Our Programs → Restaurants & Bars
Need Real Estate Financing, Working Capital, or are you Looking for Loans for Restaurants? We Provide Help for That.
Your restaurant’s business expansion is closer than you think. Close fast.
Regardless of whether you are seeking to purchase or refinance your restaurant property or simply need working capital, we have financing options for you and simply provide loans for restaurants. As a Direct Lender for restaurant properties, Cressida Direct can help you grow your restaurant business. With an easy application process and straightforward loan terms, our restaurant loans get your kitchen going and growing!
- Refinance your business owned real estate
- Do you currently rent? We can help you own your restaurant building.
- Business and restaurant working capital loans for equipment & supplies
- Get cash out of your business real estate
- Make tenant improvements to your restaurant
Purchase/refinance commercial property, or fund your restaurant:
- Purchase real estate for your restaurant
- Refinance your business real estate
- Renovations & expansions
- Working capital restaurant equipment, inventory, and supplies
- Taxes
- Pay off higher interest debt
- & much more …
Commercial Real Estate Loan Solutions
Complete Program
Rates: 5.99% – 8.49%
Close Times: 30 – 35 Days
Best For
Credit-worthy investors or business owners looking for an alternative to restrictive bank financing.
Bank Statement Program
Rates: 6.49% – 9.49%
Close Times: 30 – 35 Days
Best For
Business owners who prefer to prove their income by providing 12 consecutive months of business bank statements instead of tax returns.
Stated Income Program
Rates: 5.99% – 9.49%
Close Times: 30 – 35 Days
Best For
Business owners who prefer to prove their income by providing 12 consecutive months of business bank statements instead of tax returns.
Business Loan Solutions
Working Capital Program
Rates: Start at 6.99%
Close Times: 5-20 Days
Best For
Business owners who may not own their business real estate or do not have equity in their real estate.
| Commercial Real Estate Loan Guidelines | Business Loan Guidelines | |
|---|---|---|
| Loan Purpose | Purchase, Cash Out, Refinance | Working Capital, Debt Consolidation |
| Status | Owner occupancy 50%+ of space | 2 Years Minimum Time in Business |
| Location | All states except: DE, ID, HI, MI, MT, ND, SD, VT, WV, WY | Nationwide |
| Borrowing Entity | Individual, LLC, partnership | S-Corp, LLC, C-Corp, GP |
| Loan Amount | $200,000 – $2,500,000 | $200,000 – $10,000,000 |
| Loan-to-Value | Up to 80% | N/A |
| Loan Term | Up to 30 years – no balloon | 6 Months – 5 Years |
| Amortization | Up to 30 years | Varies |
| Recourse | Yes, to the borrower | Yes & Lien on Assets |
| Rate Type | Fixed for 3, 5 or 30 years | Fixed from 6 Months – 5 Years |
| Credit | Minimum 650 middle credit score | Minimum 620 Middle Credit Score |
| Interest Rate | 5.99 – 9.49% | Starting at 6.99% |
| Prepayment Penalty | Flexible prepayment options | Varies |
| Ineligible Properties | Any property with underground hydraulics and/or lifts. | Most Business Industries Eligible |
| Eligible Borrowers | U.S. Citizens, Permanent Resident Aliens, Legal Entities | Same |
Get a FREE consultation today to find out your best options
or contact us at 877.308.7557
