Restaurant equipment funding can finance new restaurant purchases such as: appliances (stoves, commercial ovens, refrigerators, fryers, grills, freezers, walk-in coolers, ice machines dishwashers, etc.), technology (point-of-sale systems), food trucks, and countless other food service devices. There are usually no restrictions for this type of financing. However, it’s possible for a financing company to have its own set of restrictions.

Typically the piece of equipment purchased serves as the collateral throughout the loan. However, it depends on the lender. For example, some lenders may require substantial collateral for large commercial kitchen equipment purchases if you have bad credit. Contact SBG Funding to learn more about our collateral requirements for the type of equipment you’re looking to purchase.