Lendus.

Restaurant Business Loans

From refurbishments to new openings, fund your restaurant with confidence. Lendus compares 200+ lenders so you can focus on the food, not the finance.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Range

£5k – £500k

Average Loan

£75k

for restaurant

Decision Speed

24–48 hrs

for unsecured loans

Eligibility requirements

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Loan types available

Unsecured Business Loan

Rate
7.9% – 29.9% APR
Term
1 – 5 years
Security
No security required
Best for
Kitchen upgrades, marketing campaigns, hiring staff, and covering seasonal cash flow dips

Secured Business Loan

Rate
4.9% – 15.9% APR
Term
1 – 15 years
Security
Commercial property or personal property
Best for
Purchasing premises, major refurbishments, or opening a second site

Merchant Cash Advance

Rate
Factor rate 1.15 – 1.45
Term
3 – 18 months
Security
Repaid as a percentage of card takings
Best for
Restaurants with high card transaction volumes needing quick, flexible capital

Representative example

Borrow £75,000 over 36 months at 9.9% APR (fixed). Monthly repayment: ~£2,417. Rates depend on your circumstances and the type of loan.

Market context

The UK restaurant sector generates approximately £41 billion in annual revenue and employs over 1.8 million people. There are around 90,000 restaurants operating across the UK.

Common challenges

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Bad credit?

Several of our 200+ lenders work with restaurant businesses that have imperfect credit. You may need a personal guarantee or higher rate, but options exist. Our eligibility check uses a soft search — no impact on your credit score.

Frequently asked questions

What type of loan is best for opening a new restaurant?
For a new restaurant opening, a secured business loan typically offers the best rates if you have property to use as collateral. You can borrow larger amounts over longer terms, keeping monthly repayments manageable. If you don't have property security, an unsecured loan of up to £500,000 is possible with a strong business plan and personal guarantee. Lendus will compare both options to find the right fit.
Can I get a loan for a restaurant refurbishment?
Yes, refurbishment loans are one of the most common uses of restaurant finance. Depending on the scale of works, you can use an unsecured loan for smaller refits (under £150,000) or a secured loan for major renovations. Some lenders offer specific hospitality refurbishment packages with repayment holidays during the renovation period.
How does a merchant cash advance work for restaurants?
A merchant cash advance gives you a lump sum upfront, which you repay automatically as a fixed percentage (typically 10-20%) of your daily card transactions. When your restaurant is busy, you repay more; when it's quiet, you repay less. There are no fixed monthly payments, making it ideal for businesses with fluctuating revenue. It is one of the fastest forms of finance, often funded within 48 hours.
Do I need to provide financial projections to get a restaurant loan?
For unsecured loans under £50,000, most lenders require just 3-6 months of bank statements and basic business information. For larger loans, particularly for new openings, lenders will want to see a business plan with financial projections, details of your lease or property, and evidence of your experience in the hospitality sector. Lendus can guide you through exactly what each lender needs.

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