With the pool of funds allotted to the Restaurant Revitalization Fund depleted, many restaurant owners are now receiving rescinded notifications for their pledged grants. The severity of the impact is still unknown, and it has forced many owners to find means to bridge the gap.
"The Restaurant Revitalization Fund, established to help commercial foodservice businesses recover financial losses caused by the coronavirus pandemic, has been hamstrung by lawsuits that are causing a delay in some applicants being able to receive grants they've already been approved for. On Wednesday, the Small Business Administration sent out letters advising applicants that lawsuits have precluded the agency from disbursing funds."
A partnership with Quikstone Capital may be the answer to this unknown. Quikstone offers merchant cash advances that allow restaurant owners to maintain daily operations and implement growth initiatives.
A business cash advance from Quikstone Capital can be used for nearly anything, including:
- Equipment upgrades or replacement
- Hiring staff - hiring bonuses and staff bonuses
- Inventory purchases
Why Quikstone Capital?
When you choose Quikstone Capital for your business cash advance, you get a silent funding partner that cares about your success. We’re here to help you find the right solution to help your business profit and thrive.
Our process is:
Fast - Cash advances are typically approved in 48 hours. Receive up to $250,000 in 7 days or less!
Easy - A simple approval process with no application fees, and we have generous, flexible credit guidelines.
Flexible - Payments are small deduction from credit card sales and adjust to sales volume. No invoices to process or checks to mail.
We control both the credit decision and the funding process, so we can respond to your needs quickly. However, merchant cash advances are not for everyone. As your funding partner, you can count on us to:
Tell you the truth - we’ll always act in your best interest, even if it costs us business
Find solutions - tell us your issues or problems, and we’ll work with you to find solutions that protect your interests
Help you plan - maximize your return on your cash advance with solid ideas to generate more sales and profit
Quikstone Capital Solutions has provided small business owners with merchant cash advances to stabilize and improve their businesses for over 15 years. With the ability to quickly qualify and get your money in a timely fashion, there is no more convenient business loan alternative.