Industry guide
Business finance for cafés and hospitality
Cafés, restaurants and bars take payments daily, so finance with daily or weekly repayments and equipment finance for fit-outs and kitchen gear tend to fit best.
The cash-flow pattern we plan around
A café takes payments each day, with strong weekends and quieter mid-week trade.
What cafés and hospitality typically fund
- Fit-out and refurbishment
- Coffee machines, ovens and cool rooms
- Stock and seasonal staffing
Documents lenders usually ask cafés and hospitality for
- ABN
- 6 months of bank statements
- Merchant statements
Finance options for cafés and hospitality
Unsecured business loan for cafés and hospitality
For a café, daily repayments drawn from card takings can feel lighter than one monthly hit. Your broker checks the factor rate against the total cost so the daily convenience does not hide an expensive loan..
Equipment loan for cafés and hospitality
An equipment loan is a secured business loan used to buy machinery, vehicles or technology, with the equipment itself as security and fixed repayments over 1 to 7 years. It covers new and used assets from dealers or private sellers.
Finance lease for cafés and hospitality
Fit-outs and equipment that will be refreshed in a few years often suit a finance lease, keeping payments deductible and the end-of-term decision open..
Business line of credit for cafés and hospitality
A business line of credit is an approved limit you can draw on, repay and redraw as needed, paying interest only on the amount used. It suits businesses whose funding needs rise and fall through the year.
Key terms
Hospitality business finance
Hospitality business finance is lending sized to daily card takings, commonly structured as daily-repayment unsecured loans, equipment finance for kitchen assets and lease finance for fit-outs.
Questions from cafés and hospitality
How quickly can I access funding?
Timing depends on the lender, your application and the documents available. Tell us your deadline so we can explain the likely timing and what is needed to move forward. Funding is subject to lender approval and completion of any conditions.