Restaurant Funding and Financing

Obtaining financing can be challenging for restauranteurs as traditional financial institutions, banks and factoring companies consider food service a high risk industry. Restaurant owners now have the ability to obtain working capital with CFC’s Merchant Cash Advance program, as we will buy your future credit and debit card sales.

Canadian Restaurants can now obtain business financing based on their credit and debit card sales. We understand the unique challenges that restaurants face when trying to acquire funding either for cash flow purposes, sales and marketing or equipment purchases.

Our program is tailored to help Small and Medium-Sized Restaurants achieve growth and increased profitability without having to deal with the red-tape encountered when dealing with financial institutions and not negatively impacting your daily cash flow and business needs. Unlike traditional loans, Merchant Cash Advances have no fixed payments, timeframe or interest rates. We buy future credit and debit card sales at a discount and the repayment is done as a fixed percentage of your daily sales. When sales are high, the advance is repaid at a faster rate, when business is slower or you are on vacation the rate of repayment is slowed down at no penalty.

Restaurant owners do not have to put up outside collateral to qualify or go through a loan-qualification process. If your business has a slow month, you will not have to struggle to come up with a loan payment. Ensuring that we only get paid once you get paid!