Restaurants, cafes and counter-service kitchens in DeLand, Florida can send funding requests through Sableport Capital Group to its funding partners. In 2023 the county's Census employer file listed 525 full-service and 407 limited-service restaurants. This page covers restaurant loans, kitchen equipment, remodels, new openings, credit lines and cash advances.
At a glance
- Full-service restaurants, Volusia County, FL
525 employers (County Business Patterns 2023)
- Limited-service restaurants
407 employers (County Business Patterns 2023)
- Full-service restaurant employees
12,694 (County Business Patterns 2023)
Loans for Restaurants: Sit-Down Dining Rooms and Their Kitchens
Restaurant loans cover the two halves of a kitchen's money. Equipment and remodels last for years and suit equipment financing or a term loan. Food, wages and rent come due every week and suit a line of credit. Full-service restaurants counted 525 employer establishments in Volusia County, FL in 2023, with 12,694 employees and $320.3 million in payroll, about $25,230 per employee for the year (our arithmetic; County Business Patterns 2023).
Only 22.5% of those full-service restaurants had fewer than five employees (County Business Patterns 2023), so a dining room's payroll is a large, fixed weekly bill. Add the two restaurant codes and the county had 932 of them (our arithmetic: 525 plus 407).
Restaurant Lenders and Counter-Service Kitchens
Limited-service restaurants, the Census group for counter-service kitchens, pizza shops and takeout, counted 407 employer establishments in Volusia County, FL in 2023, with 7,844 employees (County Business Patterns 2023). They run on card and app orders, so a reviewer reads card-processor statements, delivery-platform payouts and food-cost percentages beside bank statements.
Banks and credit unions lend to restaurants with a track record and full financials. Equipment funders take the kitchen equipment as security. Specialty funders read deposits and can work with shorter histories at different prices. Each is a different kind of restaurant lender, and a request can go to whichever suits the need.
A Restaurant Cash Advance Set Beside a Credit Line
A merchant cash advance is not a loan: a provider buys part of future card sales and collects a share of each day's receipts. Illustration only, invented figures: a $30,000 advance at a factor of 1.28 means $38,400 is collected, a cost of $8,400 (our arithmetic), however quickly the card sales reach it.
A line of credit for the same gap charges interest only on what is drawn and can be paid down at any time. Put both in total dollars before choosing. The merchant cash advance page explains the factor and holdback.
How to Finance a Cafe, Diner or Taproom Kitchen
Illustration only, invented figures: a $58,000 package of hood, fire suppression and cookline financed over 60 months at an invented 10.5% annual rate works out to about $1,247 a month (our arithmetic). The equipment secures the loan, and used units can be financed over shorter terms.
- Get dealer quotes with model numbers, and installation costs listed separately.
- Check whether the hood work needs a permit and an inspection.
- Decide which pieces to buy and which to lease, by how long each is kept.
- Line up card-processor statements for the last twelve months.
How to Get Funding for a New Restaurant Around DeLand, FL
A restaurant with no operating history has the narrowest path, and this site does not arrange funding for startups with no history. An owner who already runs one kitchen and is opening a second has a track record a partner can read: the first location's sales, food costs and payroll, and a budget for the new one.
For a second location, keep the build-out budget, the lease, equipment quotes and a ramp-up payroll plan in one file. The build-out and equipment fit a term or equipment loan; the first months of wages fit a line.
How to Finance a Restaurant Remodel in a Sit-Down Dining Room
Illustration only, invented figures: a $120,000 dining-room and bar remodel financed over 72 months at an invented 11% annual rate comes to about $2,284 a month, with about $44,454 in interest across the term (our arithmetic). A remodel expected to last ten years fits a six-year schedule; one expected to last three does not.
Permits, contractor quotes and a plan for running during the work belong in the request. A partner reads how sales held up during any earlier closure.
Commercial Kitchen Equipment Dealers: Programs to Compare
- The dealer's own finance program and its promotional terms, if any.
- A lease with a fair-market-value buyout against one with a one-dollar buyout.
- Whether installation, delivery and old-unit removal are financed.
- What warranty comes with the equipment, and who services it.
Drinking places counted 78 employer establishments in Volusia County, FL in 2023 (County Business Patterns 2023); bars finance draft systems and coolers through the same kinds of programs. Equipment financing spells out loans against leases for a bar's coolers too.
New Restaurant Business Loans Around DeLand, FL: The Payroll Gap
Illustration only, invented figures: a restaurant's weekly payroll is $14,200 and its food order $9,800, $24,000 out the door before the weekend's card batches settle (our arithmetic). A line of credit covers that every week and is paid down as settlements land; a working capital loan covers a single larger gap, such as a kitchen repair.
Bars and taprooms get their own article: what financing options a bar has.
By Sableport Capital Group · Updated