How do you get a Restaurant Business Loans if I am in Palm Coast, FL

Business owner smiles outside her restaurant

If you’ve tried obtaining one loan through your bank but they either refused to grant you a loan or the loan options offered did not meet your needs however, you’re still left with other options in Palm Coast, FL!

Restaurant business funding possibilities are available in the area of Palm Coast, Florida

Line of Credit

A business owner who has been approved is granted a line of credit by a brick-and-mortar institution or an alternative lender. There is usually a spend amount that has to be paid every month or annually before the business is able to draw additional credit. This option is beneficial for two reasons:

  • It gives business owners working cash when they require it and also the flexibility to choose the amount they require
  • It helps business owners improve their credit score for business.

Cash flow management is an effective method to manage cash for purchasing more inventory or other unplanned expenses.

Consider a revolving line of credit, which gives you access cash whenever you require it.


Cosy table in restaurant against the bar rack

Term Loan

Make use of it to fund your business, like major purchases or expansion projects.

Have the money you require in advance at a low cost, with the option to apply for more as needed. This might be a suitable option if you’re able to set a timetable for your work or you begin looking for funds long before when you need to have cash in your bank.


View of an empty outdoor restaurant on the beach.

SBA (Small Business Administration) Loan

A Small Business Administration, or SBA, loan is a loan of funds from The U.S. Small Business Administration

SBA loans typically demand applicants to make substantial amounts of personal or business collateral in order to guarantee the loan for proof of their personal investment in the venture. SBA loans also have lengthy application processes that can take weeks or even months in order to require applicants submit years of financial statements as well as create receipts for every major purchase they have made over several years. SBA loans could be a good fit especially if your project is on a flexibility in time and you don’t require cash on hand in a short time. SBA loans also give you flexibility in terms of the amount of money available. Many SBA approved lenders will make loans up to $5.5 million, The maximum allowed in the SBA.

Restaurant Business Loan Calculator in Palm Coast, FL

Calculator Disclaimer:

These calculators are designed as an aid and are not meant to replace the user-defined parameters. The default values are hypothetical and might not be appropriate for your particular circumstance. Before relying on the figures , consult a financial expert.


If you would like a quote or you just want know what other options you have in Palm Coast, Florida, please fill the form below:



The website’s operator is NOT a lender or a lending partner. It does not offer proposals for loans, nor does not broker online loans to lending partners or lenders. Customers who visit are connected with the lender or a lending partner. They are they are redirected exclusively to lenders and lending partners that provide small-business loan products.