| 1. What
does Business Capital, LLC provide? |
| In cooperation with our funding
partners, we strive to
provide restaurants and other businesses with various
financial products that are designed to put money in your
hands within 5 - 7 business days after approval. |
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| 2. How
much funding can you provide? |
| Between $5,000.00 and
$500,000.00 per business entity based on your total gross
sales. |
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| 3. How
soon can I receive funding? |
| Typically within 5 - 7
business days after approval. |
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| 4. How do
you determine how much I can receive in funding? |
| Funding amount is based
several factors. Primarily, we review your last 3
months of credit card statements and recent bank statements
to determine your average monthly gross sales. |
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| 5. What
will you need from me to get started? |
| Start by completing our
brief online application.
Then one of our representatives will call you with the
information we need to proceed. |
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| 6. What
if I am a new restaurant? |
| If you are not open yet, we
can look at your average meal ticket, number of seats and
projections of future sales. If you have recently opened, we
can look at your existing gross sales. |
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| 7. Do you
require collateral to secure the loan? |
| No. We will only require a
personal guarantor for the loan. |
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| 8. Do I
need to change my current credit card processor? |
| NO, you are not required to
change credit card processors. However, we do offer
very competitive rates and we may offer an additional
incentive for you to switch. Ask for details. |
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| 9. What
are the pay back terms? |
| The fixed loan payments are
retrieved weekly over 26-40-52 weeks (sometimes longer). |
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| 10. How
do I apply? |
| Complete our brief
online application to get the
process started. One of our representatives will
contact you within one business day. |
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