Restaurant
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 a market price for the 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 business and often have stringent regulations & requirements to provide business loans to restaurants.
Individual solutions for restaurant owners operators
At fundu, 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.
What can you use the extra funds for?
fundu has helped many restaurants secure working capital funding to help them achieve both short term and long term financial goals.
Here is a list of goals, that we can help you to achieve:
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Redesigning your restaurant menu
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Hiring new chefs and staff members
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Launching a marketing campaign
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Buying a pivotal kitchen appliance
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Stocking your food inventory
Why choose fundu to fund your restaurant?
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 fundu, 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.
How does it work?
1
Fill out the 90 second funding application via the link below
2
Our team of experienced funding specialists will reach out to you within 24 business hours!
3
Once approved, you typically receive funds on the same day