Merchant Cash Advance Can Get Your Restaurant Improvement Plans Rolling
A merchant cash advance can really get restaurant improvement plans rolling. Let’s face it. You need capital if you are looking to expand your business plans or make improvements to your business. Restaurant funding can often be complicated to obtain from traditional financial institutions, but you need to grow just to keep up in your industry. In 2015, the expansion in dining and food service has once again outpaced other job markets in the United States for the sixteenth consecutive year.
If you are a restaurant owner, you can’t afford to ignore this growth trend, and neither can your business plan. But how do you obtain capital without restaurant loans? Rewards Network offers merchant cash advance options for food and beverage service location operators that can be used to expand your location, make improvements, or catch up on all your other business growth plans.
Easy to Access Merchant Cash Advance Options
Rewards Network offers two easy-access cash advance options. Our Premier Restaurant Funding program gives you faster access to large quantities of capital than most restaurant loans. The amount is based on the pre-purchase of a portion of your total future credit card receipts at your location. The Dining Credits program, in contrast, functions a little differently. With this program, future credit card charges of Rewards Network members only are used to pay the receivables purchased with the cash advance.
Because funding for both of these programs is based on your current and projected sales, there is no lengthy application process or complicated submission plan. Rewards Network has years of experience in the dining industry, and knows what you need to develop and progress on your business plan, whether it is cash for kitchen improvements or a remodeled overhaul of your dining area. Whichever of our programs you choose, restaurant funding is fast and simple, with cash-flow friendly terms to earn you the capital you need quickly.
Marketing and Bonuses with Rewards Network
Cash advances are not the only benefit that Rewards Network clients receive from our programs. We also offer an extensive array of marketing opportunities to a group of consumers who dine more often and spend more than traditional diners when they do. Merchants who take advantage of our cash advance programs also have easy access and no up-front costs for consumer survey tools, mobile websites, and online marketing options that come with Rewards Network membership.
Our diners eat out frequently, spend more, and trust our partner restaurants, which saves you time and money in your advertising campaigns. Best of all, we already have the marketing expertise that will grow your business for you, without you having to invest additional time to develop your own independent marketing plan. If you want access to unparalleled marketing and quick and easy merchant cash advance options, contact Rewards Network today.
Why Should You Consider a Merchant Cash Advance?
Even if you own your own business, you may have never heard of a merchant cash advance. Cash flow for restaurant owners can be incredibly difficult to come by, as many banks are often reluctant to give out restaurant funding for newer operations.
Taking high interest restaurant loans can get you more in debt and make getting out of the financial hole — and into stability — all the more difficult. Only Rewards Network offers a system where your success is central to our success.
Merchant Cash Advance and the First Steps
During your first months in business, your goal is simple survival. Keep the doors open, the lights on, and use your initial restaurant funding to get your company established. The aim of this period is to work on promoting your location, getting your staff trained, and establishing your food service reputation. Ideally, you want to avoid taking any additional restaurant loans during the first few months, because that can encourage you to expand too quickly and attempt to do too many things while still establishing your business.
Beyond the Start-Up Period
After the initial start-up period of your business, it is best to spend time refining what you do, or expanding on the things you do well. It’s during this time that you will want to consider remodeling, expanding your location, or otherwise boosting your staff and production. Once you’ve made it out of the first three months, you have options like Rewards Network available to you, avoiding the need to take a second small business loan. With our merchant cash advance program, not only do you get the capital you need immediately, but you also gain access to a wider range of customers and clientele.
So how exactly does Rewards Network help? We offer you the up-front capital to make the changes you need, but we do not take payments in the traditional fashion. Simply put, merchant cash advance is not a loan. We understand that static monthly payments can be a drain on a new business’s revenue, and our goal is your success. We add your company to our network, helping you market to customers in your local area and driving more business towards your restaurant. Because of our network advantages, our clients often spend significantly more than other diners – which means more money for you.
How does the cash advance get paid? Simple. Every time one of your diners swipes a credit card with you, a portion goes back to pay the receivables purchased through the merchant cash advance. What could be easier? Contact Rewards Network today to see how we can help your business.
Merchant Cash and Capital to Expand Your Business Your Way
Getting a restaurant off the ground has never been simpler with easy access to merchant cash and capital that can help your restaurant grow. With tremendous growth and expansion occurring in the dining industry, now is the perfect time to advance your business plan, ensuring that your restaurant gets the business it deserves and that your customers get the dining experience they desire.
