How to Get A Cash Advance for Your Restaurant

How to Get A Cash Advance for Your Restaurant

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Having Trouble Getting Access To Finance?

You wait a minimum of four weeks just to find out that your bank hasn't approved you for the finance you needed yesterday. Sound familiar? It’s no secret; it can be difficult for SMEs to access the finance they need to grow and survive from the major banks in Ireland. You may simply need a small injection of cash to help expand or refurbish your premises or want to expand your marketing efforts. Luckily there’s a few alternative finance options available to your restaurant to get you growing. The most popular option is a cash advance.

 

Just What is A Cash Advance?

GRID’s Cash Advance Loan is a short-term finance solution that works with your business and its existing credit/debit card machine. The repayments are made using a percentage of your daily credit/debit card machine transactions, reducing pressure on cash flow and working with the natural ebb and flow of your business.

 

Who Can Get A Cash Advance?

A large range of SMEs in the hospitality industry can apply for a cash advance such as:

  • Pubs
  • Restaurants
  • B&Bs
  • Gastro Pubs
  • Hotels

 

Brilliant, But What Are the Benefits?

The benefits that come with a cash advance are:

  • It’s easy to apply as it’s online
  • You can be approved in 24 hours
  • It’s a rolling credit facility
  • Security is taken on card payments
  • Flexible repayments

 

How Do I Apply?

Easy! Just click the apply now button and you can apply online. Our online platform is simple to use and can be accessed from your smartphone, tablet, or computer.

Find out more about the cash advance option and get started now.

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