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 2008, we've grown with the companies we support.
What Are Restaurant 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 Loans Work
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 many ways to use a restaurant loan. Whether you want to expand your operations or add new staff, here are some of the top ways that businesses use these loans.
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
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
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 Samlend Financial
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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
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
Featured Funding
National Food and Beverage Franchise Network
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Funding Amount: $1.4 million
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Industry: Food and Beverage Franchise
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Use of Funds: Expansion and Renovation
Organic Growth
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Funding Amount: $750,000
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Approval Amount: $1,400,000
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Industry: Organic Food Grower
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Use of Funds: Cash Liquidity
Featured Funding
Delivery Service Expansion
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Funding Amount: $100,000
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Industry: Delivery Service
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Use of Funds: Equipment
Supporting Growth in Construction
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Funding Amount: $300,000
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Early Renewal: Additional $300k available in 60 days
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Industry: Construction
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Use of Funds: Cash Flow
Featured Funding
Physical Therapy
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Funding Amount: $1,000,000
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Industry: Healthcare
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Use of Funds: Expansion, Cash Flow
Subordinate Position
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Funding Amount: $2,000,000
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Approval Amount: $2,700,000
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Industry: Professional Services
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Use of Funds: Expansion, Cash Flow
Bridge Capital for Explosive Growth
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Funding Amount: $1,000,000
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Approval Amount: $2,500,000
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Industry: Construction
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Use of Funds: Bridge Financing, Expansion
Empowering Healthcare Staffing Growth
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Funding Amount: $1,000,000
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Approval Amount: $1,400,000
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Industry: Healthcare Staffing
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Use of Funds: Expansion
Facilitating Growth in Commercial Forestry Industry
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Funding Amount: $750,000
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Industry: Forestry
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Use of Funds: Hiring Additional Staff, Acquiring New Equipment and Materials
Opportunistic Growth
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Funding Amount: $400,000
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Industry: Electric Company
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Use of Funds: Opportunistic Growth
Fueling Expansion
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Total Funding: $5,000,000
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Renewals: 4 times in 16 months
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Initial Funding: $1,100,000
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Industry: Commercial Storage
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Use of Funds: Cashflow Gaps, Growth
Crafting Culinary Success
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Funding Amount: $1,000,000
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Industry: Specialty Food
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Use of Funds: Production, Technology, Marketing
Fitness Transformations
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Funding Amount: $150,000
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Industry: Fitness and Wellness
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Use of Funds: Expansion
Brewing Success
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Funding Amount: $170,000
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Industry: Food and Beverage
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Use of Funds: Product development, customer experience, marketing
Empowering Wellness
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Funding Amount: $750,000
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Industry: Health and Wellness
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Use of Funds: Bridge Financing
In with the View
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Funding Amount: $240,000
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Industry: Construction
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Use of Funds: Expansion
Growing Green
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Funding Amount: $750,000
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Industry: Landscaping
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Use of Funds: Payables, Expansion
Crafting Success
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Funding Amount: $800,000
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Industry: Manufacturing and Wholesaling
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Use of Funds: Equity Raise, Production, Efficiencies
Advancing Medical Excellence
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Funding Amount: $720,000
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Industry: Healthcare
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Use of Funds: Equipment, Staffing, Patient Experience
Fashionable Success
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Funding Amount: $300,000
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Industry: Retail
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Use of Funds: Inventory, Renovations
Charting New Horizons
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Funding Amount: $220,000
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Industry: Travel and Tourism
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Use of Funds: Product Offering, Technology, Partnerships
Restaurant Loans FAQ
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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.
What Sets Us Apart from the Rest
Get Financing Today
Get started with your application and join Samlend Financial's family of forward-thinking businesses.