We're here to help you grow.
Business owners love that Lendio helps them get funding without the headaches.
Restaurant small business loans, fast.
Apply for financing today to build your business, upgrade your equipment, or fund your next project.
Applying is free and won't impact your credit*
Proven restaurant lending expertise.
Get the answers and the funding you need with support all along the way.
$857 million
in small business funding facilitated in the last decade.
4.8 stars
21,000 Trustpilot® reviews.
50% repeat customers.
75+ lenders
providing broad coverage for small business lending.
*Qualification criteria, rates, and other funding terms will vary depending on the type and location of your business, and upon other factors. This is not a guarantee of funding, and it should not be relied upon as an accurate assessment of the availability or terms of the represented funding products.
How much can I qualify for?
Not sure what you need or what funding options are best for you? Use our simple calculator to get a rough idea of your options with no commitment, and apply when you’re ready.
Lendio knows the restaurant business.
The restaurant industry is fast-paced, and you may start to feel the heat when you need capital to open, renovate, or expand your business. With Lendio, you can explore different financing structures to find the one that fits your company’s next big move. Use funds to:
Bridge seasonal slow-downs
Purchase supplies and material
Upgrade equipment
Pay your staff
Invest in marketing
What type of commercial real estate funding is best for your business?
These are the most popular types of funding that other restaurant businesses qualify for through Lendio.
Business Line of Credit
Access available funds whenever you need them, and only pay interest on what you draw.
Revenue-Based Financing
Access funding based on your future revenue and repay with regular payments.
Business Term Loan
Borrow a lump-sum with a set repayment schedule, and get funding quickly with online options.
What types of business loans are available to restaurant businesses?
Revenue-based financing
Also known as a business cash advance or merchant cash advance, this type of financing uses your establishment’s expected revenue as collateral for restaurant funding.
Term Length
1-15 months
Max Loan Amount
$1 million
Term loan
Get a lump sum to grow your business with a set interest rate and monthly payment. Term loans are offered by banks, credit unions and other online lenders.
Term Length
6 months-10 years
Max Loan Amount
$2 million
SBA loan
An SBA loan is backed by the Small Business Association and offers some of the best interest rates. For those opening a franchise, our marketplace offers specific SBA franchise loans you can apply for.
Term Length
10-25 years
Max Loan Amount
$5 million
Line of credit
It takes a lot of equipment to get a restaurant up and running. With this financing option, the equipment you purchase serves as collateral. Plus, you can typically roll soft costs (Ex: taxes, delivery, and installation fees) into the loan.
Term Length
1-5 years
Max Loan Amount
$5 million
Equipment financing
It takes a lot of equipment to get a restaurant up and running. With this financing option, the equipment you purchase serves as collateral. Plus, you can typically roll soft costs (Ex: taxes, delivery, and installation fees) into the loan.
Term Length
1-5 years
Max Loan Amount
$5 million
FAQs
Find answers to some commonly asked questions in the restaurant industry.
What is an SBA loan?
SBA loans for restaurants are backed by the government and can be a good source of funding if you don’t qualify for a traditional bank loan. The application process is generally longer and more intensive than an online business loan, but you may qualify for competitive rates. There are also options to finance commercial real estate if you want to own your restaurant buildings.
What are the different types of SBA loans?
The three most popular types of SBA loans include:
- SBA 7(a) loans: Used for working capital, refinancing existing debt, or the purchase of business assets.
- SBA 504 loans: Used for fixed assets, including land, buildings, or equipment.
- SBA microloans: Ideal restaurant loans for startups and can be used for working capital, inventory, or equipment.
Can a business loan be used to acquire a restaurant?
Yes, business loans can be used to acquire a restaurant. These loans provide financial assistance for purchasing existing businesses, including restaurants, and can cover costs such as the acquisition price, renovations, equipment, and working capital. By securing a business loan, entrepreneurs can leverage the financial support needed to acquire and grow their restaurant ventures successfully.
Ready for funding?
See what you can qualify for on the Lendio Marketplace.