As a business owner with deep roots in the restaurant industry as a self-admitted foodie, I understand the unique financial challenges and opportunities of running a dining establishment.

“21 Best Options for Restaurant Financing and Loans” is more than just a list; it’s a comprehensive guide designed to empower restaurant owners with tailored financing solutions.

From traditional bank loans and SBA loans to innovative crowdfunding and merchant cash advances, this guide meticulously explores the most viable options available to support your restaurant’s growth, manage cash flow, and navigate the seasonal nature of the business.

My aim is to provide you with insightful analysis and practical advice on selecting the right financing strategy that aligns with your restaurant’s objectives and market dynamics. Join us as we delve into the 21 best financing and loan options, equipping you with the knowledge to secure the capital your restaurant needs to thrive in today’s competitive culinary landscape.

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What are the Best Options For Restaurant Financing and Loans? 

Are you looking for a restaurant business loan? Do you want to open a new restaurant? Or do you want to expand your current restaurant?

Restaurants come in a wide variety, from quick food chains to fine dining establishments. Each type has its own set of challenges and opportunities. 

This article will look at how to get restaurant financing and loans. 

There are two main types of restaurant loans: 1) traditional bank loans and 2) non-bank loans with online lenders. Traditional loans require collateral, while non-bank loans don’t. Non-bank funding options include SBA loans, crowdfunding loans, private equity loans, or funding from alternative lenders.

Restaurant Business Financing

We’ll help you learn about the numerous loan choices, what they entail, and how to determine which is best for your business’s success.

Restaurant financing options vary widely depending on whether you’re looking for a short-term or long-term loan, how much money you want to borrow, what type of restaurant you run, and where you live. 

This article covers 8 types of restaurants, 15 money-saving (or making) ideas, and 25 different loan types.

15 Money Saving (or Making) Ideas Before Applying for Restaurant Financing

Bars & Taverns

Restaurants are businesses where people come together to enjoy food and drinks and provide a place for friends, family, and strangers to gather and socialize. Restaurants are often places where we eat, meet up with friends, celebrate special occasions, and even relax.

You can make sure your restaurant runs properly in several different ways. Here are some tips to help you care for your restaurant equipment, from the kitchen to the bar.

#1 – Update Your Kitchen Equipment

If you don’t update your kitchen equipment regularly, it could affect how well your restaurant cooks. For example, old grease traps and fryers could lead to cross-contamination issues, and old pots and pans could cause uneven heat distribution. And outdated refrigeration systems could mean less space for your guests’ food.

Check your restaurant’s kitchen equipment every six months to keep things running smoothly. If your restaurant doesn’t have regular maintenance, consider hiring an expert to perform routine inspections.

#2 – Consider Upgrading Your Restaurant Equipment

Upgrading your restaurant equipment isn’t just about ensuring everything works properly; it’s also about helping your restaurant run efficiently. When your restaurant equipment runs smoothly, it allows you to focus on serving great-tasting food, and this helps increase customer satisfaction and makes your restaurant stand out among others.

Single-Unit Restaurants

There are many ways to improve a restaurant’s equipment for little cost, and these ideas can help you save money while improving your restaurant’s efficiency.

#3 – Use Restaurant Equipment Suppliers

Most restaurants don’t know how to maintain their equipment because they don’t use suppliers properly. If you’re looking for restaurant equipment, check out our partners here. They offer great deals on restaurant equipment, including refrigeration systems, ovens, fryers, prep tables, dishwashers, freezers, and more.

#4 – Check Your Inventory

Many restaurants think that having lots of inventory is better than having less. But it isn’t true. You’ll spend more money keeping your inventory stocked up than selling it. Instead, make sure you keep enough stock to meet customer demand. This way, you won’t run out of supplies, and customers will always find what they need.

#5 – Consider Refrigerated Display Cases

If you sell food products, you probably already know about display cases. These coolers store items like cheese, meat, produce, baked goods, etc. When you put your product inside, it stays cold thanks to special insulation. 

Most people think that buying a refrigerator case is expensive. But it doesn’t have to be. There are plenty of affordable options. For example, you could buy a simple, small fridge freezer. Or, you could go for a larger one that stores multiple types of foods. Either option works well for most restaurants.

Caterers

The National Association of Catering Executives (NACE), a trade association representing over 20,000 catering professionals across North America, was surveyed to determine how much money people spend on food while traveling. More than half of respondents spent $50-$100 per day on food during travel, and one in five reported spending more than $200 per day.

