Who Can Offer Equipment Financing For A Start Up Restaurant?
Need a Funder or Vendor? START HERE

Results 1 to 5 of 5
  1. #1

    Who Can Offer Equipment Financing For A Start Up Restaurant?

    Who can offer equipment financing for a start-up restaurant? The owner has good credit and restaurant experience. He has an invoice for $62,000. Please help.

  2. #2
    Senior Member Reputation points: 72398 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,244

    yes....reach out...

    Also have them reach out for a SBA micro loan...

    https://www.sba.gov/partners/lenders/microloan-program

    I also have a business credit card program for start up's too....acts like a LOC.
    Last edited by Olderguy; 12-27-2023 at 12:30 PM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Senior Member Reputation points: 226125
    Join Date
    Feb 2017
    Posts
    3,396

    Quote Originally Posted by davis3003 View Post
    Who can offer equipment financing for a start-up restaurant? The owner has good credit and restaurant experience. He has an invoice for $62,000. Please help.
    Try Slim

  4. #4
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    498

    We offer our Jumpstart program for new businesses to purchase equipment. It's typically capped at $20,000 though.

    We are one of the only funding companies
    that can offer a cash advance to a brand
    new location.
    We can fund 75 percent of the equipment invoice, up to $20,000.
    • We pay the equipment reseller directly – funds are not sent to the merchant
    • No liability to the equipment reseller once we fund the deal
    • 25% down payment is paid directly to the equipment reseller by the merchant
    • $10,000 minimum projected credit card processing volume is required
    • Merchant must have previous experience in the industry the business pertains to
    Funds are released once the business opens and batches a full days worth of credit card sales.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  5. #5
    I'm happy to take a look if you haven't found funding for the equipment already. I have banks that will take industry experience into consideration to offset the TIB

    Naisha Hemphill
    Phone: 425-296-8273
    Email: naisha@hilfinancial.com
    Website: hilfinancial.com

    H.I.L. Financial
    3724 Lake Washington Blvd NE
    Kirkland WA 98033

Similar Threads

  1. Equipment Financing For Start-Up Restaurant In Cali
    By getitfunded in forum Deal Bin
    Replies: 7
    Last Post: 07-13-2021, 01:20 PM
  2. Equipment Financing for Start-up companies
    By ZacharyF in forum All Other Lending
    Replies: 0
    Last Post: 04-02-2018, 04:29 PM
  3. Who offers restaurant equipment financing for start ups?
    By LoanShark714 in forum Financial Services
    Replies: 10
    Last Post: 11-16-2016, 03:28 PM
  4. Replies: 7
    Last Post: 02-12-2016, 01:04 PM
  5. Restaurant Equipment Financing - 550 Fico
    By BigIz in forum Deal Bin
    Replies: 4
    Last Post: 10-23-2015, 09:22 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Pipe secures $100M credit facility
Cloudsquare: 14 new lender APIs
FundKite survey finds 77%


DIRECTORY