A restaurant group refinances three advances.
Four locations, three stacked advances, one consolidation that freed roughly $1,900 a month. The before-and-after, with the math.
Three advances, three daily debits
Cardoza Hospitality Group grew fast — four locations in three years. Each expansion was funded quickly with a merchant cash advance, the right tool at the time: same-day capital that let them sign leases and build out kitchens without waiting on a bank.
But the advances stacked. By this spring, three were running at once, each pulling a daily holdback from sales. The business was healthy — the daily debits just left no room to breathe between them.
Refinance into one predictable payment
The advances had done their job; now the group had two years of history and steady revenue across four locations. That track record qualified them for something the early-stage business couldn’t have gotten: a single, lower-cost term loan.
Emet underwrote the consolidated picture, paid off the three advances at their discounted payoff balances, and rolled everything into one fixed monthly payment.
Product usedTerm LoanOne payment, breathing room back
Three daily debits became one monthly payment the team could actually plan around — and the lower cost freed roughly $1,900 a month back into operations.
The advances got us open. The term loan let us run. Nobody had ever just laid the two side by side and shown me which made sense when.
Managing partner, Cardoza Hospitality Group
Carrying stacked advances? Let’s look.
We’ll lay your current debt next to a consolidation and show whether it actually saves — with our fee in plain view.