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Bentwood Financial Group Assists Restaurant Owners with Short-Term Working Capital Loans!
1 pages
Published by
associate8
Texas based Bentwood Financial Group has rolled out a new restaurant loan program
that assists restaurant owners either turned down by the banks or not able to
acquire working capital for their businesses.
Fort Worth, TX, April 01, 2010...
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Texas based Bentwood Financial Group has rolled out a new restaurant loan program
that assists restaurant owners either turned down by the banks or not able to
acquire working capital for their businesses.
Fort Worth, TX, April 01, 2010 -- Daniel Trevino, owner of Bentwood Financial,
stated that more than 50% of loan requests made by restaurant owners are denied by
the banks for two main reasons.
First, the failure rate in the restaurant industry
is high and second the collateral is considered a soft asset and banks would rather
have hard assets as collateral to secure the loan when funding a request.
Since 2007, Daniel has been working with small business owners in the restaurant
and hospitality industries with alternative financing options for their working
capital needs.
In the early years of business, when you need financing the most, a
high percentage of restaurant owners are turned down by banks due to credit
problems and/or lack of business history.
Loan denials from banks
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banks,
bentwood,
business,
businesses,
capital,
collateral,
credit,
daniel,
financial,
free,
high,
loan,
loans,
owners,
program,
restaurant,
working
