Restaurant Loans

The restaurant business is one of the toughest and most rewarding ones out there. Every day people are turning their passion and interest for food and hospitality into viable businesses and a livelihood.

Restaurant owners are a unique group. Fun, tough and not afraid to roll up their sleeves and get dirty. They have to be that way. The hours in the business are long, often times requiring seven days a week with nights and weekends. Employee turnover is high and finding good, honest, committed people who will represent you the right way and do a great job serving clients is hard.

What it takes to win customers

We hear how customers are won or lost in the business.  Being smart and getting them in the door is just the beginning. As you know, food and beverage quality, service, décor and overall value are all central to making the customer happy and getting them to come back.  Differentiating yourself and establishing a presence are also vital. Depending on how competitive your neighborhood is there may not be much room for mistakes.  The failure rates of new restaurant are among the highest of almost any business group.

Access to Funding

Business owners who manage restaurants have a unique set of cash flow needs. Some need working capital to stabilize the business while others want growth capital to invest in things like a remodel or new equipment.  Smart restaurant owners understand the need for consistent, reliable fund and how important it is to have a professional financing partnership.

Typically, restaurant owners need financing for:

• Remodel
• Expanding current space
• Opening additional location
• Marketing and Advertising
• Adding employees
• Buying inventory
• Upgrading POS Systems
• Working Capital