Food and beverage inventory
Compare supplier payment dates with expected sales. Include spoilage, storage, and the margin left after labor and operating expenses.
Funding for business owners
Restaurant funding for your next business move.
From a kitchen replacement to a seasonal inventory order, plan restaurant funding around the cost, expected benefit, and the cash your business needs to keep operating.
Business-purpose funding. Subject to underwriting, verification, and program availability.
What are you funding?
Kitchen equipment
A replacement oven or refrigeration unit has costs beyond its price: installation, downtime, inspections, and staff training may matter.
Staffing and seasonal demand
Plan hiring and payroll against expected covers, catering deposits, or seasonal receipts. Test the plan at a lower sales level.
Renovations and added capacity
Budget for the work, reduced trading days, and a reserve while the upgraded space builds demand.
Compare restaurant financing options
Equipment financing is worth reviewing for an identifiable kitchen asset. A business line of credit may suit repeat draws for recurring timing gaps, subject to available credit and account terms. A term loan may fit a defined renovation or investment with a repayment plan.
A merchant cash advance is a different funding structure based on future receivables. Compare its complete cost and collection terms against your restaurant’s daily operating needs. The products available to your restaurant depend on review.
Build a practical kitchen replacement budget
Illustration: a $20,000 equipment quote, $3,000 in delivery and installation, and a $7,000 operating reserve total $30,000. If the business can contribute $8,000 without using essential operating cash, the remaining planning gap is $22,000 before financing fees or other costs. This is a budgeting example, not an offer.
Confirm what can be financed and what must be paid upfront. Use the repair-or-replace checklist before committing to the purchase.
Starting requirements and documents
Logic’s published guidelines start at $25,000 in monthly business revenue. MCA and line-of-credit guidelines start at six months in business; equipment and term-loan guidelines start at one year. Credit requirements and additional conditions differ by product. Meeting a minimum does not guarantee approval.
- Prepare a signed application and four recent, complete business bank statements.
- List current loans or advances, remaining balances, and payment schedules.
- Explain the amount requested, its business purpose, and your desired timing.
- Have identification, ownership details, and any additional records ready when requested through the approved channel.
Review the current product requirements and our bank statement preparation guide.
Prepare the details behind your request
For equipment requests, keep the vendor quote available. For a renovation, prepare a work schedule and a plan for any days the restaurant will be closed.
Compare the offer, not just the payment
Request the net amount your business will receive, total payment or remittance obligation, all fees, payment frequency, and expected duration. Review liens, guarantees, early-payment treatment, and any reconciliation provisions. A factor rate on an MCA is not APR.
Use our side-by-side funding offer guide and daily versus weekly payment guide to organize the details before deciding.
Explore other business funding guides
Browse all industry funding guides or compare funding products.
Questions business owners ask
Can I use funding for restaurant inventory?
Inventory may be an eligible business purpose, depending on the product and agreement. Budget for landed cost, spoilage, and the timing of sales before borrowing.
Do you fund new restaurants before they open?
The published programs require operating history and monthly revenue. Do not assume a pre-opening restaurant qualifies; discuss your situation with the team.
What if restaurant revenue changes by season?
Provide the requested statements and explain seasonal patterns. Compare proposed payments with a slower month, and confirm any agreement-specific adjustment process.
Can I finance used kitchen equipment?
Eligibility depends on the equipment, its condition, the seller, and the program. Provide a detailed quote and confirm requirements before placing a deposit.
Take the next step with Logic Advance
Have a funding purpose, an amount, and a timeline in mind? Start an application or speak with our team about the next steps for your business.
Business-purpose funding. Subject to underwriting, verification, and program availability.
These pages explain funding considerations and starting guidelines, not a funding offer. Product availability, amounts, costs, security requirements, and timing depend on the specific program and your business.