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Equipment financing for restaurants & food service

A loan to buy equipment, secured by the equipment itself. Restaurant owners use Credible Lending equipment financing to replace a walk-in cooler or range or build out a second location, with matched to the equipment's useful life and same-day decisions.

Apply nowAbout equipment financing
See what you qualify forStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your advisor.

$10K$5M
How long have you been in business?
What's your average monthly revenue?

Total deposits into your business account in a typical month.

What's your personal credit score?

An estimate is fine. Applying won't affect your score.

Where should your advisor reach you?

We'll use this only for your application.

Equipment financing for restaurant owners
AmountUp to 100% of equipment cost
TermMatched to the equipment's useful life
SpeedSame-day decisions
PaymentsMonthly
Best forMedical, manufacturing, construction and technology equipment

Common uses in restaurants & food service

  • Replace a walk-in cooler or range
  • Build out a second location
  • Stock up before a busy season
  • Cover payroll in a slow month

Why restaurant owners choose equipment financing

Equipment fails on a Friday

A walk-in or a hood system can't wait six weeks for a bank. Same-day decisions mean the repair happens this week.

Seasons are real

December and February don't look alike. A line of credit smooths the slow months without a new application each time.

Margins are thin

We show the total cost of capital in dollars so you can check it against your margins before you sign.

How does equipment financing work?

  1. 1

    Share the quote or invoice from your vendor, new or used.

  2. 2

    We confirm the equipment's value and structure a term around its useful life.

  3. 3

    Funds go to the vendor or to you, depending on how you're buying.

  4. 4

    The equipment works for your business while you pay it down.

What do I need to qualify?

  • 1 year in business
  • $10K+ in monthly revenue
  • 625+ FICO score
Check my options

Other funding for restaurant owners

Questions, answered

Something else on your mind? Ask an advisor.

Can restaurant owners qualify for equipment financing?
Yes. Most Credible Lending programs look for at least one year in business, $10,000 or more in monthly revenue and a 625+ credit score. We review restaurants & food service financials with the industry's cash-flow patterns in mind.
Do I need a down payment for equipment financing?
Often not. Many approvals cover up to the full cost of the equipment, depending on your credit profile and the asset.
Can I finance used equipment?
Yes. We finance new and used equipment from dealers, manufacturers and private sellers, subject to valuation.
Can a new restaurant qualify for financing?
Most of our programs look for at least one year in business and $10,000 or more in monthly revenue. If you're newer, apply anyway: your advisor will tell you what you can qualify for now and what changes at the one-year mark.

Ready when your business is.

Apply in about three minutes with a soft credit check. You'll hear back the same day.

Apply nowTalk to an advisor