Restaurant Business Loans, Financing & Funding
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 2008, we've grown with the companies we support.
What Are Restaurant Business Loans?
Restaurant loans are business loans designed just 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. These loans can provide much-needed cash even during slow times of the month or year.
How Restaurant Financing Works
Restaurants that need working capital, especially during the early phases of their business often get restaurant loans. These loans provide the resources they need to pay their staff, buy products and cooking equipment, and even pay the building lease and other bills during the slowest times of the year.
Use Cases
How To Use a Restaurant Loan
There are plenty of ways to use a restaurant loan. Whether you’re 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.
Learn Why Us-
Expansion
Expand your restaurant business to a new location.
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Equipment
Buy new cooking equipment to outfit your restaurant kitchen.
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Staffing
Hire new restaurant staff to give your guests the best service.
Why Apply for Restaurant Financing & Funding
Purchase Inventory
Getting enough inventory to open a business is one of the reasons people apply for restaurant loans.
Invest in Marketing
Marketing is critical for any business. Get restaurant financing to help grow your business.
Implement an Online Ordering System
Implement a new online ordering system to improve the customer experience and save you time.
Minimum Eligibility Requirements for Restaurant Loans, Financing & Funding
Get a restaurant business loan to help you with all the expenses of making and serving food. We can help you with your lending needs if you meet the following eligibility criteria.
| Time in Business | Minimum 6 Months |
|---|---|
| Business Annual Growth Revenue | $240K+ Annual Revenue |
| Business Checking Account | Yes |
| US Citizen/Based Company | Yes |
| FICO Score | 570+ |
| Other Financing | None |
| Bankruptcies | None open |
Better Your Business With Fora Financial’s Restaurant Loans
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Open New Locations
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Purchase Equipment
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Hire Restaurant Staff
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Buy Inventory
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Invest in Marketing
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Invest in an Online Ordering System
Case Studies
Fast Capital for Fast Repair
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Funding Amount: $200,000
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Industry: Railroad Equipment Repair
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Use of Funds: Equipment
Learning Growth
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Funding Amount: $825,000
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Industry: Education
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Use of Funds: Inventory
Powering Growth in Electricity
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Funding Amount: $775,000
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Industry: Commercial & Residential Electric
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Use of Funds: Personnel and Equipment Upgrades
Featured Funding
Bridge Funding
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Funding Amount: $2,000,000
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Industry: Construction
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Use of Funds: Bridge funding
Technology and Data Services
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Funding Amount: $700,000
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Approval Amount: $1.1 Million
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Industry: Technology / Data Services
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Use of Funds: Cash Flow Liquidity
Communications Expansion
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Funding Amount: $1 Million
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Approval Amount: $1.2 Million
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Industry: Telecommunications
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Use of Funds: Expansion
Featured Funding
Stabilizing Growth
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Initial Funding Amount: $750,000
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Add-on Opportunity: $450,000
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Industry: Manufacturing
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Use of Funds: Financial Stability, Growth
Automation Growth
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Funding Amount: $300,000
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Approval Amount: $450,000
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Industry: Manufacturing / Automation
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Use of Funds: Working capital
FAQs About Restaurant Business Loans, Financing & Funding
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If you want a loan for a restaurant, you can choose from equipment loans, business lines of credit, working capital loans, traditional commercial lending, and inventory financing. Some loans are multi-purpose while others can only be used for a particular business need.
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Yes and no. Financing a restaurant with certain loan types can be very difficult to obtain. 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.
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Most lenders look for a credit score of at least 640. Although, some lenders will consider lower credit scores if you have more cash to invest in the business.
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The average person can expect to get anywhere from $5000 to $1 million or more for loans to open a restaurant. Since each situation, business plan, and business owner are so unique, future restaurant owners need to talk to a lender to get more information.
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Yes, but it comes at a cost. Those with credit scores under 600 can expect to pay higher interest rates on their loans, have shorter loan terms, and may need more cash up front to secure the loan.
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Many lenders offer fast approvals, with funds available within 24 to 72 hours, depending on the restaurant financing type and application process.
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Yes, many restauranteurs use restaurant business loans to remodel their dining area, upgrade kitchen equipment, or enhance the overall ambiance to attract more customers.
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It depends on the type of restaurant funding you’re applying for. For instance, equipment financing and traditional business loans may require collateral, while unsecured loans and merchant cash advances typically do not.
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Yes, restaurant business loans can be used to fund marketing campaigns, social media advertising, website improvements, and promotions to attract new customers.
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Franchise owners often use SBA loans, business lines of credit, and equipment financing to cover franchise fees, operational costs, and expansion efforts.
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Yes, many restaurant owners use restaurant small business loans to ensure timely payroll payments during slow seasons or while hiring additional staff for peak times.
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Yes, food truck owners can access restaurant financing options like equipment loans, working capital loans, and business lines of credit to purchase or upgrade their mobile kitchen.
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Lenders who provide financing for restaurants typically review your credit score, business revenue, time in business, cash flow history, and ability to repay the loan before approval.
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Many lenders will allow you to pay off restaurant loans early. However, some may charge prepayment penalties. It’s important to check the loan terms before signing.
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If a personal guarantee is required for restaurant financing, missing payments could impact your personal credit. However, making timely payments on your restaurant loans can help build your business credit.
What Sets Us Apart from the Rest
Get Financing Today
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