Why restaurants in Houston qualify
Restaurants in Houston are classified under Restaurants and Other Eating Places, an eligible category. Industry is therefore not the question; the four things every file is read on are.
The cash-cycle problem
Card settlement in one to three days; almost no receivable.
In Houston that usually means capital goes to kitchen equipment, build-out, a second location, payroll through a slow month, delivery integration.
What applies in Houston
Houston runs on energy, the ship channel and medical centre employment.
Texas funds normally on every tier.
Health department permits apply.
The published thresholds
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
Questions
Do you fund restaurants in Houston?
Yes. The category is eligible; the file is read on revenue, deposits, time in business and existing positions.
What credit score is needed?
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
How fast can funding arrive?
Same-day decision and next business day funding on a complete file.
What if revenue is seasonal?
Seasonal by concept and location; weather and tourism drive the swings. Underwriting reads the average and the deposit count, not the peak month.