Retail and Restaurant Establishments
No doubt it’s something you’ve already noticed if you’re in the retail or restaurant business. These days, very few people use cash. Instead, most Americans turn to credit or debit cards for purchases. That said, you may not realize how their use could work to your advantage.
It’s something you most likely know. Whether you own a retail shop or run a restaurant, you cannot predict customer traffic. One day, you’re overwhelmed by an influx of sales. On the very next day, you feel ready to close up the business.
Without question, the ups and downs closely resemble a ride on a roller coaster. And, when you can’t get a handle on cash flow, you’re sure to be concerned.
Let’s get back to the fact that your business relies on money that comes in on credit cards on a daily basis. When you have things to pay for or just can’t make ends meet, you might be surprised to learn that the solution to your cash flow problems rests on your future credit card revenue.
Business Funding can provide your establishment with a merchant cash advance. The application process is quick and easy. Better yet, you’ll have money in hand when you need it the most.
It comes down to determining your restaurant funding needs and qualifications. Repayment works quite simply. With a merchant cash advance, you receive the money up front. You pay it back by agreeing to a proportionate allocation of funds from your daily credit card receipts.