More than half of the respondents spent less than $250 per month on food while traveling. However, those surveyed did report some expenses related to travel. For example, nearly 40% paid for lodging, 32% purchased transportation, 25% bought entertainment, and 23% bought souvenirs.

Bakeries & Cafes

The average restaurant spends $3,500 per month on food costs. If you don’t want to spend money on expensive ingredients, it’s essential to invest in quality equipment. Some popular businesses are Bakeries and cafes because they offer convenience and delicious treats. 

Nonetheless, many local establishments have difficulty maintaining a competitive edge. Fortunately, there are ways to upgrade your kitchen and dining equipment without breaking the bank. Here are additional tips to help you save money while improving your operation.

#6 – Investing In Quality Equipment

When it comes to buying equipment, it makes sense to go big. Even though you’ll likely pay more upfront, investing in high-quality equipment will make your life easier. For example, a commercial oven can cost anywhere from $5,000 to $20,000. 

A good quality oven will provide consistent heat and air circulation throughout the cooking process, ensuring that baked goods turn out perfectly every time. When purchasing large appliances like refrigerators, freezers, dishwashers, and microwaves, look for models with warranties to protect against breakdowns. These items usually cost around $2,000 to $4,000.

#7 – Consider Off-Grid Options

If you’re running a cafe or bakery, you’re probably used to having access to electricity 24/7. When the lights go out, though, what then? Many bakeries rely on generators to keep their operations running smoothly during inclement weather. 

Generators are relatively inexpensive and easy to maintain, and they can run off propane tanks, natural gas, or diesel fuel. Before purchasing, check local regulations regarding where you can store these units. Some cities require permits, while others prohibit storing them within certain distances of schools or hospitals.

#8 – Look Into Repairs

Repairing old equipment isn’t just about saving money; it’s also about ensuring that your equipment works well. A trip to the repair shop is in order if one of your machines is malfunctioning. Repair shops often charge less than manufacturers, and they know how to fix broken parts. Additionally, repairing older equipment allows you to avoid replacing it altogether.

Specialty Food Shops

The specialty food industry is booming. With more people eating out, there is a growing demand for high-quality products. This trend is good news for small businesses like restaurants because it helps them compete against larger chains. Here are some tips for upgrading your equipment.

#9 – Find financing options.

To replace your equipment without incurring debt is now much more straightforward with modern financing options. Most traditional lenders offer financing programs specifically designed for the restaurant industry. 

If you’re looking for financing, do your research. Ask around about different business lenders and what kind of terms they offer. Then shop around for rates and interest payments.

#10 – Look for grants and rebates.

Many cities offer tax incentives for investing in new equipment. These include grants and rebates. 

Grants are money given directly to the business owner. 

Rebates are cash paid to the business owner based on their spending on certain items. Both types of incentives help offset the cost of purchasing new equipment. Check with your city government to see whether they offer such incentives.

#11 – Use social media.

Social media is an excellent option for restaurant owners to find deals on equipment. Facebook groups dedicated to the restaurant industry often post ads for equipment. Also, check online classified sites like Craigslist.org. Many restaurants use Craigslist to sell old equipment.

Mall Food Outlets

Food courts are a popular spot for people to eat and drink throughout the day, from breakfast to dinner. However, what about the times when you need something simple and fast? If you are looking for fast food options, there are plenty of places to choose. You can find it at most malls, whether pizza, burgers, sandwiches or hot dogs. 

However, some businesses offer better deals than others. Here are five recommendations to help you decide whether upgrading your kitchen equipment is worth the investment.

#12 – Compare Prices

Before making any decisions, you should compare prices. There are several factors to consider when comparing prices, including location, quality, brand name, and delivery fees. You can use price comparison sites like PriceGrabber.com to ensure you get the best deal.

#13 – Consider Quality

Quality matters. When buying anything, you always want to ensure you purchase high-quality products. These include appliances, countertops, sinks, faucets, etc. In addition, look for warranties and guarantees. A good warranty ensures you won’t pay out of pocket if something goes wrong.

#14 – Consider Brand Name

Brand names matter. Many brands sell high-quality products, but they don’t necessarily mean the product will perform well. Look up reviews online to see how well the appliance functions. Also, check out customer feedback. Some companies allow customers to post reviews online, which can provide insight into how well the product works.

Gourmet Food Stores

Upgrading your restaurant equipment will help you provide customers with better food quality and service. You’ll attract more loyal customers, too. And it won’t cost much money. 

