Our Services
Loans for Hospitality & Food Industry | Fast, Reliable Restaurant Equipment Loan Solutions
Why Choose 13Loans for Your Hospitality Business?
Fast Approval Process
Get funds when you need them, not weeks later when you’ve lost business opportunities
Personalized Support
Work directly with experienced brokers who understand food and hospitality businesses
No Hidden Fees
Complete transparency throughout the loan process
20+ Years Experience
Benefit from our extensive industry knowledge in construction equipment loans
Hospitality Financing Made Simple
Running a food or hospitality business comes with unique challenges, and securing adequate financing for essential equipment shouldn’t be one of them. Our team at 13Loans specializes in finding the right restaurant equipment loan and food truck finance solutions that align with your business goals and seasonal cash flow requirements.
Whether you’re looking to upgrade kitchen appliances, purchase new serving equipment, renovate your dining space, or launch a mobile food business, our experienced brokers will guide you through available options to ensure you get the most suitable loan terms for your specific hospitality operation.
Common Assets We Finance
Our comprehensive hotel asset funding solutions cover virtually every aspect of modern hospitality operations. Click on any equipment category to learn more about specific financing options:
Eligibility & Documentation
Who Can Apply?
- Established hospitality businesses
- New restaurant and café entrepreneurs with clear business plans
- Food truck operators and mobile food businesses
- Catering companies and event food service providers
- Hotels, motels, and accommodation providers
- Pubs, bars, and entertainment venues
- Bakeries, patisseries, and specialty food producers
Required Documentation
- Business financial statements
- Tax returns (business and personal)
- Asset and liability statements
- Equipment quotes or purchase orders
- Business plan (for newer establishments)
- Seasonal cash flow projections (for larger loans)
- Industry-specific licenses and permits
Tailored Repayment Options
Seasonal Repayment Options
Align your loan repayments with your busy seasons, with reduced payments during slower periods and increased payments during peak times.
Flexible Term Lengths
Choose from short-term to long-term financing options based on equipment type, expected useful life, and your business’s financial strategy.
Balloon Payment Options
Reduce regular payment amounts with an optional larger final payment, ideal for equipment with strong residual values.
Early Repayment Flexibility
Take advantage of good business periods to reduce your loan balance without penalty fees.
FAQs About Hospitality Equipment Loans
How quickly can I get approved for restaurant equipment financing?
At 13Loans, we pride ourselves on our fast approval process. Depending on the equipment type and your documentation readiness, we can secure approvals for restaurant equipment loans in as little as 24-48 hours for many products.
Can I finance used hospitality equipment?
Yes! We offer hotel asset funding solutions for both new and quality used equipment, helping you maximize value while managing capital expenditure.
Do I need to make a down payment on food business finance?
While some financing options may require a deposit, we have multiple hospitality asset loan programs with little to no down payment required for qualified borrowers.
How long can I finance hospitality equipment?
Loan terms typically range from 2-7 years depending on the equipment type, though specialized machinery may qualify for extended terms up to 10 years. We align financing terms with the expected productive life of your equipment.
Are there tax advantages to financing hospitality equipment?
Absolutely. Various financing structures offer potential tax benefits including depreciation deductions and GST advantages. Our brokers can explain the options most beneficial to your specific situation.
Get Started with Your Hospitality Equipment Loan Today
Taking the next step in your food or hospitality business is just a conversation away. Contact our experienced team at 13Loans to discuss your restaurant equipment loan and food truck finance needs, and discover how we can help your enterprise thrive.