Paramount Merchant Funding provides a number of financing options to restaurant owners, each of which is designed to get you a repayment plan that is best for your business. Paramount’s Account Executives will look at several key factors regarding your file to determine which programs will help your business. For example, if you are experiencing cash flow problems, we will design a program where you have smaller payments. If you want to purchase new equipment or buy inventory in bulk, we will provide you with a program that has a lower cost so you can produce a healthy profit with your new purchase. The application process is free and approval rarely takes more than 24 hours. Once you decide on a funding program, we can have the money in your account within 2 business days.
Restaurant Financing & Funding Programs
Restaurant Cash Advance – Paramount offers a cash advance to 95% of the restaurants that apply with us. If you meet the 2 requirements below, you will qualify for $2,000 to $750,000 depending on your business. Paramount gets paid back by taking a fixed percentage from the daily credit card sales. It is that easy.
Requirements for Restaurant Cash Advance
- Process a minimum of $2,000 per month in credit card sales
- Current with Rent or Mortgage for business property
Restaurant Revenue Advance – Paramount also offers a revenue advance based on all sales, rather than just the credit card sales. This allows us to provide a larger amount of money with more flexible repayment options. The application process is simple and the only difference is we review your 6 most recent months of bank statements instead of your credit card statements.
Requirements for Restaurant Revenue Advance
- Minimum of $10,000 per month in Gross Sales
- Current with Rent or Mortgage for business property
- Time in Business of at least 1 year
Restaurant Loan – Paramount recently unveiled its small business loan program for restaurants. This program is perfect for business owners that would rather pay back a fixed amount rather than a percentage of sales. The Restaurant Loan program is not available in all states, so call today to see if you are eligible. Call – 877-885-1505 Now!
Requirements for Restaurant Loan
- Minimum of $10,000 per month in Gross Sales
- Current with Rent or Mortgage for business property
- Time in Business of at least 1 year
- Positive Cash Flow
Apply Today and Find out which Programs you Qualify for
With Paramount, you receive adequate financial coverage that comes without the hassle and inconvenience of a business loan from a bank. Most restaurant owners are eligible for one of our restaurant funding programs. Get pre-approved online now.
*Not available in every state