Financing restaurant equipment upgrades is easier now than ever before.

There are many ways to finance your restaurant equipment upgrade. Some require no collateral; others do. Depending on your equipment’s age and purchasing equipment, you may qualify for a loan with favorable terms.

Food Trucks

The typical mental image of a food truck is a small truck with a trailer for selling tasty treats. While this may be true, food trucks have become increasingly popular over the past few years, and they are popping up all around the country, offering everything from tacos to sushi.

It’s estimated to be worth $1.2 Billion in 2022. In addition to serving tasty food, these mobile kitchens also serve another purpose: marketing. According to the NAMFV, food trucks generate an average of $250,000 to $500,000 per year in sales. That’s why many restaurants are turning to them to increase their profits.

#15 – Increase profits with a food truck

The Best Way To Finance Your Food Trucks Equipment Upgrades

If you’ve been considering purchasing new kitchen equipment for your food truck, you might wonder which option is suitable. Fortunately, financing your truck’s kitchen equipment upgrades is easier than ever. 

You can find the perfect loan options below for a commercial oven, refrigerator, or dishwasher. 

Why do Business Owners Apply for Financing?

Business owners often seek restaurant financing because it allows them to make improvements without selling equity in their businesses. 

However, this type of financing isn’t always easy to obtain. There are various financing options accessible, each best suited to a specific sort of loan.

Restaurant owners often struggle to find the money needed to grow their businesses. According to the National Restaurant Association, nearly fifty percent of restaurant owners in the United States reported having problems paying expenses during the past month.

This challenge makes it difficult for many restaurateurs to improve their operations, expand into new markets, or even cover basic expenses. In the restaurant industry, much depends on the establishment one operates.

While traditional bank lending isn’t always feasible for restaurants, alternative ways exist to finance growth. One option is to take out a lease or equipment loan. While these loans aren’t as standard as other financing forms, they provide flexibility and convenience for both parties involved. 

Restaurant Loans and Restaurant Financing That Fit Your Business

There are many ways to finance a restaurant; good options are available if you have a new restaurant or need some updating. If you’re looking for business financing, here are loans and financing options that might work best for you. 

Types of Restaurant Loans and Restaurant Loan Options

The Small Business Administration (SBA)

The Small Business Association (SBA) offers loans for startup businesses, expansions, working capital, and even real estate purchases. 

These loans come under several programs, such as 7(a), 504, and 8A. Each program has its requirements. However, some require collateral while others do not.

The SBA provides low interest rates on most of its loans, making it easier for small businesses to access funding. In addition, the SBA loan guarantees from 50% to 90% of the amount borrowed against certain types of loans. 

The 7(a) loan is for small businesses on the cusp of qualifying for traditional bank loans. To be eligible for the 7(a), you must meet specific criteria, including having less than 500 employees, annual gross sales of no more than $2 million, and a net worth of no more than $1.5 million. There are also credit minimums, collateral, cash flow, and other eligibility minimums. 

If you qualify, the SBA 7(a), this money can be used for anything related to running your business, such as payroll, inventory, equipment purchases, marketing expenses, etc.

Another option is the SBA 7(b). This program is similar to the 7(a), except it allows borrowers to take out more significant funds. For example, the maximum amount allowed under 7(b) is $10 million. However, the interest rates are much higher than those in the 7(a) program.

Finally, there’s the SBA Express Loan. This short-term loan can help cover startup costs like rent, utilities, furniture, and supplies and provide working capital for ongoing operations.

For more information about restaurant financing, contact us today. We offer flexible terms and competitive rates, and Sunwise Capital is ready to lend to qualified applicants.

Business Loans

You can use a business loan to finance equipment purchases, expansion projects, working capital needs, or startup costs. Depending on the lender, collateral requirements such as personal guarantees, real estate, or inventory may exist. 

Interest rates on a small business loan tend to be lower than those offered on consumer credit cards, and they usually come with more extended payment periods.

Commercial Real Estate Lending

If you plan to open a restaurant in commercial real estate, you’ll likely need to secure a construction loan. Commercial lenders can assess risk based on a property’s location, building size, and tenant mix, and they may require a security deposit, personal guarantee, or cash flow statement. 

Commercial lending institutions offer flexible repayment terms, making it easier to budget for monthly payments.

