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Loans for Restaurants

Discover how Great Energy Capital can help you open or expand your restaurant, or purchase new equipment for your food services with a business loan.

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5.99%

Low rates on secured financing

80,000

Double the approval rate of our average competitors with Great Energy Capital.

4.9

For many people, opening a restaurant is more than just a business idea—it’s a long-term dream. Whether you’re a chef or someone who loves hosting others, starting a restaurant combines business acumen, passion, and often, a bit of financing.
Securing a small business loan for a restaurant can be challenging, which is why many rely on a mix of funding sources, including investors, crowdfunding, and credit cards. However, experienced restaurateurs typically use some form of financing.
At Great Energy Capital, restaurants are among our top five funded industries, with an average approval amount of $95,000. Rates and terms vary based on the budget, credit, revenue, and needs of the business owner.

How to secure a business loan for a restaurant with Great Energy Capital

As your business grows, so do your needs. Whether you need to hire additional staff to meet increased demand or acquire new equipment to handle larger reservations and orders, you’ll need the funds to support these changes.
With a loan from Great Energy Capital, you can focus on perfecting your customers’ meals while we ensure that your financial foundation remains robust.

Working Capital

500

fico

6

Mo

$10K
Mo

Legal Residency

Any Owner

Equipment Financing

600+

fico

2

YRS

None!

Legal Residency

51%

 

What types of loans are available for restaurants and food businesses with Great Energy Capital?

For restaurants, cash flow needs can fluctuate at various stages of development, so many owners find it beneficial to establish multiple forms of financing. This often includes an equipment loan to get started, a line of credit or working capital loan to maintain smooth cash flow, and inventory financing to purchase food or supplies for resale.
Aspiring food truck owners may also consider a commercial vehicle loan to cover the initial cost of the truck, along with flexible financing options to keep the truck stocked and operational.

Short-Term Loans

These loans are perfect for quick growth and addressing short-term cash flow needs for expansion.

Business Line of Credit

If you encounter recurring cash flow problems due to payment delays or other seasonal funding issues, a line of credit can be beneficial.

Equipment Financing

If you need to expand your fleet or repair trucks, this type of financing is ideal.

How to find the best loans for your needs with Great Energy Capital

Working with an experienced and tech-savvy lender like Great Energy Capital can often result in the best financing package for your needs. We understand that there is a lot of competition for lenders online, which is why we leverage technology to meet the growing demand for credit and flexible financing options that work for you.
In addition to the convenience of working with Great Energy Capital, we recognize that restaurant owners are passionate about their customers and the craft of cooking and serving food. We share that passion.
We will take the time to understand your priorities and maximize your financing to help your restaurant achieve its goals. As your business grows, we will be there to support you with additional equipment or expansion needs in the future.
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