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How does a restaurant get working capital fast?

Figures verified 2026-09-21

The short answer

Speed is decided by your bank statements, not by the lender. Underwriting reads the last three months, so the file moves as fast as you send them. The floor is 600 FICO, 6 months in business and $60,000 a year, with an $800 minimum average daily balance. The most common reason a fast application stalls is a third open advance — the cap is two.

What slows a restaurant application down

In order: a third open position (an automatic decline, not a price adjustment), more than five combined NSFs and negative days in a month, an average daily balance under $800, and statements sent as photos rather than bank-issued PDFs. Fix those four and the file is quick.

What you need to qualify

ProgramMin FICOMin time in businessMin revenuePositions allowed
Revenue-based financing6006 months$60,000/yrUp to 2
Bank-style line of credit6503 years$300,000/yrUp to 2
Bank-style term loan6503 years$300,000/yrFirst position only
Renewal of an existing advance5502 yearsSet by the originalNo add-on if another position exists

How much, and on what terms

ProductAmountTermCost and conditions
Line of credit$10,000 – $350,00012–36 monthsFrom 1%/mo, 2.49% draw fee, $10,000 minimum draw
Term loan$10,000 – $250,00012–18 months0% origination; capped at 15% of annual revenue
Revenue-based financingSet by monthly depositsVariesRepaid as a share of receipts

What your bank statements have to show

MeasureThresholdApplies to
Minimum average daily balance$800revenue-based
Minimum average balance$5,000 or 10% of monthly revenue, whichever is greaterbank-style
Deposits per month8 or morebank-style
NSFs per month6 maximum (24 per rolling 6 months)bank-style
NSFs + negative days per month5 maximum combinedrevenue-based
Negative days per month3 maximum (9 per rolling 6 months)bank-style

Common questions

How many months of bank statements does a restaurant need?
Three for most programs. Financial statements are only requested above $250,000.
Can I get working capital with an existing merchant cash advance?
Yes, up to two open positions. A third is an automatic decline.
Does seasonality hurt a restaurant application?
Not by itself. Underwriting reads an average across the months, so a slow January against strong surrounding months is normal and expected.
Is a personal guarantee required?
Expect one. Every program we place underwrites the owner alongside the business.

Why we publish our numbers

Most pages answering this question give you a range and tell you to call. These are the actual thresholds an application is measured against, so you can tell before you apply whether you clear them. They are reviewed and updated here when they change.

See what you qualify for →