Equip your kitchen without emptying your bank account
Ranges, walk-ins, dish machines, hoods, POS and dining room furniture for new and established restaurants. New or used, from multiple vendors, all in one monthly payment.
Front of house to back of house
Equipment financing lets you spread the cost of the kitchen over its working life instead of paying for it all before you open the doors or expand.
Why restaurant owners finance with us
Banking on Business: how we help owners fund equipment
ABC 10 News San Diego featured Liberty Capital Group on how businesses finance the equipment they need to grow, without tying up their working capital.
Start your applicationEquipment financing, leasing or a business loan?
All three can pay for a kitchen. They differ in cost, term, and who receives the funds.
| Equipment financing | Equipment leasing | Business term loan | |
|---|---|---|---|
| Maximum term | 60 months | 60 months | 24 months |
| Payments | Monthly | Monthly | Monthly, weekly or daily |
| Minimum credit | 650 | 600 | 550 |
| Time in business | Startups considered | Startups considered | 3+ years |
| Application only | Up to $250K | Up to $250K | Up to $150K |
| Funds go to | The vendor | The vendor | Your business |
| New or used equipment | Yes | Yes | Any use of funds |
| Cost | Low | Low | Moderate |
| Upfront cost | Varies | Low to moderate | $0 (origination fee from proceeds) |
| Funding time | 1–5 days | 1–3 days | Same day |
Leasing options include Fair Market Value (FMV) leases for off-balance-sheet treatment and $1 buyout leases when you want to own the equipment at the end. Lease payments may be deductible as an operating expense. Ask your tax advisor.
Payments that start when the kitchen does
What it takes to qualify
- Business license or an active business entity registration
- Personal guaranty from all owners (corp-only is available for established companies)
- Minimum 650 credit score
- No bankruptcies in the last 7 years
- No unresolved tax liens
- New restaurants are considered, usually with a down payment
One application, many lenders
Going bank to bank after a turn-down means more paperwork, more credit pulls and more waiting. As a broker and a lender, we send your file to the lenders that fit your credit profile, including less-than-perfect credit, so you get an answer faster and a better deal. We start with a soft inquiry. A lender runs a hard inquiry only once you’re approved and moving forward.
What you need to apply
- Apply onlineFill out the application and authorize us to process it. Our soft inquiry won’t affect your score.
- Send the quotesEquipment invoices or quotes. Multiple vendors are fine.
- Bank statementsThe last 3–4 months. They also set up automatic ACH payments.
- Approve & fundOften next-day approval. Vendors are paid directly, usually 1–5 days after signing.
Kitchen equipment financing questions
Can a new restaurant finance its kitchen equipment?
Yes. New restaurants are considered, usually with a down payment and strong personal credit (650+ for startups). Established restaurants can usually finance up to about $250,000 on the application alone.
Can I finance used restaurant equipment?
Yes. New or used equipment from dealers, auctions or private sellers can be financed, as long as the equipment and seller can be verified.
Can installation and delivery be included?
Yes. Financing can cover up to 120% of the equipment cost, including soft costs such as delivery and installation.
Can I combine equipment from several vendors?
Yes. We pay each vendor directly and combine everything into one monthly payment.
Should I lease or finance my kitchen equipment?
Financing (an EFA or loan) means you own the equipment. A $1 buyout lease works much the same way. An FMV lease has the lowest payment and lets you upgrade or return the equipment at the end. We’ll show you both payments side by side.
How fast can I get funded?
Application-only requests are often approved the next day. Vendors are usually paid 1 to 5 days after documents are signed.
Ready to build out your kitchen?
Get a free quote with no obligation, or apply in 3 minutes. Our funding specialists are at (888) 511-6223.
Rates and terms disclosure: application-only limits vary by credit, time in business, equipment type and industry. Any rates, payments or terms shown are examples only. Sample rates apply to established businesses with 3 to 5+ years in business and strong credit (680+ FICO), and are subject to credit approval. Rates for startups vary and are subject to final approval. This is not an offer or commitment to lend. Liberty Capital Group, Inc. NMLS #2009539. CA DFPI #60-DBO49692.
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in restaurant kitchen equipment financing, predominantly involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
Instant Quote Online
Use our instant online quote calculator to get an accurate no obligation quote.
Apply Online
Complete our quick online application. Application takes 5 mins.
Review Your Options
We will contact you to review your options.
Get Funds
Money will be deposited in your account in as little as 24 hours.