Capital Alliance: Your Go-To Source for
Restaurant Business Loans
It’s no secret that running a successful restaurant is hard work. There’s a reason why 60% of new restaurants fail within one year and 80% fail within five years, after all.
One of the major reasons restaurants are forced to close prematurely is because they run out of cash. In fact, a recent survey revealed that only 37.7% of restaurant owners believe their financial situation can be categorized as “good to excellent.”
The good news is that, by taking a proactive stance, you don’t have to let cash problems derail your business. By applying for a small business loan from a non-bank lender like Capital Alliance, you can get the money you need to cover your expenses and grow your business.
"Only 37.7% of restaurant owners believe their financial situation can be categorized as 'good to excellent.'"
Once your restaurant’s small business loan is approved, you can put the money to use in a variety of ways, including:
- Remodeling your restaurant to modernize your dining room
- Buying new kitchen equipment and appliances
- Upgrading to a POS system
- Launching a marketing campaign to promote special events
- Strengthening your cash flow to cover both operating expenses and unexpected business expenses
- Opening an additional location
- Building a website that enables your customers to order online
As you begin your research for the small business loan provider that makes the most sense for your restaurant, you’ll quickly see you have a lot of options.
We believe that Capital Alliance is just the lender you’re looking for. We offer:
A lightning-fast application process. Apply for a loan at a bank, and you’ll have to submit mountains of paperwork, financial documents and tax information. When all's said and done, the application process can be incredibly time-consuming, to say the least. Applying for a loan from Capital Alliance will take you 15 minutes or less. You can get back to managing your business right away. Start right now »
Quick approvals. If you’re lucky enough to be approved for a bank loan, you still might have to wait as long as 60, or even 90 days for money to come through. Once your Capital Alliance loan application is approved, money can show up in your business’ bank account within 24 hours. You can put it to work immediately.
No restrictions on how you spend your loan. When banks fund small businesses, they expect money to be put to use in very specific ways. Since Capital Alliance is an alternative non-bank lender, we are able to fund businesses without the limitations banks are typically bound by. You know what’s best for your business; here are some ideas. Put your loan to use however you see fit.
Flexible repayment options. At Capital Alliance, we understand perfectly how tricky it can be to run a restaurant. Every now and again, revenues can take an unexpected dip. A blizzard might make the roads impassable for a few days or a summer storm might knock the power out, leaving you unable to generate revenue. To this end, we offer flexible repayment options. We understand what it’s like to be a small business owner in a challenging industry. We’ll work with you to grow your business.
Loans to business owners who don’t have perfect credit scores. Because banks are approving fewer and fewer small business loans these days, they tend to only lend to owners who have near-perfect credit scores. At Capital Alliance, we care much more about a restaurant’s ability to generate revenue. So long as you’ve been in business for a year and have demonstrated a positive cash flow, you’re likely to be approved. Learn more about getting a loan with subprime credit »
Repeat customer benefits. If you repay your loan installments back on time, you may qualify for additional funding before the term of your loan is up. We may also charge you lower interest rates in the future if you’ve held up your end of the bargain.
- Restaurants collectively generate more than $782 billion of revenue each year
- There are over 1 million restaurants in the United States
- More than 14.4 million people are employed by restaurants
- Over the next 10 years, 1.7 million additional restaurant jobs will be created
- 90% of restaurants have fewer than 50 employees
- 70% of restaurants are single-unit operations