Restaurant Expansion
Case Overview
Reason: Business Expansion
Funding Amount: $60,000
Approval: $89,000
Industry: Restaurant
Use of Funds: Business Expansion
Program Type: Working Capital
The Story
Meet Nicholas Orchano, a financial advisor here at Capital Infusion, as he sits down with us to talk about a restaurant owner in Washington that he has helped twice.
Nicholas walks us through when he met the client, what the client's needs were, the timeline his client needed the money, and how he was able to secure $60,000 in working capital.
The Details
The Client
Restaurant owner based in Washington.
Successfully operating her first location.
Planning to expand by opening a second location.
Later plans to open a third location.
Unfamiliar with financing options, they had never applied for business funding before.
The Situation
Needed $60,000 in working capital to:
Launch her second restaurant location.
Purchase equipment (fridge, stove).
Hire staff.
Execute her floor plan and setup.
Required fast funding within 24 hours.
Wanted the new location to be run by her daughter, who recently graduated from college.
The Solution
Capital Infusion structured a $60,000 working capital loan.
Funded on a 12-month term with monthly payments.
Tailored terms to fit her budget and revenue forecast.
Funds were deposited by lunchtime the next day, as promised.
Maintained ongoing communication from October 2023 through funding.
After opening, she shared progress and updates, including ribbon-cutting photos.
Two months later, she achieved her highest monthly revenue ever.
Now planning to open a third location this year.