This is a common question for many new restaurateurs. Starting up a new restaurant, whether it’s for the first time ever or simply a new location or type of restaurant, can be a little overwhelming. Naturally, the more experience you have with starting up restaurants, the easier it seems and the less stressful the process is.
That said, it’s not uncommon for anyone, regardless of experience in the restaurant industry, to seek out funding options for their new restaurant, from a start up restaurant loan to the option to lease restaurant equipment and more.
To answer the question, “can a startup restaurant get financing?” requires looking into the individual situation a little more. The short answer is yes. But make sure to consider the following scenarios and variables as you look for financing or try to lease restaurant equipment.