Reuben, I think Robert is right when he says that your chances of securing a loan with a challenging credit score are probably pretty dismal. Especially in times like this.
Moreover, restaurants or the hospitality industry in general are among the riskiest businesses there are, with very few start-ups being in business long enough to celebrate their first anniversary.
Since equity seems to be the only option that's realistically available to you, you have to quit wasting your time posting requests for funding on websites like this. This will not amount to anything, except that you may make a few contacts to professionals who are willing to point you in the right direction.
Securing funding for any business requires a precise plan and a lot of commitment. Instead of hoping that one day your investor will reply to one of your posts, you'll have to sit down, make a plan, and gather some insights on how to identify investors, approach them, and communicate with them.
It will require a lot of legwork, but it can be done. If you need a few pointers, please feel free to review our white paper on "How to reach High-Net-Worth Individuals with your Private Placement". This paper is available at
We put this white paper together while raising $4.5 million in Series A Preferred Equity for our distressed residential real estate investment fund. It's a step by step road map and decision-making tool. It even includes some of the marketing collateral we used to approach investors. It won't be easy and it will take time, but it's doable if you understand how it works.
If you have any questions, please feel free to send me a PM and I'll see if I could give you a few additional pointers.
I hope this helps.
Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.