Restaurant Business
Financing for a restaurant or bar can be difficult due to the nature of the business and a traditional lender’s uncertainty about lending to what is considered a high risk sector of the hospitality industry. As a result, a traditional lender will require a solid business plan, plus years of financial and credit history together with asset collateral to decide whether it is a prudent financial risk to extend a restaurant business loan.
Provide you with the capital you need for renovations or expansion
Cover the cost of inventory, parts, tools or new equipment
Provide necessary cash flow for payroll or daily expenses
Help you fund new marketing campaigns.
Front of House
- Purchase plates, silverware, or glassware
- Update floors, lighting, decor
- Revise table layout for efficiency
- Remodel to expand seating (Indoor/Outdoor)
- Expand staffing
Back of House
- Upgrade dishwasher, refrigerators, water heaters
- Replace equipment; ovens, deep-fryers, refrigerators, walk-ins
- Improve storage areas for improved efficiency
- Purchase small wares
- Upgrade safety conditions
Technology / Equipment
- Modernize Point Of Sale (POS) System
- Integrate kitchen ordering with front of house
- Refresh restaurant web site
- Create restaurant mobile app
- Upgrade inventory/bookkeeping systems
Business Operations
- Re-design/Reprint menu and wine lists
- Replace menu covers, table tents, check presenters
- Purchase new staff uniforms
- Balance cash flow during down periods
- New/expand advertising
CALL US TODAY: (559) 212-4789
Over 60% of small business loan applications are rejected by banks each year. As entrepreneurs ourselves, we know that traditional banks make it difficult for small businesses to obtain a working capital loan. NextGen Business Lending Group works with a myriad of small businesses with varied credit backgrounds. We proudly serve a multitude of industries offering personalized financing solutions for every size and type of business.
