The restaurant industry is highly competitive, and it is no secret that in order to stay at the top, heavy investment is required when it comes to employee recruitment, equipment, inventory, storage and upkeep.
Food costs fluctuate with seasonality, and if poorly managed major losses can occur when the budget is managed accordingly with market price for ingredients. Some businesses are dependent on ingredients that their client base demands regardless of market price, and it's up to the restaurant owner how to tackle high cost seasons. Banks traditionally categorize restaurants as a high risk businesses and often have stringent regulations & requirements to provide business loans to restaurants.
There is no obligations for trying and it never affects your credit score
At Arcarius , we fully understand restaurant businesses have varying capital needs, and we are committed to helping your business grow by cutting through the red tape. Whether you run a big fine dining restaurant or operate a small eatery, you can get the business financing you need from us.
We offer merchant cash advances, reverse consolidation, and other merchant services that you will be hard pressed to find elsewhere.If your working capital is limited it will likely become tough to operate as a restaurant owner.
You may have to seek business funding so that you can maintain cash flow and keep your restaurant operating without disrupting the business. It is extremely common to find it hard to get a traditional bank loan because of the extensive requirements to be approved as a restaurateur. Even if you have found a bank that is willing to give you a loan, their lengthy time frame of dispensing funds might not meet your needs.
We believe that restaurant businesses should have access to funding so that business growth can be scalable. That’s why we have developed a hassle-free application process for businesses to obtain funding of up to $500,000 easily.
There’s also no late fees incurred when you take up a merchant cash advance with us plus we practice a fast turnaround time for approvals.
With Arcarius , you decide how much funds you need and when to take them. We also have some of the best financing terms in the industry so that your culinary business never has to struggle with repayments. Your repayment schedule can also be synchronized with your seasonal revenue patterns. Our in-house term of customer service representatives can also assist you 24/7, giving you complete peace of mind.