There are over 40,000 restaurants and cafes in Australia with an approximate turn over of more than $14 million each year.
With such a huge presence in Australian economy it is easy to understand why small business in this industry face many challenges.
Factors such as recruiting, training, employee turnover & overheads are just some examples of how overwhelming it can get for a small business in restaurant industry. Operating costs are typically quite high and the market is notoriously fickle, leaving business owners needing financial support in order to manage their cash flow and expand their business.
Bank perceive businesses within the restaurant and take away industry as high risk, so alternative finance solutions providers can be a better option for many restaurants and cafés.
An unsecured loan for a small business with the ability to make small quick payments can help restaurants to focus on their daily operational activities rather than focusing on finances or limiting resources with the risk of losing assets.
Capify’s Restaurant Business Loan is the perfect solution for businesses that want to keep regular cash flow and operate smoothly in a very competitive industry.
With flexible options for daily or weekly fixed repayments, or paying via small percentage of EFTPOS & Credit Card sales, our solutions can cater to your individual business requirements and help you achieve success with a quick and simple online application.
If your store is the body of your business and you are its heart and soul, then cashflow is its lifeblood. And while you may have enough cash entering your company to pay the rent, salaries and utilities, building a cash reserve so you can invest in all those opportunities can be challenging, especially in such a competitive industry.
Our unsecured loans can used for any business purpose including;
It is crucial for restaurants to have a team that can help the business to run efficiently and provides excellent service for long term success.
Sometimes restaurant can change location or upgrade their facilities and profit margin increases significantly but because of the regular operational cost it is hard to manage that.
For restaurants it has become an almost essential element to compete with others and stay relevant to focus on marketing now a days .
Managing a restaurant requires considering wide range of expenses such as bills, licensing and it can suddenly impact the cash flow.
Call or apply online in minutes for a quick, obligation free quote.
We can get you funds you need with loan terns that suits your business.
Fast, same day approvals and funds in your account within 24 hours*.
We know running a business is hard. Remaining stable as a small business and capitalising on growth opportunities can be difficult in such a competitive environment, especially when you’re short on funding.
Capify can help you get the funding you need quickly, without any hassles. We take time out to understand your business needs and offer you a tailored solution to help you achieve business growth, provide greater cash flow, and invest in your business for future.
Speak to a lending specialist today on 1300 760 930 to get funds in 24 hours or start your application and apply now.Get Started