Can my restaurant get a loan to cover payroll?
Your staff expects their checks on time whether you had a strong week or a slow one. We fund restaurants specifically for payroll all the time.
Timeline to get funded:
- Apply: 5 minutes
- Approval: 2 hours to same day
- Funding: Same/next day in most cases
Qualification checklist:
- $10K+ monthly deposits
- 450+ credit score
- 3+ months in business
- 4 months of bank statements
What missing payroll could mean:
| Issue | Cost |
|---|---|
| Lose experienced staff | Replacing a server costs $1,500-$3,000 in recruiting and training |
| Team morale damage | Harder to retain quality employees long-term |
| Labor law violations | Penalties start at $1,000+ per violation in most states |
| Reputation hit | Word spreads fast in the restaurant industry |
| Temporary closure | Lost revenues continue |
Sales dip after holidays. Snowstorms kill weekends. Insurance pays slow. If the timing doesn't line up with Friday payroll, you need cash now. We approve based on 4 months of deposit history, not one slow week.
When Friday is coming and the money isn't there, speed matters. There's no time for a bank's 3 month review. Most restaurants that use us once come back when they need us again. That's because we get the job done when it matters most, and we get it done fairly and transparently.
Looking for more restaurants funding information? Explore all restaurant business loans →
