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Josh Kopel | Award Winning Restaurant Consultant

Ami Kassar: You Gave Away Equity for Nothing

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What if the reason you gave away a piece of your restaurant is a myth you never bothered to test?

Most operators believe banks will not touch a restaurant, so they go straight to investors, credit cards, or whatever money is easiest to reach. Ami Kassar has placed over a billion dollars in small business loans, and he says the restaurant exception does not exist.

In this conversation, we get into why a line of credit belongs in your business before you need it, how the cash advance built into your point of sale locks you out of real financing, and why the monthly payment matters more than the rate.

If you have never asked whether your restaurant is bankable, this is the episode that makes you ask.

To learn more about MultiFunding and their work helping entrepreneurs find the right financing, visit multifunding.com.

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