During this unprecedented time of uncertainty, many of us have been met with moments of anxiety and time to reflect. At C&T, we want to be certain we are doing our best to support our communities at such a critical time. If you are running a curbside pick-up or delivery system, please let us know if there is anything our team can do to support your efforts.

At this point very few in America have not been affected by the virus and the resulting restrictive measures, quarantines, and social distancing. Current events are possibly putting financial pressure on your foodservice establishment. In an effort to provide any type of assistance we are able to as this rapidly evolving threat to public health unfolds, we would like to make the following resources known:

  • TimePayment, a lender LeaseQ works with, has put together a list of resources here, including information on distaster loans offered through the Small Business Association, to assist in getting through this time. 
     
  • LeaseQ, our lending partner, is offering working capital loan options for restaurateurs, as listed below: 

By filling out the simple application here, you can quickly be approved for up to $250,000*. Once the form has been submitted, a LeaseQ representative will be in touch to obtain the last 3 months of your business account's bank statements. 

Small Business Loan
Great solution for businesses with predictable cash flow
Simple way to preserve cash flow
Based on gross revenue
Easy credit guidelines

Merchant Cash Advance
Great solution for businesses with fluctuating credit card sales
Get 50-250% of your monthly credit card volume
All credit scores considered
Repayment based on credit card revenue

Line of Credit
Get approved for a line of credit and use only what you need

SBA Bridge Loan
Great solution for those approved for an SBA loan by giving you access to funds during the SBA waiting process

*Approvals for amounts greater than $250,000 are possible

Related Topics: COVID-19, finance