Loan Guarantees

In addition to traditional bank loans, there are several ways to obtain funding without putting down a significant amount of equity. Loan guarantors provide funds to borrowers who don’t qualify for conventional loans because of poor credit history, bankruptcy filings, or low income levels. 

There is no initial payment required for this type of financing.

Instead, the lender provides a letter of credit that guarantees payment. As long as the borrower meets specific requirements, the lender will assume responsibility for the loan. 

Lenders participating in this program include Kabbage Funding, Prosper Marketplace, and ZestFinance. 

A loan guarantor risks defaulting on the loan while the borrower still maintains asset ownership.

Restaurant Lines Of Credit

A Business Line of Credit is a restaurant financing option where you pay interest over a period of time. 

You can access more money from your lender with a revolving line of credit whenever needed. Unlike a traditional loan, business lines of credit aren’t repaid until the balance reaches zero. 

You can draw down on the money whenever you want, and it is an excellent option for restaurants because it gives you flexibility. 

You can access cash through a line of credit without liquidating any assets, and it’s a good option for restaurants that operate on a seasonal basis. Lines of credit work particularly well if you do not have much collateral, and you can use the funds to pay for inventory, equipment, or advertising.

Equipment Financing

An equipment financing program is a good choice for restaurants looking to buy new equipment. Most equipment lenders require a security deposit upfront, but there are no monthly payments once the equipment is paid off.

Equipment Leasing

Leasing is a great restaurant equipment financing option. It’s another way to finance equipment purchases. Instead of buying the equipment outright, you pay the monthly rent to lease it. You can purchase the equipment at the end of the lease or return it to the original manufacturer.

Equipment Loans

If you want to buy some equipment, several options are available. 

One loan option is to buy the equipment outright. 

Another option is to lease it. 

A third option is to take out an equipment loan.

In many cases, buying something outright isn’t practical. You may not have the cash available right now to pay for it. Or maybe you’re just looking to ensure you don’t encounter problems later. In those situations, leasing makes sense.

Leasing is pretty straightforward. Instead of paying for the equipment upfront, you pay a monthly fee to rent it. You own the equipment once you’ve paid off the entire amount owed. So, what happens if you decide you no longer want the equipment? You return it to the vendor and walk away.

It’s not unusual to need money to cover the cost of a necessary piece of machinery. If you opt for this route, you’ll likely be dealing with an equipment lender. These lenders provide equipment financing and typically charge interest rates ranging from 4% to 15%.

The good news is that most equipment lenders offer flexible repayment terms, and some even provide zero-interest payments. But be careful here. Many lenders require you to put down a security deposit, and this could range anywhere from $500 to $5,000. 

This amount could be a sizable chunk of your overall payments if you have a lot of debt.

So, what does this mean for you? Well, it depends on how much you want to borrow and what kind of repayment term you choose. For example, if you plan to use the equipment for one month, you’ll probably end up paying around $1,200-$2,400 for borrowing the equipment. If you keep the equipment for three months, you’ll spend about $3,600-$6,000.

You can always negotiate a lower price. Remember that the lower the price, the longer you’ll have to repay the loan.

You can compare an equipment loan to a second mortgage on your house. You’re borrowing against the property’s value (often real estate or merchandise) and repaying the debt through regular installments. Equipment loans require the borrower to pay interest on top of the principal.

However, the interest rates vary depending on how long you keep the equipment. For example, a one-year term might carry a lower interest rate than a five-year term.

Lease Purchase Agreement

A lease-purchase agreement is similar to an equipment loan. The difference is you’re borrowing against the value of a piece of equipment. 

Instead of buying the equipment outright, you purchase the asset under a long-term lease agreement. Like an equipment loan, you’re responsible for paying off the entire equipment cost upfront. You become the equipment owner once you’ve paid off the total amount.

Inventory Financing 

Inventories are one of the most significant expenses for most restaurants. You can take out a small amount of money with inventory financing to help cover those costs. These programs typically offer lower rates than traditional bank loans.

Working Capital Loans

A working capital loan is similar to an equipment financing program, and it helps you meet immediate cash flow needs such as payroll, supplier payments, or other quick cash flow needs. 

Banks and other financial institutions usually offer these loans, and they’re typically less expensive than long-term lines of credit because they don’t require collateral. There are, however, significant dangers in using this method of funding.

The main risk is that the lender doesn’t know what the future holds for the borrower. If the restaurant fails to pay off the loan, it could cause the bank to lose money. In addition, the interest rates on these loans tend to be higher than those on longer-term loans.

