How to Finance Your Restaurant’s New Makeover

Remodeling your own restaurant is an exciting and thrilling adventure. However, there are many things that need to be done before re-opening your redecorated doors to the public. For instance, you need to create a plan for financing your restaurant’s operations, marketing, equipment, and makeover.

Your makeover can include getting new restaurant equipment like dining tables chairs, kitchenware such as refrigerators, freezers, and grills. It can also include repairing your air conditioner, toilets, replenishing your cleaning essentials, and transforming your cash registers.

Let’s take a look at the many different ways in which you can finance your restaurant’s makeover.



One of the first things you can do is find people that are interested enough in your restaurant idea to become investors. It’s important to know how you’ll be able to pay back your investors through your services or other perks to ensure you retain their interest. You should have already developed a business plan that establishes the different ways in which you will pay them back and a timeline that you will need to follow to make it happen. Investors can be anyone from strangers to your friends and family members.

You can use this money to purchase things that enhance the restaurant’s aesthetics such as fire pits in Denver, CO. You can beautify your restaurants with metal fire pits that can bring warmth to your outdoor space and create a specific type of ambiance. There are locally made in Colorado, Run on natural gas, and use lava rock or fire glass to keep the flames alive. They come in different sizes, shapes, and colors so you can choose the perfect style for your restaurant.

Small Business Loans

Another way to finance your restaurant’s makeover is by getting a loan from the US Small Business Association or SBA. They offer different types of loans for different types of small businesses, and many of them come from banks, credit unions, and other financial institutions to help business owners like yourself.

An alternate to this would be to Google search “lease restaurant equipment no credit check” and to click on The Restaurant Warehouse. The Restaurant Warehouse will help your business remodel by directly financing your equipment with affordable monthly payments. They don’t check credit scores and can approve financing from $1,000 to $100,000 at a time. Financing your new equipment with The Restaurant Warehouse will ensure you have enough cash flow to continue growing your business as you install your newly financed equipment.

Bank or Credit Union Loans


One of the most popular ways to finance new restaurant equipment for your remodeling project is through a bank or credit union loan. There are many pros and cons to this option as you will generate a lot of interest which will add to the balance of your loan. A lot of financial institutions become cautious when it comes to providing loans for restaurants due to their high failure rate. However, if you have a well-established business plan and a good reputation for your restaurant, then a loan from one of these entities may just be the right thing for you.


Another way to finance your restaurant makeover is to use crowdfunding. Crowdfunding is a way to reach the general public and ask for different amounts of money that will help you reach a specific goal such as buying a new commercial freezer, natural gas fire pits, or other restaurant equipment. Some of the more popular crowdfunding sites right now are Kickstarter’s and Indiegogo.

Your Pockets

Lastly, you can use your own savings and credit cards to purchase your new restaurant equipment and materials for your restaurant’s renovation project. This can be a risky road to take as your accrued interests can skyrocket and you may deplete your life savings. Exercise a lot of caution when opting for this route as it can backfire through high-interest rates and even bankruptcy. These financing ideas are tried-and-true so you can pick the one that best works for you.