Startup Company Loans Guide: All You Need to Know

Not many people have the finance to finance a restaurant that’s just picking up. Surprisingly, there is at least one startup company being opened every hour. So, you’re left to ask: Where do these people get the financing?

Some people sell all their belonging to raise some money to start their restaurant, which isn’t too bad.

On the other hand, some people join partnerships where they can invest. Lastly, other people opt for restaurant loans, which is by far the best option.

If you’re serious about starting your restaurant, here’s how to get a loan and get your business rolling:

Your Restaurant Startup Cost Revealed

Now, it’s meaningless to ask your bank to lend you a large sum of money without providing the necessary documents is useless. Therefore, the more information you have, the higher the chances of securing a restaurant loan.

And before you find yourself at the bank requesting for a loan, make sure you have a figure in mind that you need.

Usually, your loans and personal funds should cover:

  • Loan guarantee fee – This is the percentage loan amount that you’ll pay to the lending institution in case you fail to pay off your loan fully.
  • Loan repayment including the interest – This is the money you’ll pay at a regular specific percentage. Usually, you can agree on this with your lending institution.
  • Commercial lease – This is an amount you’ll pay every month to cover for the space you will be running your restaurant.
  • Restaurant insurance – This is a coverage that protects your restaurant against the unexpected calamities like theft, fire, property damage, accidents among others.
  • License Fees – It is important to note that license fees vary depending on the country or state you come from. All the same, one of the common licenses is liquor licenses.
  • Employee wages and benefits – Mandatory payments for tipped staff may differ from state to state. On the contrary, non-tipped workers should be paid a minimum of the state’s minimum wage.
  • Renovations – There’s a need to bring back the life of your restaurant building. Some glass fitting for the windows could be relevant.
  • Kitchen equipment– Honestly, are you going to operate a restaurant without the kitchen equipment? This is what ought to have been in the first spot. All the same, now you know that kitchen equipment should be your top priority when negotiating a loan.
  • Starting stock or inventory – You’ll need a stock to kickstart your restaurant business. Therefore, it would be best if you crafted a sample menu to help you in estimating the amount you’ll need. Additionally, you will need furniture and other stuff to get you rolling.
  • Working capital – It’s obvious that you’re down financially and that’s why you are seeking a loan, but you should have the idea of working capital. Working capital is that amount you will need to keep your restaurant business running every day.
  • Marketing capital – You need to get your brand out there, and it doesn’t happen by keeping quiet. You need to invest in a tactful marketing plan to ensure that you stand out from the crowd.

Restaurant Loans You Should Look For

There are many things you should put into consideration before you select the type of restaurant loan. These include the collateral requirements, interest rates, and down payments. Below are restaurant loans you can opt for:

1. Small Business Loans

Some banks have the option for small business loans, but most banks give small business loans using a partnership United States Small Business Administration (SBA).

SBA supports and protects your interest as a small business owner.

SBA must help you secure loans to start your business while also making it less likely for you to incur risks when you’re applying for these loans.

Usually, SBA has tons of options you can choose from, but the most common one is for restaurants.

Besides, SBA sets some guidelines which help the lending institutions when giving loans to those requesting for loans.

You can get a pre-approved loan from myinstantoffer to start your restaurant business, but there’s a need to have a good credit score.

2. Line Of Credit

In short, this is more of a credit card. It’s possible to get approved for a particular maximum credit, but you’ll only be required to use what you’ve spent.

That means that when you are approved for $50,000 line of credit and use just $25,000, then you’ll only pay the $25,000 that you have spent.

Just like a credit card, a line of credit also revolves. That is to say, as you trim your balance, there’s more credit for your future expenses.

3. Traditional Commercial Loan

Lastly, you can opt for a direct loan through your bank, but you must have a good credit score. Sadly, you’ll need to be patient because you’ll be required to wait for at least six months before you get approved.

The good news is that if approved, you’ll be given a much lower interest rate of between six to eight percent, which will save you.

Another thing is that you will also decide on whether to go for a short-term or long-term loan. Note that long-term loans aren’t the best if you are starting.

Over to You

It doesn’t matter the amount you need or your current financial status. You can still secure a loan from any of the banks or lending institutions to help you get started. Follow the guidelines above to a tee.

See our next post: Bacon and Apple Sandwich

Bacon and Apple Sandwich – The Zone Diet Recipes


  • 1 1/2 teaspoons natural peanut butter (3 blocks fat)
  • 3 oz. lean Canadian bacon (3 blocks protein)
  • 1/2 apple sliced thinly (1 block carbohydrate)
  • 1/2 cup alfalfa sprouts
  • 1 slice rye bread (2 blocks carbohydrate)

Lightly toast bread and spread with peanut butter. Layer Canadian bacon, apple and sprouts. You may also cut back on Canadian bacon and serve with low-fat cottage cheese.

Blackened Tuna – The Zone Diet Recipes

3-block meal

I often do not have time to cook lunch, so this is a perfect solution and tastes good.


