Business line of credit · Cafés and hospitality
Business line of credit 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.
How a business line of credit works 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. For cafés and hospitality, the key is matching repayments to how money actually moves: 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
Business line of credit for cafés and hospitality: the numbers
| Typical amounts | $10,000 – $500,000 |
|---|---|
| Term | 6–24 months |
| Indicative rates | 11.5% – 24% p.a. |
| Repayments | Weekly or monthly minimums on the drawn balance |
| Speed | 1–3 business days |
| Documents cafés and hospitality usually need | ABN · 6 months of bank statements · Merchant statements |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
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.
What is a business line of credit?
A business line of credit is a revolving facility with a pre-approved limit. You borrow only what you need, pay interest only on the drawn balance and can redraw repaid funds without reapplying.
Line of credit vs business loan
A business loan pays a lump sum repaid on a fixed schedule; a line of credit is a flexible limit drawn as needed. Loans suit one-off purchases, lines of credit suit fluctuating working-capital needs.
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.