Eating & Drinking Places, restaurants, grocery stores, liquor stores, supermarkets convenient stores, gas stations with restaurants, food distributors, and mini markets can benefit from our financing solutions.
The food and beverage industry faces seasonal cycles. This environment demands creative thinking and, ideally, a close working relationship with a financial services firm like Lendinero that understands food and beverage and can help position the company for growth.
Top financial issues that the food and industry face are:
►Escalating labor costs
►Inventory levels and fulfillment rate
►Repair and maintenance
►Collection of receivables
Considering what’s at stake, and given the very specific challenges faced by the food and beverage industry, a company is best served by a financial services firm such as Lendinero with deep knowledge of the sector, one that can serve as a strategic partner as well as a capital provider. We can properly value industry-specific assets and are comfortable with the peaks and troughs of the business cycle.
Companies in the food and beverage industry need more than a banker in today’s very competitive environment; they need a strategic partner to help on both the cost side and revenue side of the business. A lender’s industry expertise will give the company access to know-how, insights and resources. Establishing a relationship with a financial partner — one that is ultimately a partner in growing the business over the long term — is well worth while.
Does Borrowing for your Food & Beverage Business Make Sense for You?
There are certainly costs associated with borrowing that need to be considered, but if the total cost of borrowing enables your business to generate more profits, resolve short-term dilemmas, force cash flow on accounts receivables pending; it could be a good decision—provided the numbers make sense.