Italian Restaurant Advances

How to Appeal to a Range of Customers


Despite the business’s success, the owners aimed to broaden their customer base, highlighting the importance of creating a strong first impression. To do so, they strategized renovations to develop a more inviting and comfortable space with a modern and refreshed interior. Additionally, the favorable local climate inspired the idea of incorporating a patio.

Yet, previous efforts to secure traditional bank financing hadn’t yielded results. Being a small and relatively new business complicated matters. Nonetheless, they decided to move forward and assess both the required funding amount and the range of alternative financing options they could access.


Updating the Restaurant’s Cost


Upon researching expenses, the owners found that restaurant renovations generally fall within the range of $200 to $250 per square foot. Additionally, there would be costs for building and furnishing a new patio. After performing calculations, they came to the conclusion that they would require around $300,000. This funding would cover all the planned tasks, including updates, the patio, and potential additional items throughout the project.


This budget would cover all proposed modifications and any extra requirements that might arise during the project’s advancement. The following step included evaluating the project’s feasibility. Subsequently, the owners initiated an exploration of alternative small business loan options that matched their needs.

Italian Restaurant Advances

Exploring Alternatives Following Previous Business Loan Failures

Since traditional business loans had failed previously, the team started exploring other options. They excluded choices like commercial real estate financing because a new facility wasn’t necessary. Instead, they discovered promising options such as merchant cash advances, asset-based loans, and lines of credit.

Upon thorough analysis, it became evident that one option outshone the rest. Ultimately, the owners chose to proceed with a merchant cash advance.

Why You Should Consider a Merchant Cash Advance


Getting the required funds for the restaurant was a breeze through a merchant cash advance. Moreover, the funding process could be completed within just one to two days, ensuring swift progress for the plan. The owners were drawn to this option due to its flexibility, with term lengths spanning from three to 24 months.

Many businesses easily qualify for a merchant cash advance, making it one of the most accessible financing options. You have the flexibility to set up payment schedules based on the restaurant’s sales. These schedules can be on a weekly, daily, or semi-monthly basis. This setup ensures that on days of higher revenue, a larger portion of the advance is paid off. This is in comparison to slower days.

What Was Next Occurred?


Utilizing the renovation funds, the restaurant upgraded kitchen equipment and expanded the seating area with a full-service bar and additional seating. Furthermore, they introduced a patio and acquired a truck for supply pickups and deliveries, achieving swift implementation upon fund availability.


Since then, the Italian restaurant’s revenue has doubled in the past year, exceeding $5 million annually. Opting for a merchant cash advance played a pivotal role. It enabled the business to flourish, attract new patrons, and maintain its commitment to family-oriented enjoyment.

Italian Restaurant Advances

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