Contact
Subscribe
Dec 18, 2008
Advertisement
Improve Your Business With the Help From Interbay Funding : I own and personally manage a small chain of restaurants All in all, I have a little above a hundred people working for me and we have been a close knit group, more like a family already as I not only know each of their names, but their own families as well.
It has been a very good business for the past ten years until about a couple of years ago. Our numbers were slowly going down. We have noticed that less people, especially families, were going out on weekend nights to have dinner. I just attributed it to the economy with more and more people trying to learn and practice the virtue of saving. Suddenly, dining out has become more of a luxury.
So that was when I decided to do a revamp for all of my restaurants. I decided to hire an interior designer to help me improve the look and feel of the restaurants and I also hired a contractor to make the necessary face lifts for our establishments. Needless to say, I knew it was going to be expensive.
A former business partner introduced me to interbay funding. Since my restaurant wasn’t eligible for their loan programs, I instead used an apartment building I owned to secure the loan. Interbay funding was very helpful and quick with their assistance. They gave me a 15-year amortization, I asked for adjustable rates and they accommodated my request, and I even liked their automatic payment options. It freed me from writing checks every month. Now that’s a little convenience that I truly appreciated.
With the new funding that I received, I was able to accomplish my goals. Now my business is profitable once again.
Random Posts
Comments Off
Business, funding, funding interbay, interbay, interbay funding