  • 1 package broccoli (9 grams carb.)
  • 1 package tuna (in the pouch)
  • Blackening seasoning
  • 18 almonds
  • 2 block piece of fruit

Mix broccoli, tuna, and seasoning and microwave. The flavour is good, it takes 5 minutes, and you can store almost all the ingredients at work or in your car for those days you don’t have time to cook. Eat the almonds on the side, and finish with a piece of fruit for the remaining two blocks.

Blueberry Cottage Cheese – The Zone Diet Recipes


  • 3/4 cup low-fat cottage cheese (3 protein)
  • 1/2 cup plain yoghurt (1 protein and 1 carbohydrate)
  • 1/3 cup unsweetened applesauce (1 carbohydrate)
  • 1 cup blueberries (fresh or frozen) (2 carbohydrates)
  • 4 teaspoons slivered almonds (4 fat)

This recipe requires a blender or food processor. Place blueberries and applesauce, nutmeg and cinnamon in a blender and pulse 2 or 3 times. In a medium bowl, combine the blueberry mixture, yoghurt and cottage cheese. Sprinkle with almonds and serve.

Almond Oatmeal Cookies – The Zone Diet Recipes

We all want something sweet once in a while. This recipe for almond oatmeal cookies, sent in by reader Stu Ross, makes cookies that are a great snack and are nicely balanced with one mini-block each of protein and carbohydrate and 1/2 block of fat.

Recipe for Zone Almond Oatmeal Cookies


  • 1/4 cup Almond Butter
  • 1/2 cup plus 1 Tablespoon Fructose, powdered
  • 2 egg whites
  • 1/2 teaspoon Real Vanilla Extract
  • 1/2 teaspoon Almond Extract (optional)
  • 1 cup plus 2 Tablespoons Protein Powder (I used Whey Protein)
  • 1/2 teaspoon Baking Soda
  • 1/4 teaspoon Ground Nutmeg
  • 1/2 teaspoon Ground Cinnamon
  • 1/4 teaspoon salt
  • 1/2 cup Water (optional)
  • 1 1/2 cups Oatmeal

Makes 24 cookies, each cookie has 1 block of protein and carbohydrates and 1/2 block of fat. You can increase the fat blocks by sprinking ground or slivered almonds on top of the cookies.


In a large mixing bowl, mix with an electric mixer or food processor Almond Butter and Fructose until somewhat smooth Mix in the egg whites, vanilla and Almond Extract if using In a second bowl mix Protein Powder, Baking Soda, Nutmeg, Cinnamon and Salt Add the water to the powders (if using) and mix Add the powder mixture to the Almond Butter/Fructose bowl, stir well Stir in the Oatmeal

Preheat the oven to 350 Degrees F Place parchment paper on cookie sheets (this is because the cookies have little fat in them, fat keeps cookies from sticking) Divide the batter into 24 cookies in several batches, 9 to 12 is good per sheet depending on the cookie sheet size, the cookies can spread Bake for 8 minutes, take off sheet and let them cool
Why the optional ingredients? The almond extract is for those that like almond in cookies a lot. The water is for the texture of the cookie itself. If you use no water the batter will be very sticky and the cookies will be very dry (like biscotti). With 1/2 cup water the cookies will be more cake like and moist. You decide, I like the moister version myself.

Breakfast Casserole – The Zone Diet Recipes


4 slices regular bread [6C]

one 6oz package lean ham, cut into cubes [4P,4F]

one cup light cheddar cheese, shredded [4P,18F]

10 eggs equivalent of egg substitute [10P]

Dried mustard to taste

Serve with 1 apple [2C] to round out carb blocks


Combine the above ingredients the night before baking. Store in refrigerator overnight.

The next day, place mixture in a 9X13 baking dish, and bake at 350 degrees for 40 minutes covered. Remove cover for the last 5 minutes of baking to evaporate excess liquid.

Can be eaten immediately or stored in fridge for one week. I cut the pan into 12 equal squares, eating 2 squares for breakfast each day. Pair with an apple and the three block carb requirement is fulfilled.

Applesauce Burgers – The Zone Diet Recipes


  • 2/3 cup unsweetened applesauce (chunk style if you can find it) (2 blocks carbohydrate)
  • 1/3 cup old-fashioned oatmeal (1 block carbohydrate)
  • Dried minced onion, to taste
  • 3 oz. ground skinless turkey breast (2 blocks protein)
  • 3 oz. lean ground beef (at least 90 percent lean) (2 blocks protein)
  • Sliced apple wedges (1/2 block carbohydrate
  • 1 large salad (1/2 block carbohydrate)
  • 1 1/3 teaspoons olive oil and vinegar dressing (4 blocks fat)


Preheat the broiler. In a bowl, mix together 1/3 cup applesauce, oatmeal and onions. Add turkey and beef. Mix well and shape into one or two patties. Spray nonheated broiler pan with nonstick coating. Place patties on the rack. Broil for five minutes. Turn over. Broil 5 minutes more or until meat is no longer pink.

Heat remaining applesauce and serve over burger. Serve apple wedges on the side. (Adjust, depending on size of salad).