A supplier who stops delivering can close your kitchen faster than any inspector. Here is how owners handle overdue supplier bills.
Call the supplier before they call you. A clear plan (“part now, the rest in two weeks”) keeps most relationships alive.
We find the fastest money to clear the bills now and cheaper money so it does not happen again.
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 pay supplier bills and inventory.
Suppliers may stop deliveries or require cash on delivery. Talking early and arranging financing usually prevents that.
Pay consistently on time and ask. Many distributors extend terms to reliable customers.
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 →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.
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 →