$10M+ a year
$10M and up: you have a lender. We're the second opinion and the growth channel.
Larger groups already have a banking relationship. What they come to us for is capital that brings guests with it, a faster path for a new market, or an honest comparison before a board meeting.
Dining credit: core mandate
What it looks like
Dining-credit partners have funded groups with dozens of locations; at this scale the product is as much a marketing channel as a financing one.
For everything else, your CFO has a lender. We'll give you the modeled cost of each option on your numbers; the rest is your capital stack.
Typical raise at this size$1M to $10M
Credit to honor2× the raise
Instruments we'd model first
- Dining-credit purchaseQuality full-service restaurants with empty seats funding a specific growth project
- SBA and bank loansOwners with time, strong financials and the willingness to guarantee
Doing $10m+? See whether the rest of the profile fits.
Covers Advisory is an independent capital advisory, not a lender. We do not make funding decisions, and we are compensated by funding partners when a placement we arrange closes. Our recommendation is the same whether or not a partner pays us. How we're paid.