Posted on

Invest in Your Business With 

Liquor License Financing

If you’re looking to expand your business, a liquor license may be just what you need. However, acquiring a liquor license can be expensive. But did you know that you can finance your liquor license? With a liquor license loan, you can get the licensing and financing you need to help grow your business.

What Is a Liquor License Loan?

A liquor license loan is a type of business loan that helps you finance the purchase of a liquor license. You can use this financing option to help cover the initial cost of the liquor license and any associated fees.

Liquor license financing can become an excellent investment for the right reasons. It can help you expand your liquor-serving business by allowing you to purchase a liquor license, which can signify an increase in revenue.

Why Finance a Liquor License?

While there are many reasons a business owner would want to finance a liquor license, some of the most common scenarios are the following:

  • A business owner who is opening a bar or restaurant realizes that funds may run low after construction is complete, so they decide to take out a liquor license loan to cover the liquor license fee and any other remaining costs associated with opening their new establishment. In this situation, a short- or long-term loan, as well as other financing options, can be a helpful way to acquire a liquor license and begin operations.
  • A business owner wants to expand their business by adding liquor options to their menu but doesn’t have enough funds to cover the cost of the new license and the operations. In this case, it may be ideal for them to finance the liquor license fee to free up working capital for other purposes.

Benefits of Liquor License Financing

There are many benefits to getting a liquor license loan. With this type of loan, you can:

  • Get the funding you need to purchase a liquor license
  • Finance the associated costs of the liquor license
  • Use the loan for other business purposes

How to Get a Liquor License Loan

If you’re interested in obtaining a liquor license, there are a few things you should know. The process can be complicated, and it’s crucial to have all the correct information before you begin.

There are a few different ways to finance your liquor license. One option is to take out a loan from a bank or other financial institution. However, this can be challenging if you don’t have perfect credit. Another option is to work with a liquor license financing company, such as Liquor License Professionals. Contact us today at (321) 274-7104 or (386) 222-9668, or use our online contact form to discover your options.

Benefits of Having a Liquor License

There are a few key benefits to having a liquor license, such as:

  • Access to a broader range of customers: Customers looking for a particular type of liquor will often only patronize businesses with a liquor license.
  • Increased revenue: Liquor sales can be quite profitable, so having a liquor license can give your business much-needed revenue.
  • Improved customer satisfaction: Offering liquor can greatly improve customer satisfaction and keep them coming back for more.
  • Stay open late: Many liquor-licensed businesses can stay open later than those without a liquor license, which can greatly increase sales.

Easy Liquor License Financing

At Liquor License Professionals, we specialize in helping businesses obtain the funding they need to purchase liquor licenses. With decades of experience working with a vast network of restaurants, bars, hotels, and businesses in the hospitality and service industry, we can often provide loans with much better terms than banks or other lenders. If you’re considering purchasing a liquor license for your business, we can help you secure the financing you need.

For more information about our liquor license financing services, don’t hesitate to get in touch with us today at (321) 274-7104 or (386) 222-9668, or use our online contact form. We’ll be happy to answer any of your questions and help you get started on obtaining funding for your liquor license.

We always ensure to get in touch with our clients as soon as possible. You can also email us at info@liquorlicenseprofessional.com. Before you come to us, please be willing to share what kind of license you are interested in, what business you will likely be running, your location, and any relevant information on how you intend to sell alcohol. Thank you.

Posted on

Financing A Liquor License in Florida

4 Steps to Finance a Liquor License in Florida

The bar you could have with a liquor license

Are you considering financing a liquor license here in Florida? Whether you’re starting a new business or finally getting around to acquiring a liquor license, the process isn’t as simple as you may think. Instead of going to a bank or other financial institution, you’ll find it far more convenient to look online for other options. Online you’ll be able to find various lenders that can offer you a variety of loans across all different types of businesses and industries.

A trusted and experienced source of liquor licenses like us here at Liquor License Professionals will make this process easy for you and your establishment. In this blog, we will briefly go over the process of financing a liquor license.

How To Finance A Liquor License

Step One: Is Financing Needed?

The first thing that you’ll want to do is determine if you need a loan for your business venture. If you are willing and able to pay for your liquor license outright, that is always an option.

Along with this, you’ll want to do some research and ask a few professionals about what type of loan is best for you. The specifics of the financing process vary depending on the type of loan you are looking to apply for. Each type has a set of requirements for applying, so it is essential to carefully consider which is best for your business.

Once you have determined the type of liquor license loan that you need, you can then begin the rest of the financing process.

Step Two: Find a Financer

Once you have determined what type of liquor license loan you need, it’s time to start looking for a reputable liquor license financer. Choose one that can help your specific business the most and has a history of success and experience.

Always read and understand every detail of the loan you intend to use for your liquor license. You may want to find an attorney that specializes in business law to help you navigate this process more efficiently.

Step Three: Loan Application Information

Next, you’ll want to gather all the information you can to fill out your loan applications correctly. Be sure to send these applications to multiple sources, so you always have a backup plan if one falls through. You can contact lenders directly through more traditional methods or go online and fill out your loan application there.

The lenders will then assess your qualifications for the type of loan you applied for and the type of liquor license you intend to acquire. They will also take into consideration your credit score, type of business, and payment history.

Step Four: Obtain the Loan

If a lender feels that you meet or exceed the qualifications for the loan, they will lend you the money for your new liquor license! You may find that lenders may ask for more documentation before accepting your application. This could range from documents like personal tax returns and business tax returns all the way to copies of other business licenses you may hold.

Once you’re accepted, and the paperwork is complete, you can rest easy knowing that your liquor license is within reach.

Contact Liquor License Professionals

At Liquor License Professionals, we have the knowledge and expertise in liquor license financing that you need. We can help you obtain the liquor license you need to make your business even more successful, and we can do it without any hassle. In addition, we will also be able to help you get the best price on financing your liquor license. Some of the benefits of hiring us include:

  • Saving precious time: One of our highly-skilled liquor license professionals will help you speed up the process.
  • Eliminating the hassle: Since a limited number of liquor licenses are available in Florida, there is an intense market for buying and selling them. Our specialists will make sure everything goes smoothly with the financing and acquisition of your liquor license. 
  • Avoiding mistakes: Mistakes can cost you big time and money in this industry. Purchasing a liquor license without a professional could mean that you are paying an inflated price for a liquor license. Furthermore, missing a step in the process can tremendously slow down your progress and even risk not receiving your liquor license entirely!

Contacting Liquor License Professionals is the best way to ensure you obtain the liquor license you need without any complications or setbacks. Contact us today! You can also email us at Info@liquorlicenseprofessional.com.