Source of Influence Inc. 

DBA 

Qcrew BBQ Catering Co.

Financing Criteria Page

Thank you for considering QCrew for financing!

We are going to be looking to obtain financing within the next couple of months and are looking to partner with a funder  who understands our needs and can make us an offer that will address them. To that end, there is some information below that I would ask you to read and understand, and then follow the instructions for reaching out to us.

If you follow the instructions lead below, I can make you a personal promise that I will respond to you, even if we decide not to accept your offer. 

PLEASE NOTE: if you do not address our needs in the way we ask, then we will have no further contact with you and block any communications. 

Ed Dixon

Qcrew Catering

Who are we at  Qcrew Catering?

We have been around for 17 years as a barbeque caterer in central NJ and developed a very strong brand. All you need to do is search for “QCrew BBQ” and read our reviews. We sell- funded until 2019 when we took out our first SBA loan help with the purchase of some equipment. Then things got rough in 2020 for three years during the pandemic. We stayed around but 35%+of those people in our business disappeared. We did get some government money to help and that made a difference. 

Why we are looking for Financing

Coming out of the pandemic we figured we would just continue that way, but it turned out that many of the people who worked in our industry, went and decided to do other things. Prior to the pandemic we had operated as an eight month business, because barbeque catering is a really big thing in New Jersey between May and October and we had nice Christmas sales…  But we would do 80 to 85% of our revenue in those months, usually between $1.1 -1.4 million. During the winter months, many of our people went on unemployment found other jobs, etc.… However, after the pandemic we found we could not keep people employed unless we could give them full year employment and so we decided to try the retail route by opening up our QCrew outpost this January.

That was where we took out the Ondeck loan and the second SBA loan, but the MCA loan was probably a mistake because it was a high APR and as you’ll see from the info I put below. It’s a sizeable portion to pay each month… That loan will finish up in December and we could probably gut it out till then, but it’s not allowing us to grow the way we need to.