Small Business Loans for Restaurants

There are numerous small business owners who are looking for restaurant business loans and many of them go to banks. Banks are not keen on giving loans to small business owners and the reason for this is because small business are considered to be a high risk investment.

As a private lender, Funding Easily has a completely different approach to providing restaurant financing. Our criteria is different from those of banks, and we do not consider providing restaurant loans to be a high risk activity.

Private funder criteria for small business loans for restaurants;

Our criteria are mentioned here as follows; the business needs to be at least 12 months old and running during that period of time. We do not provide funding to businesses who are not operational. The second criteria is as follows; the business owner should not be in active bankruptcy of any kind at the time of the loan application. Our final criteria is as following; the business income needs to be at least $10 thousand a month or more. These are easy and simple criteria to obtain restaurant funding, and most small business can achieve this easily.

We do not draw our conclusions of the business based on the credit score to provide a business loan for restaurants. On the other hand we actually work with businesses and even fund those whose credit scores are below average, and in the mid-500s. Banks on the other hand will never consider accepting an application whose credit score is less then premium or around about 700ish or over.

Banks also always require collateral and security, to ensure that the loan amount they give is covered and secure. As a private lender, Funding Easily does not require any kind of collateral or security or even personal guarantees to provide business funding for restaurants.

Contact us for more information related to restaurant financing companies and restaurant loans bad credit. Our funding team will assist you with information and also with the application process. Alternately you can also fill in the application form online here by clicking on the ‘get started’ tab.   

Quick and Easy Loans for Restaurants

There are thousands of small businesses such as restaurants who require periodic funding in the form of restaurant business loans. Most small business owners are unaware of the policies of banks when they approach the bank looking for restaurant financing. Typically, banks are not keen on providing funding to small businesses because these are considered to be high risk investments.

As a private lender, Funding Easily provides small business loans to restaurants and our criteria are very different from that of banks. Banks require a high credit score as the first criteria for restaurant funding or any other kind of small business loans.

Our criteria are very different from those of banks, and are as mentioned here as follows; The business owner should not be in any form of bankruptcy during the application or the restaurant loans process. The restaurant needs to be at least 12 months old and a running business. Finally, the gross income of the business every month should be at least $10 thousand or over. These are simple criteria that we have for providing funds to small businesses, and these practical criteria enable most small businesses to qualify for the funding.

In addition to this we also have other features that make the entire process of applying for restaurant loans bad credit easier and more practical for businesses. Our requirements have little to do with the credit score of the business owner, and we often work with businesses whose credit scores are in the mid-500s.

In addition to all the easy parameters and criteria we have already mentioned, there is yet more. We do not require collateral and security or any kind of personal guarantees either to provide business loans for restaurants and this makes the entire process feasible for thousands of small business owners.

Our time frames to provide business funding for restaurants is also very quick, and at the quickest we are able to process the application and deliver the funds into the business owners account within 48 to 72 hours.

Contact us for more information related to restaurant financing companies and our funding team will provide you with the information you require. Alternately, you can also click on the ‘get started’ tab and fill in the application form.