SOURCE: Small Business Loan Rates

small-business-loan-rates

May 11, 2016 09:00 ET

SmallBusinessLoanRates.com Publishes Guides to Help Restaurant Owners With Financial Challenges

Leading Consumer Comparison Service Offers E-Book, Infographic Detailing the Ins and Outs of Working Capital Loans

ST. PETERSBURG, FL--(Marketwired - May 11, 2016) - SmallBusinessLoanRates.com, a leading consumer comparison service that connects lending services to business owners who need financing, announced today that it launching a campaign aimed at helping restaurant owners deal with the financial challenges they face in running their businesses. The campaign consists of an e-book, The Restaurant Owner's Guide to Avoiding Financial Disaster, and an infographic, Restaurant Financing 101 . Both resources are available for free download at http://www.smallbusinessloanrates.com/free-ebook-the-restaurant-owners-guide-to-avoiding-financial-disasters and http://www.smallbusinessloanrates.com/free-infographic-restaurant-financing-101-strategies-for-growing-your-business.

Studies have shown that about 60 percent of new restaurants fail within the first 12 months. Cash flow is a major reason many of these failures occur -- mismanagement, weather, the economy, or a number of other factors cause a money crunch from which owners can't recover. The new e-book and infographic from SmallBusinessLoanRates.com explore these challenges and detail how working capital loans can help restaurants not only stay afloat, but also thrive. Among the guides' features:

  • An explanation of working capital loans and their importance to small businesses
  • Six different types of working capital loans
  • Seven ways a restaurant can spend a working capital loan
  • The advantages and disadvantages of working capital loans

"Success in the restaurant industry can be difficult," says Danny Samoohi, CEO of SmallBusinessLoanRates.com. "Many small business owners work hard to make their restaurants succeed, only to be thwarted by unexpected cash flow issues. Luckily, a little bit of planning can help forward-thinking businesspeople avoid cash flow problems. This campaign we have created details options available for restaurant owners."

For more information about these new resources or the services SmallBusinessLoanRates.com offers, visit the company's website at http://www.smallbusinessloanrates.com.

About SmallBusinessLoanRates.com
Founded by business owners who know how challenging it can be to get funded, SmallBusinessLoanRates.com was created to provide small business owners with an easy way to secure the financing they need to grow their operations. SBLR is a consumer comparison service that allows you to browse a score of business financing companies and lenders to see which ones offer you the best terms and the lowest rates. All of our lenders compete against one another to give you the best deals possible. Once you've found the working capital loan that works best for your restaurant, you'll receive your funds within a few business days. In addition to working capital loans, SBLR also offers a variety of other business financing programs, including unsecured business loans, credit card factoring, business lines of credit and merchant cash advances. Our easy-to-use website allows you to quickly determine which products and lenders can help your restaurant the most. For more information, visit http://www.smallbusinessloanrates.com.

Contact Information

  • Contact Information:

    Daniel Samoohi 
    Office: 646-448-1722