If you're running or opening a quick-service restaurant (QSR) in Canada, you know how fast-paced and cash-intensive the industry can be. Whether you’re upgrading equipment, managing supplier payments, or expanding to a new location, access to financing can make or break your momentum.
In this guide, we’ll walk you through the most common restaurant financing options in Canada and introduce you to one flexible solution tailored to QSR owners.
Why QSR Owners Seek Financing
Restaurant operators often need working capital for:
Equipment purchases and upgrades
Renovations and expansion
Rent and supplier payments
Payroll and seasonal hiring
Marketing campaigns
Navigating cash flow gaps
Without access to funding, it's easy to miss out on growth opportunities or struggle with day-to-day operations.
Popular Restaurant Financing Options in Canada
1. Traditional Bank Loans
Banks typically offer low interest rates, but the approval process is slow and requires strong credit and detailed financials.
Best for: Large, well-established restaurants
Watch out for: Long approval times, strict requirements
2. Canada Small Business Financing Program (CSBFP)
A federal loan program that shares the risk with lenders, designed to help small businesses finance assets like equipment and leaseholds.
Best for: Equipment or property-related investments
Watch out for: Limited use cases not ideal for working capital
3. Merchant Cash Advances
This option allows you to borrow against future sales and repay a portion of your daily or weekly revenue.
Best for: Fast access to cash with flexible repayment
Watch out for: Higher cost compared to traditional loans
4. Business Line of Credit
A revolving credit line you can dip into as needed, paying interest only on what you use.
Best for: Managing unpredictable cash flow
Watch out for: Fluctuating interest rates
5. Equipment Financing
Helps you purchase equipment with the equipment itself as collateral.
Best for: Buying or upgrading restaurant hardware
Watch out for: Funds can only be used for equipment
What Lenders Typically Look For
Most financing providers will evaluate:
Monthly revenue: $10,000+
Time in business: At least 6 months
Credit score: 650 or higher
Location: Must be operating in Canada
A Flexible Financing Option for QSRs
Need a funding partner who understands the restaurant world? Merchant Growth provides financing tailored to QSR realities.
You can choose between:
Fixed Payment Loans
Borrow a lump sum based on your revenue and repay it in predictable daily or weekly payments.
Business Line of Credit
Borrow only what you need and pay interest only on the portion used perfect for seasonal dips or short-term projects.
Typical Terms:
Loan range: $10,000–$800,000
Term length: 6 to 24 months
Minimum requirements: $10K/month in revenue, 6+ months in business
💡 Ideal for renovations, marketing, hiring, equipment upgrades, and more.
👉 Get a free quote or learn more
Final Thoughts
Quick-service restaurants thrive on speed and your financing should too. Whether you're covering payroll during a rush or preparing to open a second location, the right funding can keep you moving forward.
Just remember: evaluate your needs, understand the repayment terms, and work with partners who know the QSR space.
