Restaurant Loans
Sustaining and growing a restaurant requires solid financial backing. That's where Camino Financial comes in. With extensive experience in supporting the food industry, our restaurant loans are designed to meet your unique needs. Let us help you fuel your restaurant’s growth and unleash its full potential.Can Your Restaurant Benefit From a Business Loan?
A business loan can significantly enhance your restaurant's growth and stability by providing the capital it needs. It can also offer a financial cushion during cash flow shortages, allowing uninterrupted operations and avoiding layoffs.
With the influx of funds, you can enhance the dining experience for your customers.
Ultimately, a business loan can be a strategic tool, empowering your restaurant to innovate, expand, and ultimately succeed in achieving its goals.Camino Financial’s Restaurant Loans
Varied loan amounts
Fixed
Interest rates
Repayment terms
Why Choose Camino Financial
Scaling up or maintaining the operational smoothness of a restaurant demands a robust financial strategy. At Camino Financial, we understand the unique financial needs of restaurants, that’s why we tailor our products to provide you with the capital you need. Whether it's renovating your space, upgrading kitchen equipment, or expanding your staff, our loans provide the capital you need to elevate your restaurant to new heights.Our Basic Business Loan Application Requirements
✓ Have an SSN
✓ Business in operation for a minimum of 12 months
✓ Annual sales above $30,000
✓ Current on outstanding credit obligations
✓ No filed tax liens, judgments, credit freezes, or bankruptcies in the past 24 months
✓ Must operate within permitted industries and states
Compare Lending Options
Amount Loan Payback Period Minimum Score1 Min. Time in Business Min. Annual Income Collateral needed? Camino Financial $10,000 - $50,000 24 months 670 12 months $ 30,000 NO Other Business Term Loans* $10,000 - $30,000 3 - 36 months 680 2 years $ 200,000 YES Line of Credit* $10,000 - $1M Varies 630 1 year $ 180,000 YES Merchant Cash Advance* Up to $500,000 3 - 12 months N/A 1 year $50,000 NO Invoice Financing* Up to 90% of the invoice value Varies 500 1 year $ 130,000 YES Benefits Of Choosing Camino Financial
● Our application process is 100% online ● We are committed to transparency, data security and privacy ● Fixed, competitive, and straightforward repayment terms ● We don’t have any early prepayment penaltiesRead What Our Customers Are Saying
Join 9,000+ people choosing Camino Financial
Anthony Williams
“This was the best loan application experience ever. Other financial institutions need to take a look at how Camino delivers and operates...”Bernie Bravo
“...Camino Financial was great to work with and I love how they determined the loan amount based on my personal guarantee.”Rubert Velasquez
“...Camino is the best I’ve encountered so far. They’re always there to help and really make things happen in a professional, timely manner. Thanks Yvette!”What Are Restaurant Loans Used For?
1
Equipment Purchases
Capital is used for acquiring new or upgrading kitchen and service equipment, crucial for operational efficiency.
2
Menu Development
Research, develop, and test new menu items, ensuring they meet customer expectations and culinary trends.
3
Renovation and Remodeling
Loans finance updates to make spaces modern and expand capacity, enhancing the customer experience.
4
Inventory Management
Loans enable restaurants to buy food supplies and dining essentials in bulk, optimizing costs and ensuring a steady supply.
5
Marketing and Advertising
Financing supports campaigns to attract and retain diners, crucial for business visibility and growth.
6
Opening New Locations
Loans provide the significant capital needed to establish new outlets, covering various startup expenses.
7
Technology Upgrades
Investing in modern systems improves efficiency and customer service, funded through loans.
8
Staff Training and Development
Investing in staff training ensures high-quality service, as well as valuable professional development initiatives.
We Offer Convenient Loan Management
Get a visual overview of loan status. Track payment history and request more capital through your personalized member account portal.How To Apply For Business Financing
FAQs
Yes. As a BBB-accredited business with an A+ rating and an average of 4.2 stars across more than 400 reviews prove it.
Camino Financial uses the same technology that banks use to protect your private information.
Have a Social Security Number (ITIN is not accepted).
Business must have been operational for at least 12 months.
A credit score of 670 or higher is required.
Specialty Trade Contractors with a FICO score of 650 or above.
Must have annual sales exceeding $30,000
Must be up-to-date on all existing credit responsibilities.
No record of tax liens, judgments, credit .freezes, or bankruptcies in the last 24 months
Not operating in prohibited sectors.
No businesses that have secured an HCD loan within the previous 90 days.
Not located in HI, NJ, PR, MI, NV, or the Caribbean Islands.
No, you need to be a United States citizen with an SSN to qualify for a business loan through Camino Financial.
No, we cater our business loans to businesses that have established credit history.
No, we don’t require any type of collateral, only a UCC lien.
Keep Reading
How to Get Restaurant Financing
Read moreRestaurant Equipment Financing: The Best Lending Options & Everything You Need To Know
Read moreRestaurant Business Plan: A Short Guide on How to Start
Read moreHow to Increase Restaurant Sales: Best Ways to Grow Your Business
Read moreWhat is the Profit Margin in Restaurants?
Read moreMost Popular Types of Restaurants in the US
Read moreCamino Financial does not extend small business loans to businesses operating within these industries: Transportation, Warehousing, Real estate, Financial investing or processing, Cannabis industries, Adult entertainment, Car dealerships, Credit unions, and other sectors Specialty Trade Contractors require a FICO score of 650 or above. No businesses that have secured an HCD loan within the previous 90 days. Not located in HI, MI, NV, NJ, PR, MA, NY, ND, OH, PA, or TN; plus IN, NE, or WV for Sole Props. *Other loan options are reviewed on a quarterly basis
