Expected Increase in 2011 Restaurant Industry Sales

According to the National Restaurant Association’s 2011 Restaurant Industry Forecast that was released on February 1, 2011, “Restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth.” The Forecast projects an increase in industry sales in the amount of three point six percent (3.6%) over 2010. This is long awaited news for many restaurants.
 
Despite this good news, many restaurants and businesses are still currently struggling and experiencing low cash flow as they wait for increased sales to materialize. Compounding the problem, merchants are experiencing difficulty acquiring financing in this tight market as banks are enforcing stricter lending policies. Today, despite how exceptional your credit might be, the majority of businesses are experiencing difficulty acquiring financing.
 
Many merchant owners with perfect credit just a few years ago, as a result of the decline in revenue and economic hardship experienced by businesses over the past several years, now have blemishes on their credit report(s) and are no longer eligible for a bank loan for their business or even a personal loan.
 
Merchant Cash Group was formed specifically to address this problem.  Merchant Cash Group provides merchant cash advances to businesses that otherwise would not be able to acquire a restaurant loans through a bank or other lender.  Merchant Cash Group is a cash advance provider that provides funding to merchants that might not otherwise qualify for a traditional business loan from a bank, through its exclusive Fast Funding™ program.  Through Fast Funding, business owners can get the funds they seek by selling a percentage of their business’ future credit card receivables. Through its Fast Funding program, also referred to as credit and receivable financing, Merchant Cash Group provides small- to medium-sized businesses a place to turn for quick access to capital in a tight market in which the access to credit is limited.
 
Merchant Cash Group purchases at a discounted rate future credit card receivables from merchants.  By selling a percentage of their future credit card sales, Merchants are able to obtain the immediate financing they need to sustain themselves through periods of low cash flow.  Payment of receivables by the merchant to Merchant Cash Group is simple and easy, and is done automatically through what is called split processing.  A small percentage of each Visa and MasterCard sale transaction is utilized to pay Merchant Cash Group over time.
 
Basically, Merchant Cash Group pays merchants today, at a discounted purchase price, in the form of a merchant cash advance, for a percentage of a merchant’s sales that will be conducted over a period of time.
 
Applying for a cash advance is a quick and simple process.  Upon submitting an application to Merchant Cash Group, a merchant can receive the money they need within as little as 48 hours.  Complete the submission form located at http://www.merchantcashgroup.com to obtain an instant quote.

Many restaurant owners are worried that their negative credit history could be a problem. Not so with a merchant cash advance. Merchant Cash Group considers every merchant for potential funding, even those with bad credit, or those with liens, judgments or bankruptcies. Of those merchants that submit the simple application as requested, approximately 80% are approved for immediate funding.
 
In the April 14, 2010 New York Times article, titled The Tables Turn, William Neuman contends that restaurants all over the country are beginning to see signs of a potential recovery. Again, this is good news for restaurant owners.  Merchant Cash Group will provide businesses with the funding they require to bridge the gap between the tight market of today and the improved market of tomorrow.