Credit Card Receivable Factoring for Restaurants and Bars

Welcome to our hospitality factoring division. We understand the cash flow challenges facing your growing restaurant or bar and have tailored solutions to meet your needs. Use your future credit card receipts to unlock the cash in your company. We can advance your company funds of just a few thousand dollars per month and up to hundreds of thousands per month.

Whether you need cash to meet payroll, purchase inventory or supplies, start another location of your restaurant or bar, or any other reason, we can help. We understand the unique documentation in the restaurant and bar industry and leverage this knowledge and experience to provide solutions to help you solve your challenges.

Most of our restaurant receivables factoring customers fall into at least one of the following situations:

Credit Card Receivables Factoring for Restaurants
  • companies experiencing seasonal or uneven sales patterns
  • restaurant owners with past credit problems
  • experiencing cash flow shortages
  • rapidly growing companies with spotty earnings and sales histories
  • start-up companies with no established financing relationships
  • businesses with unique expansion opportunities that require considerable capital

It is common for restaurants and bars to face cash challenges during times of growth. And, we all know how much banks dislike lending to restaurants and bars, even if your restaurant or bar has very strong financials and a solid operating history. With robust credit card factoring resources and many combined years of experience with creative financing solutions and the hospitality industry in general, we are specialists in helping restaurants and bars with their cash flow needs.

Whether you run a no-frills, local watering hole or a large, premium steakhouse, we can help you meet your obligations on time, every time. Give us a call at (866) 268-9515 or complete our quick application above.

 

 

Benefits of Factoring with GrowCo:

  • Rates as low as .5%
  • Funds deposited into your account within hours
  • No long-term contracts
  • No minimum volumes or minimum fees
  • Factor only when you want
  • Factor only the invoices you want
  • Flexible and creative financing programs other than factoring
  • Super fast approval
  • No application fees

No Financials Needed. No Application Fees. Creative Financing for Any Industry. Rates as Low as .5%.

Call us 24 Hours a Day, 7 Days a Week: (866) 268-9515.