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La Perla Cocina

San Diego, CA

In need of financing for equipment purchases and repairs, Guillermo came to Mulligan Funding.
Since then, we have built a long-term partnership and look forward to Guillermo's continued success!

The Background

Mexican born and raised, Guillermo studied tourism – anticipating that a sea of job opportunities would await him in Mexico’s vacation destinations. When these opportunities were not as bountiful as he’d expected, Guillermo decided to try his luck in San Diego.

 

A couple of Guillermo’s friends living in San Diego encouraged him to get into the restaurant industry. Guillermo began at the bottom; bussing tables and working his way up to becoming a server. After learning the ins and outs of the industry, Guillermo and two of his friends decided to start their own restaurant.

 

Guillermo felt that their restaurants’ location was the main reason sales were mediocre, so within a couple of years he ventured out with aspirations of starting his own restaurant. A personal connection referred Guillermo to a location in Pacific Beach that was looking for a renter; he decided to go for it. That’s when he opened La Perla Cocina Mexicana

Business Facts

Established

2010

Industry

Food and beverage

Business Type

Mexican restaurant

Location

San Diego, CA

Size

Three locations
throughout San Diego

Customer Since

2014

Funding Use

Equipment purchases and repairs

The Challenge

After building the foundation of La Perla Cocina, Guillermo was hit with some unexpected expenses and
was in critical need of business financing.

The Outcome

The first loan received through Mulligan enabled Guillermo to repair his main cooler and to purchase additional equipment for the kitchen.

 

After a positive experience the first time around, Guillermo came back to Mulligan for a second loan to open up an additional location in PB that his son now manages.

 

Moving forward Guillermo has dreams of opening a taqueria. He’s confident that his entrepreneurial spirit and ideas combined with funds received through Mulligan will help realize that dream in no time.

"I felt more relaxed having money from Mulligan to back me and my business in times of need1."
- Guillermo

See How Much You Qualify For

If you're in a similar position as Guillermo and could use additional capital to help with equipment purchases and repairs, talk with our loan advisors today.

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