I am currently in the design and remodeling stage of a wine bar i am the owner of. The landlord is investing some money into the remodeling and permitting, and i am investing my own money into the equipment.
Anyone have some experience in sourcing a loan for funding your first business? i do not have collateral as i have all my money going into investing in the opening, and i still need to get additional money towards the build-out, equipment and cash reserves for opening. It has been tough to find a loan towards a full-service restaurant post-covid19. I am fully committed to getting this done, have moved in with my parents to save money and continue to pour my heart into this project.
If anyone could point me in the right direction, it would be greatly appreciated.