delta Sky Miles for each $10,000 that you receive from us.
Restaurant Cash Advance Program Requirements: To be eligible for cash advance for your restaurant:
· You must process at least $4,000/month in Visa/Master Card for at least a period of 60 days.
· You must be current with your landlord (we do perform a landlord verification call)
· You can not have any open bankruptcies in the last 12 months
The funds from the business cash advance program is not a loan. It is an advance against Visa and Master Card merchant account receipts. It is repaid through the merchant account itself.