Getting restaurant loans isn’t easy, and finding the extra capital to make expansions and improvements can sometimes be a struggle. With Rewards Network, you gain access to the advance capital you need without straining your ability to return payment, and all while building consumer and diner loyalty with your business. Specializing in diner loyalty programs and cash advances for the dining and food service industry, Rewards Network lets you move forward in your business plan without the difficult process necessary for receiving restaurant business loans from traditional financial institutions.
Merchant Cash and Capital Offers Easy Access and Simple Repayment
With Rewards Network, your cash advance is based on the business you already do. Our Premier Restaurant Funding program allows our consultants to look at the current volume of credit card sales at your location and offer you a cash advance based on those figures. Payment of the merchant cash advance is then based on those pre-purchased of all credit card sales. The Dining Credits program provides a merchant cash advance as well, but takes payment on those pre-purchased receivables only when you process cards from Rewards Network members.
Whichever option you choose, access to cash is quick and easy. And every merchant cash advance comes with our suite of Marketing Services automatically, helping you target new and repeat customers directly. Reward Network has extensive experience in the dining industry, which makes us the perfect choice to turn to when you are looking for merchant cash and capital to expand your business.
Restaurant Business Loans Coupled with Improved Marketing
A primary draw for Rewards Network merchants is the built-in marketing and loyalty programs that target our members directly. Reward Network diners spend 25% more on average at restaurants than non-members, and remain loyal, enhancing the immediate business in your dining location. With Reward Network’s extensive advertising, your restaurant gets innovative marketing and increased marketplace visibility, drawing even more customers to your location to allow you to improve your business faster.
Rewards Network gives you access to a variety of powerful marketing tools in social media, diner response forms, and mobile websites without any upfront costs. Add your increased visibility from marketing to the funding you need to make improvements, and your business can go from surviving to thriving. With merchant cash and capital assistance from Rewards Network, your restaurant can take off.
A Cash Advance Online Can Help Your Restaurant Succeed
For growing your business, nothing beats the speed of a cash advance online. Restaurants, however, often have different needs and different requirements for cash advances and loans, making consumer cash advances prohibitive and small business restaurant loans too complicated.
With restaurant funding from Rewards Network, however, you get easy access to a cash advance for the restaurant improvements you want and need, along with a simple-to-execute system that won’t strain your day-to-day operations. Rewards Network has years of dining industry experience. We understand what you need to fulfill your business plans and make your locations more successful than ever. With a cash advance online from Rewards Network, you will quickly get the capital you need to make those improvements you’ve been putting on hold, plus access to unique tools and marketing assistance.
Marketing Made Simple
Rewards Network offers a robust marketing services plan in conjuction with our merchant cash advance programs. A variety of marketing tools, ranging from social media and customer feedback tools to rewards programs, can help to boost customer loyalty and traffic. Rewards Network offers your business market visibility and diner loyalty with diner reward programs.
This combination of customer-oriented marketing tools and capital to improve your business operations is a recipe for success for your location. Whether you need to explore a small cash advance or want to give your business plan a major boost, Rewards Network offers a merchant cash advance online that can help you.
Business Loans for the Busy Restaurant Entrepreneur
Business loans are not always easy to secure, leaving many restaurant owners in a lurch when they want to improve their location or follow their growth plan and business model. Given the way that restaurant income can fluctuate, small business loans may be particularly difficult to procure. Indeed, restaurant loans from a traditional institution can take a long time to get you the cash you need, and simply not be worth the hassle.
With the restaurant industry experiencing its sixteenth consecutive year of growth and outperforming other job markets, who can afford to wait to make improvements to their location? Whether you want to remodel your dining room, upgrade your kitchen facilities, remake your marketing plan, or update your menu, you need capital.
A merchant cash advance from Reward Network may be the right solution for you to procure capital to complete expansion and upgrades without the hassle of restaurant business loans. For years, Rewards Network has worked with clients in the restaurant industry to ensure that restaurants receive the funds they need and the foot traffic they deserve.
Why Go for Limited Business Loans When You Can Get a Merchant Cash Advance?
Traditional loans can be unprofitable for restaurant owners. Large expansion needs, quickly changing plans, and fluctuating profit all inhibit the application process for a small business loan. Instead of offering restuarant loans, however, Reward Network offers two programs to secure a merchant cash advance that can get you the capital you need quickly: Premier Restaurant Funding and Dining Credits.
Get started for free today.
Restaurant funding from Rewards Network is flexible, cash-flow friendly, and can be approved in as little as 24 hours. Go from surviving — to thriving — today.