Monday was the Grand Opening of Crossroads Bar & Grill in Bellevue. The newest edition of the Neighborhood Grills restaurant group was built using barter financing. Crossroads Bar & Grill took out a line of credit from BizXchange that enabled them to purchase the goods and services they needed to build the new location. The [...]
In the following videos John Schmidt, owner/operator of Neighborhood Grills, discusses his six year relationship with BizXchange. Although his original motivator for joining was to advertise on bus boards, he has found many additional resources for maintenance and expansion of his restaurant group. When Schmidt joined BizX, Greenlake Bar & Grill was his only restaurant. [...]
The build-out at Crossroads Bar & Grill is well underway and their opening in April is fast-approaching. The building of this restaurant is in part being financed with barter, which is an efficient option for companies looking to build a new location. When companies choose to use barter financing for their build-out, they purchase the [...]
One of the most exciting trades we broker is a new location build-out. Most often we see this with restaurants. They use BizX members to complete the required components for a new building, often including the electricity, plumbing, painting, granite, windows, furniture and flooring. A credit line is used to facilitate the build. This is [...]