Commercial Bank Loan

Commercial loans are a longer-term solution that requires collateral. Typically, banks will ask for 20% equity up front, plus a percentage of each month’s revenue.

Vendor Finance

Vendors often provide financing to help businesses grow. Some companies even partner with local banks to offer vendor financing.

Bank Financing 

Banks usually offer this option and require collateral such as real estate, equipment, inventory, etc.

Private Equity Funding 

This option involves investors purchasing shares in a business and taking ownership of the assets. These funds come with strict guidelines and require high financial stability.

Term Loans 

A term loan is similar to a personal loan, except it comes with a set repayment schedule rather than being paid off once the balance reaches zero. If you plan to use the loan for renovations, you might choose a fixed-rate loan since the interest rate won’t change throughout the loan.

Credit Card Financing

If you have good credit, you may qualify for a commercial credit card from a bank. This financing allows you to borrow money for any purpose, and the only requirement is to charge at least $1,000 per month.

Inventory Financing

Many restaurant owners are familiar with the concept of equipment financing. This type of loan allows businesses to borrow against the value of their assets, such as their building, machinery, furniture, fixtures, etc., in exchange for monthly payments. This financing can help restaurants grow and expand while keeping their overhead low when used correctly.

There are some risks involved. If a restaurant owner uses too much credit on one project, he could pay interest charges even though his customers haven’t received the product they’ve paid for. To avoid running into problems like this, here are three things every restaurant owner needs to know about inventory financing.

Merchant Cash Advance

Merchant cash advances are a form of short-term borrowing used by small businesses to help cover operating expenses while waiting for sales to increase. They allow merchants to pay for inventory, advertising, marketing, and even payroll during slow periods. These loans are typically secured against future sales. If you don’t have enough cash flow, borrow against future sales.

The cash advance terms can vary depending on the lender, but most require daily or weekly payments. The advantage is that there is a minimum credit score requirement and only a few months in business. If you have bad credit, this is an excellent funding option. 

Crowdfunding

Crowdfunding is an innovative way of raising capital for startups. Crowdfunding could be a good option if you want to start something new. You don’t have to spend thousands of dollars on marketing, advertising, and PR campaigns. Instead, you can ask people to invest in your project. If you do well, you’ll receive funding from investors who believe in your product.

Asking Friends or Family Members

Ask friends and family members for capital. They don’t care how much you make or your credit score; you’re just another person. And since they aren’t going to check up on you, there’s no reason why they shouldn’t give you some cash.

Asking friends or relatives may be an easy way to get funding but comes with certain risks. Failure to repay your family or friends could result in total financial and personal ruin. Your friend or relative might decide to take legal action against you. You’ll probably have to pay interest on the loan, too.

There are other ways to finance a startup. For example, personal loans, crowdfunding sites, and peer-to-peer lending platforms are all viable options. 

Each method has its pros and cons. 

Personal loans are expensive. 

Crowdfunding sites require you to put down a large sum upfront. 

Peer-to-peer lending requires you to find investors willing to lend you money.

A Commercial Real Estate Loan

Commercial real estate loans are for big projects like building office space, shopping centers, warehouses, hotels, restaurants, etc. These loans are generally costly because they involve a lot of paperwork and are usually for a more extended period. 

However, it does mean that you’ll be able to borrow a more significant amount than you could otherwise afford.

Purchase Order Financing

Purchase order financing allows restaurants to accept preorders before production begins. Once the product is ready to ship, the restaurant receives payment.

This type of financing is ideal if you don’t have enough capital to fund your startup or ongoing operation. By taking out loans against future sales, you can pay off the loan early while making a profit. 

You’ll finish your obligation when the merchandise ships and no more interest is due.

This option might be excellent for you if you plan to sell products directly to customers; however, a traditional bank loan might be better if you’re looking to sell wholesale.

Applying for Restaurant Loans

Lenders are asking for proof of income, creditworthiness, and a copy of your business tax returns (and possibly your personal returns). If you’re considering applying for restaurant loans, here’s what you need to know.

Getting approved for a restaurant renovation loan differs from most construction financing types because lenders look at your expected profits, your cash flow projections, and your personal financial situation before deciding whether or not to approve your application. 

This process is why working closely with a lender during the entire approval process is essential. It may help to have a well-written business plan. 

