Perk Up Your Company With a Coffee Shop Business Loan
Everybody needs a little spark sometimes. For many of us, it is our morning cup of coffee. It gets us back on track and prepared for whatever the day has to throw at us.
Your favorite cafe is no different.
As the owner of a coffee shop, you experience a variety of obstacles and challenges along your path to success. While these speedbumps can push you to your financial limits, it’s important to realize that you are not limited to the cash you have on hand.
Coffee shop business loans might be the shot of espresso your business needs to get back on track. With a variety of common uses ranging from new business equipment funding to inventory financing, a coffee shop business loan can finally help your business reach the goals you set for it.
Why Traditional Coffee Shop Business Loans Might Not Be Your Cup of Tea
Every business’ needs are different. What works for one business isn’t always going to work for another. That’s why traditional coffee shop business loans, while usually the most popular, are not always the best choice for your business.
Banks require even some of the most qualified small businesses to pledge personal assets in their loan agreements just to be considered for a coffee shop business loan. Having to put your car or home up as collateral is a less than ideal situation for most small business owners.
Qualifying for unsecured business loans with bad credit with traditional lenders has become next to impossible over the past decade. This has created a growing demand for an alternative funding option for coffee shops, and businesses in general.
How to Qualify for Online Coffee Shop Funding
Fast Capital 360 is an online business funding company that not only specializes in unsecured business funding but does so much faster than banks are able to.
Banks can take up to three months to make a decision on your business, a waiting period many small businesses can ill afford. At Fast Capital 360, we offer a variety of funding types designed to get you the funding you need when you need it.
Qualifying with Fast Capital 360 is quick and easy. If your business meets the following criteria, then you probably qualify for coffee shop business funding with Fast Capital 360.
- A personal credit score of at least 520
- An annual revenue of $120,000
- At least six months in business
If you meet these qualifications, then you could have your coffee shop business financing in your business bank account by the end of the following business day. Our online application only takes the average user minutes to complete, and the majority of our applicants find out what they qualify in under an hour.
To learn more about how your cafe can benefit from coffee shop business funding with Fast Capital 360, call us at 800-735-6107 or contact us online today.
Find out if you qualify for coffee shop business funding with Fast Capital 360 and grow your business the way you’ve always planned to.