Your team has to be paid on time. Miss payroll once and you can lose the people who keep the restaurant running. Here are the realistic options.
If the gap is real, alternative lenders can fund in as little as 24–48 hours based on your sales. It is more expensive than bank money, so take only what you need and have a plan to pay it off.
Payroll gaps usually come from seasonality, a slow month, or expensive debt eating your revenue. A line of credit set up in a good month, or refinancing expensive daily payments into cheaper money, can stop the next gap before it starts.
We look at why the gap happened, find the fastest money for this week, and build the plan to move you to cheaper financing so it does not repeat.
Tell us what you need. A concierge calls you back. See also: Emergency funding.
Yes. Short-term funding and lines of credit are commonly used to cover payroll during slow periods or cash gaps.
Alternative lenders can often fund in as little as 24–48 hours. Bank options are cheaper but slower.
Usually a business line of credit from a bank, opened before you need it. Fast funding costs more and is best kept short.
General information, not financial or legal advice. Dracarys Finance LLC is a commercial finance broker, not a lender. All credit decisions and terms are set by third-party lenders and investors.
Two minutes. No obligation. Your concierge calls you back.
The oven dies on a Friday night. The walk-in stops cooling before a delivery. Every hour without equipment costs you sales. Here is how restaurant owners pay for it.
Read the guide →A low score, past defaults, even a bankruptcy. Many owners think the door is closed. It usually is not. It is just a different door.
Read the guide →Fast funding solved a problem once. Now the daily or weekly payments take a slice of every day’s sales. There is often a way out.
Read the guide →