Restaurant Secures Equipment Financing After Other Banks Refuse

$250,000 Restaurant Equipment Financing

When a well-known Austin area restaurant was looking for help in financing equipment for their fifth location, they turned to Business Bank of Texas. 

After other banks proved reluctant to offer financing based on overall industry performance, the borrower found that Business Bank of Texas looked at the individual company instead when making it's credit decision.

To learn more about how businesses can qualify for loans please consult our Business Resource Center for this article  Understanding your company's debt service ratio and more guidance from our team of business experts.

 

Ed Lette

Business Bank of Texas

Ed Lette is Founder, Vice Chairman of the Board of Directors at Business Bank of Texas. Serving as a licensed CPA since 1983, Ed’s extensive experience in the banking industry has led him to become the founding president of four national bank charters including Business Bank of Texas, N.A., and the chief financial officer of five national banks during his 45 year career. Ed serves as director of the Texas Bankers Association District 4, chairman of the Executive Advisory Council to the School of Business at Texas Lutheran University, and is a life member of the Texas Association of Business.

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