Restaurants

24 02, 2023

A Guide To Restaurant Business Loans

2023-02-24T04:32:27+00:00

The restaurant industry isn’t for the faint of heart. About 60% of restaurants fail within the first year and even more—about 80%—fail within the first five years. Common reasons for failure are lousy location, inexperience, inflated costs, improper pricing, lack of marketing, and disorganization. On the flip side, however, are the 20% of restaurants that [...]

A Guide To Restaurant Business Loans2023-02-24T04:32:27+00:00
20 10, 2021

Startup Brewery Equipment Financing

2021-10-20T03:45:35+00:00

A love of beer is just one of the many requirements for operating a startup brewery, since brewing and drinking beer is only part of what you’ll be doing as a brewery owner. You should be aware that much of your time will be spent cleaning, as well as managing your books, sales, vendors and [...]

Startup Brewery Equipment Financing2021-10-20T03:45:35+00:00
21 09, 2021

Subprime Business Loans for Restaurants

2021-09-21T18:21:52+00:00

It’s no secret that one of the hardest hit industries during the pandemic was the restaurant industry. Many eateries have closed their doors since mid-2019 and others are barely hanging on, trying to make ends meet until things go back to “normal” again. Traditional lenders have long been wary about lending to restaurant owners given [...]

Subprime Business Loans for Restaurants2021-09-21T18:21:52+00:00
8 07, 2021

Small Business Restaurant Loans

2024-02-01T22:36:27+00:00

Running a restaurant is one of the most difficult business ventures. Even during the best of times, the competitive nature of the restaurant industry makes it difficult for many restaurant owners to see consistent cash flow — and as we all know, many restaurants did not survive the pandemic, and those that did are still [...]

Small Business Restaurant Loans2024-02-01T22:36:27+00:00
9 02, 2019

Restaurant Business Loans

2019-04-15T19:30:14+00:00

The restaurant business is not for the faint-of-heart, but there are a lot of myths floating around about its success rate. An American Express commercial once noted that 90% of new restaurants fail within the first year, and although that figure was bandied about for a time, it’s far from the truth. A study by [...]

Restaurant Business Loans2019-04-15T19:30:14+00:00
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