Can restaurants get equipment financing?

Yes. Many providers work with restaurants. Approval depends on time in business, monthly revenue, credit and existing obligations. Typical ranges: $5k – $5M, 2 – 7 years.

How fast can restaurants get funded?

Equipment Financing typically funds in 1 – 10 days once documents are submitted.

What do restaurants need to qualify?

Equipment quote or invoice; 1+ year in business (startups possible); 600+ credit typical.

Can I finance used equipment?

Yes, many providers finance used equipment, though terms may be shorter and rates slightly higher based on age and condition.

Is it better to lease or buy equipment?

Buying builds equity and may offer tax benefits; leasing lowers upfront cost and simplifies upgrades. The right choice depends on how long you'll use the equipment.

Restaurants

Equipment Financing for Restaurants

Equipment Financing for restaurants provides loans or leases secured by the equipment itself, with typical amounts of $5k – $5M and funding in 1 – 10 days. High card volume makes restaurants a natural fit for holdback-based MCAs, while equipment financing covers ovens, refrigeration and POS systems.

Last updated October 23, 2026

Why restaurants use equipment financing

High card volume makes restaurants a natural fit for holdback-based MCAs, while equipment financing covers ovens, refrigeration and POS systems.

Kitchen equipment
Renovations
Seasonal payroll
Inventory and food costs

How it works

With an equipment loan you own the equipment from day one and the lender holds a lien until it's paid off. With a lease, the lessor owns it and you pay to use it, often with an end-of-term buyout ($1 out or fair market value).

Providers weigh the equipment's resale value, your credit and time in business. New businesses can often qualify with a larger down payment.

Requirements

Equipment quote or invoice
1+ year in business (startups possible)
600+ credit typical
Bank statements; financials for large tickets

Typical ranges

Amount: $5k – $5M
Term: 2 – 7 years
Cost: 6% – 30% APR
Speed: 1 – 10 days
Credit: 600+

Source: industry estimates compiled by BusinessFundingQuote.com; actual terms are set by each provider.

Other options for restaurants

Comparison of business funding options (industry estimates)
Option	Amount	Term	Typical cost	Speed	Credit
Equipment Financing	$5k – $5M	2 – 7 years	6% – 30% APR	1 – 10 days	600+
Merchant Cash Advance	$5k – $500k+	3 – 18 months	1.10 – 1.50 factor	24 – 72 hours	500+ often accepted
Business Line of Credit	$10k – $500k	Revolving; draws 6–24 mo	10% – 60% APR	1 – 7 days	600 – 680+
SBA Loans	$50k – $5M	10 – 25 years	Prime + spread (capped)	30 – 90 days	680+

Frequently asked questions

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Written by

BusinessFundingQuote Editorial Team

Small business finance writers

Reviewed by

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Reviewed for accuracy against current market practices

Rates and ranges on this page are typical market estimates for educational purposes, not offers. How we make money.