Restaurant Business Loans: Is Long-Term Financing Right for You?

For many restaurant owners, short-term restaurant business loans provide the fast access to capital they need to accelerate the growth of their business. However, if you’re a restaurant owner with plans to use restaurant business loans in order to:

  • Purchase, Expand, or Remortgage Commercial Real Estate
  • Open a Franchise Location
  • Start a New Business
  • Make Ongoing, Unexpected Purchases

Consider Long-Term Restaurant Business Loans

The Business Financing Advisors at NBC suggest securing restaurant business loans that offer larger amounts, and longer terms to accomplish these sort of goals. Here are a few long-term restaurant business loans offered by NBC that restaurant owners nationwide are using to grow and expand their business:

Commercial Mortgage Loans

With loan amounts ranging from $500,000—$10 million, and term lengths ranging between 15-25 years, these restaurant business loans are specialized to help purchase, expand, and remortgage new and existing restaurants. With low rates, and the ability release equity, NBC’s financing advisors are helping restaurant owners reclaim ownership of existing establishments, as well as purchase new locations.

Franchise Financing

McDonald’s, Dunkin Donuts, Taco Bell and Subway are just a few examples of the many restaurant franchises NBC has helped purchase new or additional locations.

With competitive loan terms and a fast access to funding, franchises across the country are turning to National Business Capital for these specialized restaurant business loans. Opportunities for the growth and expansion of a franchise can be fleeting—franchise financing through NBC ensures fast funding to take immediate advantage of good fortune.

Business Lines of Credit

Although not technically a restaurant business loan, NBC is flooded with applications for business lines of credit from restaurant owners who require immediate access to cash on-hand for unexpected purchases.

All restaurant owners know: stuff happens.

  • Food spoils.
  • Ovens stop working.
  • Pipes break.
  • Ceilings leak— the list goes on.

On the flip side, good stuff happens too.

Business lines of credit are incredibly popular financing options among restaurant owners who contact NBC, as they help their restaurants prepare for Spring by granting the ability to take immediate action for any circumstance. When faced with an unexpected challenge, or an exciting opportunity for growth,  business lines of credit grant access to capital as needed, and only require payment for what you use.

Something to Keep in Mind:

Many restaurant owners who contact NBC are convinced that they require long-term financing options for short-term business needs. In some cases, these truly are the perfect business financing options. In others, NBC’s financing advisors suggest exploring the large variety of other financing options they have to offer, which may have terms that better fit their business needs.

Committing to repayment terms that span many years may restrict restaurants from being able to overcome future challenges, and take advantage of opportunities for growth down the road. With help from NBC’s financing advisors, many restaurant business owners secure restaurant business loans that they previously weren’t aware of, including equipment loans and merchant cash advances, and wind up saving thousands of dollars per year as a result.

Are Long-Term Restaurant Business Loans Right for You?

Contact NBC’s expert financing advisors at (877) 482-3008, available 24/7 to answer any questions, and help you decide if long-term financing is right for your business. Or, fill out NBC’s 1-page, 1-minute application online, and get approved in as little as 24 hours.

About the Author, David Surrusco
David Surrusco is the Head Content Writer at National Business Capital, is best known for his work in creating what has become the best business financing blog known to mankind: The NBC Advisor.