Picture a Thursday when the walk-in fails. We start with that scenario, then work backward to the payroll, rent and tax cycles around it.
Apply Now →It is mid-afternoon. The compressor stops, the temperature climbs, and the kitchen has a few hours to move or lose several thousand dollars of food. Replacement is a quote, a deposit and an install date. That is one kind of cash emergency: a large cost with a clock on it.
It differs from the second kind, the slow stretch, where each week brings in a little less than it costs. Both end in the same place, a shortfall on a payroll day. But they call for different amounts and different planning.
Amarillo, with 200,393 residents in the 2020 census, is the largest city in the Texas Panhandle, and a bad week at any restaurant can come from weather, a road closure or a competitor's opening. For illustration only, a restaurant with $9,500 in weekly sales and $9,000 in weekly costs makes a thin $500 profit. One week at $7,500 means a $1,500 loss, and four such weeks mean $6,000 that has to come from somewhere. These numbers are invented to show the arithmetic and are not our terms.
| Equipment failure | Slow stretch | New location | |
|---|---|---|---|
| Size of need | One large cost | Several small gaps | Build-out plus pre-opening payroll |
| Deadline | Hours to days | Each payroll date | Opening date |
| Best question | What is the quote? | What is the weekly gap? | How many weeks until break-even? |
Restaurants collect sales tax and owe it to the Comptroller, which notifies each filer by letter whether to file monthly or quarterly. The maximum combined state and local rate is 8.25%, and filing on time earns a 0.5% discount. Quarterly wage reports and unemployment taxes are due to the Texas Workforce Commission by the last day of the month after quarter end. Keep both out of the pool of cash you treat as available.
Funding runs from $25,000 to $5,000,000, with funds possible in as little as 24 hours after approval. The application takes about five minutes and starts with a soft credit pull, and sole proprietors can apply. For a one-time purchase see equipment financing. For a run of tight weeks see working capital, and for faster options same-day funding. Contractors nearby face a different timing issue, covered on construction funding.
A cooler is one large cost with a deadline. Slow sales are repeated gaps on payroll dates. They call for different amounts and timing.
Yes. Sole proprietors can apply, and the application is about five minutes.
Add build-out cost and pre-opening payroll, then estimate how many weeks the new site takes to cover itself. Ask for the total gap, not just the build-out.
No. It is collected for the state and due on the Comptroller's schedule.
In as little as 24 hours after approval, from $25,000 to $5,000,000.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
