Restaurant FundingApproximately 1 million U.S. restaurants contribute to more than $709 billion in restaurant industry sales. As America’s appetite for dining establishments grows, restaurant business owners need to consider their existing and future infrastructure needs to serve up satisfaction that keeps patrons walking in the door.
Whether expanding the dining room, opening a second restaurant, upgrading back-of-the-house equipment, refreshing a brand with new marketing materials, or hiring additional staff, access to business capital opens up all types of exciting possibilities. A Merchant Cash Advance (MCA) from Knight Capital Funding might be the ticket to gaining that access.
Why Pursue An MCA?Whether you’re coordinating staff schedules or ordering ingredients, Knight Capital Funding understands the demands on any restaurant owner’s time. That’s why we’ve simplified the process of requesting and securing quick capital easily through an MCA.
Cash advances allow you to sell future revenue for an immediate, lump-sum payment. Our funding specialists work with you to apply a predetermined amount from customer credit card transactions as payment for the cash advance. Unlike a loan, accessing working capital with an MCA doesn’t involve borrowing money.
What Are The MCA Qualifications?While banks and lenders weigh personal credit strongly in loan decisions, Knight Capital Funding believes in examining the future growth potential of your business.
Besides earnings potential, our funding specialists consider whether your business has been open for a minimum of six months and earns at least $10,000 in revenue per month.
We’re happy to talk to you about whether an MCA makes sense for your restaurant, so reach out today. Just complete the contact form on this page.