Equipment Loans
Borrow a set amount, make fixed monthly payments, and own the equipment when the loan is paid off. 0-20% down, terms 36-60 months. Rates 6-15%. Ideal if you plan to use the equipment long-term.
Financing program
Gas ranges, charbroilers, convection ovens, and combi ovens cost $5,000-$200,000+ depending on size and configuration. Spread the cost with equipment financing. Decisions in 24-48 hours. Restaurants and food service nationwide.
Yes. Commercial kitchen equipment finances over 36–60 months at 600+ credit with 0–20% down, typically $5K–$200K+ for a package, with approvals commonly in 24–48 hours. Ranges and ovens run $5,000–$30,000+, fryers and griddles $3,000–$15,000+. Financing the build-out rather than paying cash is what keeps opening capital available for payroll and inventory.
Commercial kitchen equipment includes gas ranges, charbroilers, convection ovens, combi ovens, flat-top griddles, fryers, and cooktops. Equipment supports full-service restaurants, quick-serve, catering, and food service. But with full kitchen packages reaching $200,000+, paying cash ties up capital needed for inventory, payroll, and growth.
Restaurant revenue is often seasonal or variable. Paying large sums upfront for ranges and ovens can strain reserves. Equipment financing spreads the cost over the equipment's useful life. Lenders finance kitchen equipment readily—Vulcan, Garland, Blodgett, Rational, and True are common. Apply now for restaurant equipment financing. See restaurants business financing for industry context.
Commercial kitchen equipment includes gas ranges, charbroilers, convection ovens, combi ovens (steam/convection), flat-top griddles, fryers, and cooktops. Ranges and ovens are core cooking equipment. Charbroilers and griddles handle high-heat cooking. Combi ovens offer flexibility for roasting, steaming, and baking. Brands like Vulcan, Garland, Blodgett, Rational, and True are common. Kitchen equipment is essential for restaurants and food service operations.
Ranges, ovens, griddles, and fryers form the backbone of restaurant kitchens. Lenders finance commercial kitchen equipment readily—essential for operations. Vendor programs (Wells, Follett) often offer promotional terms. Full kitchen buildouts can bundle equipment; new locations and remodels are common use cases. Approval typically 1-5 days for qualified applications.
Several financing structures work for kitchen equipment. Choose based on cash flow, tax situation, and ownership goals.
Bundling with refrigeration or ventilation may improve terms. Use working capital for operating expenses; use equipment financing for the kitchen itself. Compare equipment loan vs lease.
Borrow a set amount, make fixed monthly payments, and own the equipment when the loan is paid off. 0-20% down, terms 36-60 months. Rates 6-15%. Ideal if you plan to use the equipment long-term.
Lower monthly payments than loans. At lease end, return, purchase at fair market value, or upgrade. Operating leases treat payments as operating expenses. Loan vs lease.
SBA 7(a) and 504 loans offer longer terms (7-10+ years) and lower down payments. Approval typically 30-60+ days. Best for full kitchen buildouts or new locations. View SBA loans.
Gas ranges run $5,000-$30,000+. Charbroilers and griddles cost $3,000-$15,000+. Convection ovens run $2,000-$15,000+. Combi ovens cost $15,000-$50,000+. Full kitchen packages can exceed $200,000. Used equipment typically costs 20-35% less. Obtain a written vendor quote. Many lenders finance used equipment.
Interest rates typically range from 6-15% for equipment loans and leases. See typical equipment financing rates. Terms commonly run 36-60 months; SBA loans extend to 7-10+ years. Use our financing calculator to model scenarios. Down payment typically 0-20%.
Lenders evaluate credit, down payment, time in business, revenue, and equipment quote. Meeting these improves approval odds.
| Requirement | Typical Range |
|---|---|
| Credit score | 600+ (680+ for best rates) |
| Down payment | 0-20% |
| Time in business | 1-2+ years (startups may qualify) |
| Revenue | Proof of business income |
| Equipment quote | Written quote from vendor |
Have these ready: 3-6 months of business bank statements, last year's tax returns (business and personal if required), recent profit and loss, equipment quote or proposal, business formation documents, and basic business info (EIN, formation date, ownership). What do lenders look at.
Apply when you have a clear equipment need, a written quote, and financials that show your business can support the payment. Apply before you need the equipment—approval often takes 1-5 days. Axiant Partners matches restaurants with lenders—submit once, hear from us the same day.
Pay down balances, correct errors, avoid new credit before applying.
Clean bank statements and consistent deposits speed approval.
Quality used ranges and ovens may cost less and improve approval odds.
Reduces lender risk and can improve approval or lower your rate.
Combining kitchen, refrigeration, and ventilation may improve terms.
Axiant Partners connects you with multiple lenders—increasing approval odds.
Lenders need it to structure the loan.
Causes delays. Gather everything upfront.
Terms, fees, prepayment penalties matter.
Rush approvals may limit your options.
Quality used kitchen equipment can cost 20-35% less.
Paying cash ties up working capital needed for inventory, payroll, or growth. Financing spreads the cost over the equipment's useful life and preserves liquidity. Equipment loans and leases offer tax benefits—Section 179 and bonus depreciation for purchases, lease payments as operating expenses. Many restaurants prefer to finance to keep reserves for emergencies or opportunities.
Standard equipment financing approval takes 1-5 business days from application to funding.
01
Obtain vendor quote. Complete one application.
02
Programs fit your kitchen equipment purchase.
03
Decisions in 24-48 hours for many applications.
04
Sign documents. Funds go directly to the seller.
Browse financing for similar restaurant equipment. One application, we match you with lenders.
Walk-ins, reach-ins, prep tables. Refrigeration financing ?
Point-of-sale, tablets, terminals. POS financing ?
Pass-through, flight-type. Dishwasher financing ?
Exhaust hoods, make-up air. Ventilation financing ?
Yes. Many lenders finance used ranges, ovens, and cooking equipment in good condition. Used equipment may require larger down payment and shorter terms.
Most lenders look for 600 or higher. 680+ typically qualifies for best rates.
Yes. Bundling ranges, ovens, refrigeration, and other equipment may improve terms and simplify one application.
1-5 business days for equipment loans and leases. SBA adds 30-60+ days.
Leasing offers lower monthly payments. Buying builds equity. Compare both based on your cash flow. Equipment loan vs lease.
Typical: 3-6 months bank statements, tax returns, P&L, equipment quote, business formation documents.
Applications reviewed the same day. We match restaurants with lenders for kitchen equipment financing.