Industries

Restaurant Business Loans & Financing

From small cafes to franchise establishments, we’ve provided businesses nationwide with restaurant loans!

We're a Funding Partner with a Proven Track Record

Since 2013, we’ve grown with companies we support.

BUSINESSES FUNDED
10000 +
CAPITAL PROVIDED
10 + MILLION
TRUSTPILOT REVIEW
1

What Are Restaurant Loans?

Restaurant loans are business loans but only for the restaurant industry. They are tailored to the recurring expenses and cash flow needs of food service companies. Each loan is uniquely tailored to the needs of the individual restaurant. Such loans can provide much-needed cash even during slow times of the month or year.

How Restaurant Loans Work

Restaurants that require working capital, most especially when they are still in the early stages of the business are given restaurant loans. These loans provide them with the resources to pay their employees, purchase products and cooking equipment, and even pay the lease for the building and other bills when business is very slow during parts of the year.

How To Use a Restaurant Loan

This is just one of many ways to use a restaurant loan. Whether expanding operations, hiring staff, or tackling a remodel-check out How Much Does it Cost to Renovate a Restaurant? for details-here are some of the most common uses.

Expansion

Expand your restaurant business to a new location.

Equipment

Buy new cooking equipment to outfit your restaurant kitchen.

Staffing

Hire new restaurant staff to give your guests the best service.

Why Apply for an Auto Repair Business Loan?

Purchase Inventory

One reason people seek restaurant loans is to secure enough inventory to launch their business.

Invest in Marketing

Marketing is essential for every business. Secure financing for your restaurant to expand operations.

Implement an Online Ordering System

Launch an online ordering system to enhance customer satisfaction and save time.

Minimum Eligibility Requirements

Time in Business

Minimum 1 Year

Business Annual Growth Revenue

No minimum

Business Checking Account

Yes

US Citizen/Based Company

Yes

FICO Score

500+

Other Financing

Subject to underwriting

Bankruptcies

None Preferred

Better Your Business With
SVP Funding Group

Open New Locations

Hire Restaurant Staff

Invest in Marketing

Purchase Equipment

Buy Inventory

Invest in an Online Ordering System

Restaurant Loans FAQ

You can use equipment loans, business lines of credit, working capital loans, traditional commercial lending, and inventory financing if you require restaurant financing. Some loans can be used for many purposes, but others can be used for only one specific business need.

Yes and no. It is very hard to obtain some sort of loans to finance a restaurant. People with good credit scores or other success in business are more likely to get restaurant loans than those who have never done business before or who have bad credit.
Most lenders require a minimum credit score of 640. However, some may accept lower scores if you can invest more cash in the business.

The average restaurant owner can receive anywhere from $5000 to $1 million or more in loans to open a restaurant. Because each situation, business plan, and business owner is so unique, a lender will have to be discussed with by the future restaurant owner for more information.

 

Yes, but at an added price. Those borrowers who fall below 600 credit score are expected to pay a higher interest rate on their loans and for shorter loan terms with the possibility of having to put more cash up front into the loan itself.