For many people, owning and operating a restaurant is a lifelong dream. The main thing that holds many people back from getting involved in the business is the fact that it takes a major investment to get things started.
But let’s say you already have started your restaurant, you have a loyal and growing following, and the future looks bright. Yet your initial cash fund has run out, you have maxed out your credit cards, you have tapped all your friends and relatives to help out, and you’re still short of working capital. When you need some extra working capital to hire new employees, purchase supplies or make a repair to your restaurant, what can you do?
If you can qualify for a traditional loan then go for it. Be prepared to spend countless hours on paperwork over a period of months, and keep your fingers crossed. You may have a 10-20% chance of getting approved if all is well. But let’s say you can’t wait that long and risk not getting the money in the end. Let's say that your restaurant funding needs are immediate, or your credit isn’t perfect and the bank rejects you out of hand. Then what?
There is a solution. Right now, today, you have an asset that you can put to work in short order: your future stream of credit card sales. Using this, you can obtain a merchant cash advance in only 5-7 days. Principis Capital specializes in this alternative funding source. The way it works is that we give you the cash that you need on day one, and you pay us back by giving us a percentage of your monthly credit/debit card sales over the next 6-12 months. That’s it. It’s simple, and your payments are not fixed but rather are based on your monthly credit/debit card transactions. This means that if one month happens to be slower than others, your payment is lower that month as well.
With a restaurant cash advance from Principis, you can finally get your restaurant financed and start worrying about the important things, like providing your customers with a quality experience and figuring out how to make the perfect soufflé.
Stop worrying about financing your business -- to learn more about our cash advances and call us at 866-311-5463. We’d love to help you solve your cash problems. You’ll be surprised at how easy it is.

