Restaurant Finance & Development
The 2008 Restaurant Finance & Development Conference in Las Vegas was no surprise to us, as the rumors of the scarce resources available from traditional lending sources proved to be true. Actually, Global Swift’s biggest interest was from banks trying to keep their depository business by referring their merchants to us for Working Capital!
Most successful franchisors, restaurateurs and operators are chomping at the bit to take advantage of some great acquisition deals out there. There are tons of development opportunities where owners can obtain a restaurant in a location featuring strong demographics, affordable commercial Real Estate, and be able to negotiate favorable rates with construction companies. The Small Business Administration (SBA) and other long-term financing sources used in the past are not an option for most operators at this time.
At Global Swift Funding, we recently hired Dan Chaon as our COO. Dan’s 16-year experience as a restaurant operator and as a key contributor to Brinker International has provided significant insight to our underwriting team. We are focused on existing operators and tenured franchisees with multiple restaurants and years of successful restaurant experience. We can help these operators take advantage of this tumultuous environment and grow their business!
Working Capital options that restaurateurs have available to them have many benefits. These include:
- Not giving up an equity position
- Providing access to quick capital
- Affordable
- No application or closing fees
- Quick Approval
- Up to $200,000 per location
As operators are in growth mode, we are here as a resource for them to provide an infusion of capital. We understand that we are not going to take the place of traditional lending sources; however, NOW is the time to for small business owners to look at alternative financing partners as we can help them grow their business quickly, effectively and affordably.
Want more information?
Give us a call at 619-482-7200 – let’s talk a little more about how short-term financing sources can help your business.