Restaurant

RESTAURANT SBA 7(a) LOANS

In the dynamic and competitive restaurant industry, having the right financing to expand your menu or renovate your space is crucial. The SBA 7(a) loan program is a top financing choice for restaurant owners due to its flexibility and accessibility. This program is designed for small business owners and offers key benefits such as:

Longer Repayment Terms

SBA 7(a) loans offer repayment periods up to 10 years for business needs like working capital or equipment and up to 25 years for real estate. Loans with terms shorter than 15 years allow penalty-free early repayment. For terms over 15 years, prepayment penalties apply in the first three years: 5% in year one, 3% in year two, and 1% in year three. After this period, you can repay in full without penalties, offering financial flexibility.

Competitive Interest Rates

Take advantage of the competitive interest rates offered by SBA 7(a) loans to reduce your financing costs and maximize your profitability. The government partially guarantees these loans, reducing our risk and allowing us to offer you better interest rates.

Lower Down Payments

The government guaranty also enables small business owners to secure financing with lower down payments compared to traditional business loans, typically up to 20% of the total project cost but in some cases as low as 0%.

Flexible Use of Funds

The SBA 7(a) loan program is widely regarded as a top choice for small businesses due to its unmatched flexibility. Unlike many traditional loans that impose strict limitations, 7(a) loans empower businesses to meet a variety of financial needs, making them versatile for nearly any business purpose or stage of growth.



What Can SBA 7(a) Do for Your Restaurant?

Our flexible financing solutions allow you to invest in the most critical aspects of your restaurant, whether it's one specific area or several at once:


Business Expansion

Whether you’re expanding your menu, renovating your dining area, or opening a new location, our loans provide the capital you need to successfully grow your restaurant.

Furnishings and Culinary Equipment

Invest in top-notch furnishings and kitchen gear to elevate your restaurant's ambiance and efficiency.

Real Estate Investments

Purchase, build, or refinance your restaurant to give your business a solid foundation for growth and success.

Working Capital

Ensure smooth day-to-day operations by covering essential expenses like payroll, inventory, and marketing.

Debt Refinancing

Simplify your financial management by consolidating multiple loans into one, often with better terms.

Solutions for Every Stage of Your Restaurant

Our SBA 7(a) loans are designed to support restaurant owners throughout their careers, whether you’re just getting started, expanding your business, or preparing for retirement.