SBA loans are among the cheapest money a restaurant can get. They are also among the hardest to close. Preparation makes the difference.
The U.S. Small Business Administration does not usually lend directly. It guarantees part of loans made by approved banks and lenders, which lets them offer longer terms and lower rates to small businesses.
Usually business and personal tax returns, financial statements, a debt schedule, a business plan or projections for growth, and personal financial information. Gaps in these documents are the most common reason SBA deals stall.
SBA loans usually take weeks to months, not days. If the need is urgent, a faster bridge now and an SBA refinance later can be the smarter path.
We check whether your restaurant is SBA-ready, prepare the file the way lenders want to see it, and compare SBA lenders, not just one bank.
Tell us what you need. A concierge calls you back. See also: Growth financing.
Yes. Restaurants are eligible for SBA programs such as 7(a) and 504 if they meet the lender’s and the SBA’s requirements.
SBA 7(a) loans go up to $5 million. The amount you qualify for depends on your cash flow, collateral and credit.
Usually weeks to months. Good preparation of documents shortens the process.
General information, not financial or legal advice. Dracarys Finance LLC is a commercial finance broker, not a lender. All credit decisions and terms are set by third-party lenders and investors.
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