We underwrite restaurants the way restaurants actually work.
Prepline Capital is a direct funding source for restaurants, bars, hotels, caterers and food trucks, based in Miami, Florida. We underwrite working capital, lines of credit, equipment financing and factoring in-house, off your bank statements, with 2-page contracts and no POS split.
What we are
Prepline Capital is a direct funding source for restaurants, bars, hotels, caterers and food trucks. We underwrite working capital advances, lines of credit, equipment financing and factoring facilities in-house, off your bank statements, and we fund them from our own capital. SBA 7(a), SBA Express and term loans above $500,000 are packaged by us and placed with our bank and SBA-preferred lending partners, because that is who funds those products.
Prepline Capital is headquartered at 9719 S Dixie Hwy #8, Miami, FL 33156.
What we believe about this industry
Restaurants get underwritten badly. The standard model treats a 30% swing between February and August as instability rather than as the normal shape of a hospitality P&L, and it treats a processor feed as the whole picture when a neighborhood bar or pizzeria can run 20 to 40% of volume in cash.
The lending data doesn’t support the stereotype either. Full-service restaurants charge off on SBA debt at 9.9% against an all-industry rate of 15.4%, and the average SBA restaurant loan is $483,000 over 148 months — a bigger, longer loan than the national average, performing better than average. Restaurants are not bad credit. They are badly read. The full data table is on the SBA page.
So we read them differently: average daily balance over top line, deposit consistency over a single good month, your floor instead of your average, and cash deposits counted the same as card.
How we work
In-house first
Every file goes to our own underwriting desk before it goes anywhere else. You get a real answer from the people who make the decision.
Numbers before signatures
Amount, total payback, payment and schedule, on screen, before you commit to anything. The contract is two pages.
Call us before you stack
If the payment stops working, we would rather re-term a live file than watch an operator take a third and fourth position. That conversation costs you nothing.
No automated outreach
We don’t run drip campaigns. If you hear from us, it’s a person who has read your file.
The straight version of what this costs
Fast money is expensive money. A 12-month working capital advance is the most expensive product we offer, and it exists because a dead walk-in on a Friday doesn’t wait 45 days for an SBA approval. If you have 680 credit, two years of returns and a month of runway, SBA will cost you a fraction of what we charge for an advance, and we will tell you that on the phone. We would rather place you correctly once than fund you wrong twice.
Prepline Capital is a new brand and does not claim otherwise. We do not publish testimonials we did not receive, funded-volume figures we cannot support, or awards we did not win. Every number on this site is a real criterion or a representative example, labeled as such. See compliance and disclosures.
More: the six products · compliance & responsible funding · the partner program · contact.
Talk to the desk that makes the decision.
In-house underwriting, a two-page contract, and a person on the phone who has read your file.