Introducing Square Loans for Caviar Restaurants

Introducing Square Loans for Caviar Restaurants
Now, select Caviar restaurants may be eligible for funding through Square Capital.
by Square Dec 04, 2017 — 2 min read
Introducing Square Loans for Caviar Restaurants

Caviar partners directly with restaurants to help them expand their dining rooms and reach new customers. Now, to further empower restaurants, select Caviar restaurants may be eligible for funding through Square Loans.

Both Caviar and Square Loans are part of Square, which creates tools that help sellers of all sizes start, run, and grow their businesses. Square Capital facilitates small-business financing with simple payback and no hidden fees. Over the past two years, it’s helped over 140,000 businesses grow with more than $2.1 billion in financing.

Eligible Caviar restaurants will receive their loan offers via email. The application process takes just a few clicks, and upon approval the funds can be transferred into a borrower’s bank account in as little as one business day. Repayment is simple — pay off your loan with convenient automatic deductions from your linked bank account so you don’t need to worry about missing a payment. You can also prepay at no additional cost.

Funding through Square Loans can be spent on whatever your restaurant needs to grow.

At the beginning of 2017, we asked 7,000 sellers (1) who accepted loans through Square Loans to tell us how they used their funding. Here are the top ways that they used their funds:

Maybe one of the use cases listed above makes the most sense for your business. Or maybe your business would benefit from adding new menu items, entering a new market, or opening a new location. Whatever it is, funding through Square Loans could help you realize it.

Learn more about Square’s full suite of solutions for businesses.

(1) The January 2017 Survey conducted by Square Capital represents a mix of respondents who accepted merchant cash advances and loans through Square Capital from January 2016 to December 2016.

This communication is for informational purposes only and is not intended as financial or legal advice.

Square Capital, LLC and Square Financial Services, Inc. are both wholly owned subsidiaries of Square, Inc. Square Capital, LLC d/b/a Square Capital of California, LLC in FL, GA, MT, and NY. All loans are issued by either Celtic Bank or Square Financial Services, Inc. Square Financial Services, Inc. and Celtic Bank are both Utah-Chartered Industrial Banks. Members FDIC, located in Salt Lake City, UT. The bank issuing your loan will be identified in your loan agreement. The individual authorized to act on behalf of the business must be a U.S. citizen or permanent resident and at least 18 years old. Loan eligibility is not guaranteed. All loans are subject to approval.

The Bottom Line is brought to you by a global team of collaborators who believe that anyone should be able to participate and thrive in the economy.


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