Caterers
Bigger Loans and Longer Terms in the United States
At Ground Zero Funding, we understand the unique challenges that caterers face when trying to secure funding for their businesses. Many caterers struggle to obtain the necessary funds or loan terms that align with their goals and enable them to remain profitable and competitive. As experts in the hospitality industry, and our team of experienced loan consultants is dedicated to providing you with the financial guidance you need to succeed. We offer innovative loan products designed to meet the specific needs of caterers and other businesses in the hospitality industry.
Why Choose Us For Your Catering Loan?
At Ground Zero Funding, we have a proven track record of assisting caterers in obtaining financing for various growth projects and managing seasonal slowdowns. Our primary focus is to provide swift access to the capital you need, precisely when you need it, and to offer expert guidance to help you maximize your return on investment.
How Can Catering Loans Be Used?
Here are just a few examples of how catering clients we’ve worked with have used their catering loans:
Expanding menu offerings
Purchasing new equipment or replacing/repairing old equipment
Upgrading kitchen or moving to a new space
Buying new furniture, catering supplies, and serve ware
Hiring additional staff to accommodate large events
Starting new marketing campaigns to attract more customers
Take Advantage of Larger Loans and Longer Terms
Making the decision to expand your catering business, renovate your existing location, or open additional locations can lead to significant returns. However, big projects usually require significant upfront investments that can't be obtained through a merchant cash advance. At Ground Zero Funding, we offer financing that's tailor-made for businesses that are ready to make a big investment. With our loan options, you can borrow up to $1,000,000 with repayment terms of up to 36 months, which allows you to fund your big projects while keeping your costs low.
Our loan sizes are, on average, over six times larger, and our repayment terms are more than three times longer than those of a Merchant Cash Advance. By opting for larger loan amounts, you can invest in growth opportunities that can make a significant impact on your bottom line. Additionally, longer repayment terms ensure that your payments remain manageable and don't interfere with your cash flow.
Ground Zero Funding Business Loan
Maximum Loan of $1,000,000
Average Loan: $120,000
Max Repayment Term: 36 Months
Average Repayment Term: 23 Months
Merchant Cash Advance
Maximum Loan of $150,000
Average Loan: $20,000
Max Repayment Term: 12 Months
Average Repayment Term: 8 Months
Completing an application only takes minutes and will not affect your credit!
Take Advantage of Growth Opportunities
As a catering business owner, you may encounter various opportunities for growth, such as serving bigger clients or catering large events. Alternatively, you may be facing unexpected financial challenges that require resolution to take your business to the next level. It could be that you need to improve your menu, replace or repair your equipment, or expand your range of services to include additional event types. Whatever your needs may be, Ground Zero Funding is committed to helping you achieve your goals.
Flexible Financing to Fill Cash Gaps
Ground Zero Funding is the trusted financing partner that your catering business can rely on. Whether you require swift access to an unsecured working capital loan of up to $500,000 or a line of credit that's available 24/7, we offer loan options that are designed to meet your specific needs. With repayment terms of up to 36 months and flexible repayment options to help you build a solid financial footing, we're at the forefront of financing for catering businesses.
Take control of your catering business with greater flexibility and financial freedom with Ground Zero Funding! Apply now and get pre-qualified.