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Funding for Food and Beverage Owners

  • Are you looking to stock up on inventory for an upcoming peak season?
  • Are you expanding your current space or opening a new location that needs renovations?
  • Do you need additional staff to meet increased demand and extend your operating hours?

Food & Beverage

In the food and beverage industry, various situations may arise where quick and accessible capital is crucial.

  • Are you preparing to stock up on inventory for an upcoming busy season?
  • Is your current space no longer sufficient, prompting expansion into additional areas that require renovations?
  • Do you need to extend your business hours to meet growing demand, necessitating additional staff? Do you want to offer other items on your menu?

Capital Advance simplifies the process of obtaining capital, allowing you to focus on advancing your business.

We cater to a variety of food and beverage sectors, including:

Restaurants

Cafes

Fast Food Outlets

Bars

Bakeries

Nightclubs

Food Trucks

Breweries

Catering

Let us support your growth and operational needs with our tailored financial solutions.

Term Funding

1

Fill out our online application.

2

Securely connect banking information.

3

Our professional will review your application and provide an offer.

4

Receive cash in less than 48 hours.

5

Repayment is made from the terms set out in our agreement.

Merchant Cash Advance

1

Fill out our online application.

2

Securely connect banking information.

3

Our professional will review your application and provide an offer.

4

Receive cash in less than 48 hours.

5

Repayment is made from the terms set out in our agreement.

Frequently Asked Questions

My bank declined my restaurant’s business loan application, what should I do now?

If you have been declined for a small business  loan, consider a term loan or merchant cash advance from Capital Advance; a direct online lender. For many Canadian restaurant owners, we have been able to provide an alternative funding solution that is dependable and resolves cash flow issues.

Do you provide funding to all types of restaurants?

We understand that different types of restaurants have different funding needs. If you are a small business owner of a casual dining restaurant, cafe, ethnic fast food truck, pub or high end dining establishment we will understand your requirements and look to provide you with the required working capital.

Can I receive funding to purchase a restaurant or other business?

Capital Advance does not provide capital to acquire an existing business or startup one. Your business must be established for at least 6 months and generate $10,000 of revenue each month to qualify for short term capital.

My business only operates seasonally, do I qualify?

If your small business is located in a seasonal location or provides seasonal food, such as an ice cream shop, your approval will take into consideration what time in the season it is.

I own a franchise restaurant, will I be approved for small business funding?

Canadian restaurant owners face the largest challenges from banks in obtaining a small business loan. Capital Advance is impartial to whether your food & barrage business is a franchise or non-franchise.

Frequently Asked Questions

How long does my mechanic shop need to have been operating for to qualify?

Your auto shop will need to have been open and generating a minimum of $10,000 each month in gross revenue to qualify for business funding in Canada.

Why should I choose an alternative lender for my automotive business?

Bank loans can take weeks to approve and have lengthy requirements. On the contrary, Capital Advance is more flexible and can provide working capital finance to you in as little as 24 hours. Start with a fully online application and get the funds you require to keep your shop growing!

What type of things could I use a merchant cash advance for?

Anything your small business requires! Once you receive funding you can utilize the money for any purpose related to the business, be that to grow or take care of unexpected expenses. You can purchase a new hoist, lease an additional auto bay, purchase consumables such as fluids, catch up on outstanding supplier invoices or bridge cashflow while working on a large project.

Does Capital Advance provide business loans to car dealerships?

Capital Advance does not provide business funding to car dealerships.

Do you provide funding to trucking companies?

Capital advance will only provide working capital to trucking companies which have a fleet of vehicles and employees on payroll. We do not provide owner operators with capital.