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             08 June, 2023

Category:  Articles » Finances » Loans


Why the Smart Restaurant Owner Chooses a Credit Card Cash Advance For 2009

         Views: 2194
2009-02-08 03:47:02     
Article by Gaston Castro

Anyone with a lot of money and an idea can be a restaurant owner. But it takes much more to become a smart restaurant owner.

A smart restaurant owner thinks before he acts. A smart restaurant owner learns from her mistakes. A smart restaurant owner knows that the customer always comes first. And most importantly, a smart restaurant owner is aware of all of the many types of business funding options and chooses the one or combination of sources that works best for him.

One type of business funding option that many restaurant owners may not be aware of is the credit card cash advance.

Do you want to expand your restaurant by adding seats or opening another location? Do you want some extra cash for a little bit of a cushion when your restaurant opens? Are you having a difficult time getting a bank loan? If you answered yes to any of these questions, getting these funds may be the smartest decision you could make.

The credit card cash advance allows a restaurant owner to get the most out his/her CC sales. This is very important as many restaurant-goers chose to pay for their restaurant bills using credit cards.

Restaurant owners have the chance to receive up to $500,000 for their businesses when they choose a credit card advance. After applying, they can get this money in as little as ten business days. What makes this method of business funding so unique is it only gets paid back when a restaurant makes sales. In other words, it is a form of business financing that encourages business and growth.

Why is the Credit Card Cash Advance a Smart Choice For Restaurant Owners?

Not only can it provide funds for already-operating restaurants, but new restaurant owners can have cash in their accounts within the first week of their restaurants' openings.

Also, making slight adjustments to menu prices can make a restaurant owner's advance virtually free.

According to the National Restaurant Association, "Restaurant industry sales are expected to reach $566 billion in 2009." A portion of this $566 billion dollars can go towards repaying an advance, for those restaurant owners who choose to take advantage of the opportunity.

Franchises, family-owned restaurants, sole proprietorships, etc., may all be eligible to receive credit card cash advances. Owners must simply meet minimal requirements and they can have funds wired into their accounts in less than two weeks.

As a restaurant owner, business financing is nothing to joke about. It's time to make a smart decision for your restaurant.

Gaston C. writes articles about Business Loans and Small Business Loans for Merchant Resources International.

Specialized in: Business Loans - Business Loan - Best Business Loans - Fast Business Loans - Easy Business Loans
URL: http://www.cashprior.com
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