Grand Opening Program
Funding programs for New Restaurants,
Beauty Salons and Spas.

Cash advance and funding programs for new restaurants, beauty salons and spas

Money Man 4 Cash Advance understands that many start-up businesses lack the cash flow needed to succeed once they have opened their doors. They require sufficient capital to get underway and to attract primary customers at the beginning, for this purpose businesses choose to kick off with grand opening. To provide assistance to these business owners Money Man 4 Cash Advance presents a special cash advance program available to merchants.

Business Funding Objective

The Grand Opening Program is intended for new eating and drinking founding, top class beauty salons and spas, which are capable of getting big early sales and future growth. As the name entails, the Program provide the cash advance to the businesses for their opening phase, once they are able to see five well-built consignments from the client’s processing. Furthermore, the grand opening program offers the support to any eating and drinking enterprise, high-end beauty salon or spa that has the running life time period of less than nine months or completely taken over by the new management.

Cash Advance Prerequisites

This business cash advance program is not a traditional type of loan, in fact it is kind of need based finance product that requires the acquisition of future debit and credit card receivables. Grand opening program requires no personal collateral, the principle eligibility criterion is based on the strength of owners business.

The basic requirement for the grand opening program is to show the financial strength of the owner to get his doors open. Money Man 4 Cash Advance do not provide any start-up business cash advance prior to opening in this offer.

Here are some of the other basic business loan requirements:

  • Credit Card processing changed to money man 4 integrity
  • Must demonstrate five credit card processing batches (1 batch/day) before funding occurs
  • 20% is the typical specified percentage, but can be lower
  • Approved funding amount will not be provided until:
    • Client can prove ownership
    • Business property lease or mortgage has been executed, with copy sent to Money Man 4 Cash Advance
    • Business license has been executed, with copy sent to Money Man 4 Cash Advance
    • Liquor license (if applicable) has been executed, with copy sent to Money Man 4 Cash Advance
    • Money Man 4 Cash Advance receives a firm opening date
    • Site visit or phone interview has been completed
  • Factor rates starting at 1.399

Beneficial & Flexible Money Funding Philosophy

Above all the benefit of using grand opening program is that it possesses the advantages that can not be found in any of the other lenders and financing sources. The main theme of this program is not to facilitate the fresh owners to get their business doors unlocked, instead it provides the assistance to the owners to endure the initial critical months.

Money Man 4 Cash Advance Credibility

Credibility of the Money Man 4 Cash Advance among the eyes of the business owners is very high, since the year 2007 we are in the financial service market and have given hundreds of millions of dollars to all types of businesses through grand opening and other funding programs.

Eating & Drinking Establishment / Restaurants Grand Opening Program Parameters

  • Prior full service restaurant, bar or night club management or ownership experience a plus but not required
  • Targeted restaurant, bar or night club profile:
    • Potentially high-volume restaurants or night clubs, serving alcohol
    • Full service, family style restaurants or diners
    • High-volume fast casual restaurants, franchise concept preferred
    • High-volume fast service restaurants, franchise concept preferred
    • Preferred seating capacity of at least 50 or more
    • Should be in a top 25 metropolitan statistical area (not required but prefer to have high volume establishments.)
    • Must be a corporation, LLC or LLP (no sole proprietors)

Required Documents and Information for Eating & Drinking Establishment / Restaurants Funding

  • Money Man 4 Cash Advance application and information form
  • A brief resume of the business owner's prior career and work experiance
  • Menus for breakfast, lunch, brunch and dinner where applicable
  • Full copy of executed property lease
  • Full copy of executed liquor license
  • Full copy of executed franchise agreement (if applicable)
  • Photographs, inside and outside, preferably in electronic format
  • Prior restaurant experience in the form of a simple resume or letter
  • Business plan including financial projections preferred but an informal document with business projects may be considered
  • Purchase and Sale Agreements if the business or assets were purchased from a seller
  • If already Open add these items
    • All credit card processing statements since business has been established
    • All bank statements since business has been established (we don't need pages of the bank statement those consist of images of checks)

Salon / Spa Business Funding Parameters

  • Prior full service beauty salon or spa management or ownership experience a plus but not required
  • Targeted beauty salon or spa profile:
    • Potentially high-volume beauty salon or spa
    • Square footage of 1,500 square foot or greater preferred
    • Multiple services provided
    • Ten to fifteen stations preferred
    • Top in 25 metropolitan statistical area (not required but prefer to have high volume establishments.)
    • Must be a corporation, LLC or LLP (no sole proprietors)

Required Documents and Information for Beauty Salons & Spa Funding

  • Money Man 4 Cash Advance application and information form
  • A brief resume of the business owner's prior career and work experiance
  • Product & Service List
  • Full copy of executed property lease
  • Full copy of executed franchise agreement (if applicable)
  • Photographs, inside and outside, preferably in electronic format
  • Prior restaurant experience in the form of a simple resume or letter
  • Business plan including financial projections preferred but an informal document with business projects may be considered
  • Purchase and Sale Agreements if the business or assets were purchased from a seller
  • If already Open add these items
    • All credit card processing statements since business has been established
    • All bank statements since business has been established (we don't need pages of the bank statement those consist of images of checks)