Before applying for a restaurant loan, understand the loan agreement’s terms and conditions. Several factors determine the amount of interest you’ll pay on your loan, including the type of loan, term length, repayment options, time in business, business credit score, and your personal credit score. In addition, you’ll need to show proof of your financial stability by submitting tax returns and asset statements.

When you apply for a restaurant renovation loan, you’ll likely need to submit copies of your federal tax return, W2 forms, bank statements, pay stubs, 1099s, personal financial information, credit card bills, and utility bills. You should expect your lender to utilize this data to verify your income and assess your financial position.

If your lender approves your loan application, they will notify you and detail the loan terms. Once you’ve signed the loan documents, you’ll receive the funds needed to complete your project. 

When to apply

After starting your business, you should consider restaurant loans as soon as possible. The sooner you get started, the less risk there is of running into problems later down the road. Make sound business decisions early as you’re growing that will justify a loan later on. 

How much can you borrow

Restaurant loans from Sunwise Capital typically range between $10,000 and $2M. Restaurants operating for more than five years often qualify for more significant amounts. We’ll review your monthly revenues, credit, and time in business to determine loan rates and terms.

Repayment options

Most restaurant loans get a loan term of six months to two years to pay back their loans. Your payments will depend on the size of your loan and the type of loan. There are some loan options for five to 10-year terms.

Questions to Ask Before You Apply

The following questions help you understand whether a particular loan product works best for you. We always recommend knowing the answer to “What is your return on investment (ROI)?” 

Know your numbers. If you receive a loan for $100,000 and invest it in your restaurant, what will it be worth in 3, 6, or 12 months?

1. What do I hope to accomplish with this loan?

2. Is it essential to me that the lender be able to offer me several different types of loans?

3. What type of loan do I prefer?

4. Will I be able to pay off the loan quickly?

5. Am I comfortable making payments over a long period?

6. Can I afford to make daily, weekly, or monthly payments?

When do I need the money?

Quick Restaurant Funding is now available online.

This option is great news for those looking to borrow money for their next big event. However, it does come with some important caveats. First, don’t rush into borrowing money without considering what you can afford to repay.

Second, make sure the loan meets your specific requirements. 

Third, decide if you want to employ fast restaurant financing. Various possibilities exist, such as the use of conventional bank loans.

If you decide to go down the quick restaurant funding route, here’s everything you need to know.

What Is Quick Restaurant Funding?

Quick restaurant funding is a relatively new concept allowing restaurants to obtain short-term financing quickly. 

Restaurants apply for funds online and receive an approval within minutes. Once approved, they can access up to $500,000. Depending on the amount borrowed, they must pay factor rates ranging from 1.15 to 1.50

Why Use Quick Restaurant Funding?

Restaurant owners typically need fast cash to cover unexpected expenses like payroll, advertising, rent, supplies, etc. With quick restaurant funding, they can borrow money quickly and easily. 

In addition, they can avoid having to wait weeks or months to raise capital from friends and family or more traditional sources like banks.

Who Can Apply For Quick Restaurant Funding?

Anyone can apply for quick restaurant funding. However, certain businesses may qualify for special treatment. For example, if you own a franchise, you may be eligible for special financing. Also, you may qualify for lower rates if you have a strong credit history.

Are All Types Of Quick Restaurant Funding Available?

Yes!

Why do I Need the Money?

The answer depends on the return on investment. If you borrow money, what will it do for you? How much will it cost you? And how much will it earn? Find out if you need to borrow money by answering these questions.

How Much Do I Need To Borrow?

Depending on your situation, no hard and fast rules for borrowing money exist. Generally, most business owners can borrow between 10% and 20% of their annual revenue. 

If you have a yearly gross income of $100,000, you could borrow a loan amount anywhere from $10,000 to $20,000. Of course, this varies depending on your type of restaurant, location, and other factors.

How Long Does It Take To Get Approved? 

Processing applications takes less than five minutes; approvals can take a few minutes, and funding only a few hours.

Ready To Move Your Business Forward?

Restaurant owners often struggle with how to fund their businesses. They want to grow their revenue while keeping costs down. However, many restaurateurs don’t know where to turn to find financing options. 

Why Sunwise Capital?

Sunwise Capital offers various financing options specifically for restaurants. We offer access to capital with flexible terms, competitive rates, and industry-leading customer service.

We know you face unique challenges running your business. That’s why we work hard to ensure our products are easy to use and understand and our customers receive the best possible experience. We have a short application process and an easy loan process.

If you’re ready to take the next step toward success, apply online today.