Restaurants run on thin margins and fast decisions
You already know how quickly things change in this business. Food costs swing, a server quits, the hood system needs service before the inspector comes back. When you search for same day restaurant funding, what you really need is a fast answer and money that arrives before the problem costs you a weekend of sales.
Decisions through our partner Merchant Fund Express move quickly, and funding can arrive in as little as 24 hours for qualified restaurants. Anything faster depends on your file and your bank, so we will not promise a same-day deposit. We will tell you that the process is built for speed.
Common reasons restaurant owners apply
- Replacing a cooler, fryer, range or dish machine. See emergency repair funding.
- Stocking up before patio season, holidays or a big catering order. See inventory funding.
- Covering payroll during a slow stretch after the holidays.
- Opening a second location or remodeling a dining room in a commercial space.
Why a merchant cash advance is common in food service
Restaurants take a lot of card payments, which makes a merchant cash advance a natural fit for many owners. You receive a lump sum in exchange for a share of future card sales, so repayment tends to follow the rhythm of your business. Busier weeks repay more; quieter weeks repay less.
For a new oven or walk-in you plan to keep for years, equipment financing may be the cleaner choice. For general cushion, working capital works too.
Built for restaurants with real volume
This is for established restaurants doing roughly $60,000 or more a month in revenue. Plenty of successful owners poured personal savings and credit into getting the doors open, and their score shows it. That is common in this industry, and it is why FICO scores from 500 are considered.
- About three months of business bank statements
- No tax returns required
- Soft credit pull to start
- Funding from $25,000 to $5,000,000
Apply between lunch and dinner
The application takes about 5 minutes. Fill it out during the afternoon lull and have your recent bank statements ready to upload. If you are also a credit repair client with Eagle, that work stays separate. Funding is based on how your restaurant is performing today.
Frequently asked questions
Can my restaurant really get funded the same day?
We do not promise same-day funding. Decisions move fast, and qualified restaurants can be funded in as little as 24 hours. Anything faster depends on the file and the bank.
Does a merchant cash advance work for restaurants?
It is a common fit because restaurants run high card volume. Repayment comes from a share of future sales, so it tends to flex with your traffic.
Can I finance kitchen equipment?
Yes. Equipment financing is available for items like ovens, coolers and dish machines, with the equipment typically securing the financing.
My personal credit took a hit opening the restaurant. Can I still apply?
Yes. FICO scores from 500 are considered, and the review weighs your restaurant's revenue and bank activity heavily.
What documents do I need?
About three months of business bank statements. No tax returns are required.