FINANCE OPTIONS

^Get Your £350k Restaurant Business Loan Today

Q: What is the typical borrowing range for a £350k restaurant term loan?

Typical term loan minimums start around £25,000, with maximums often reaching £500,000+ depending on trading history, credit profile and whether security or asset backing is available. For restaurants, £350k commonly sits within scope for secured term loans where the business can evidence repayment ability.

Q: How long does it take to get a decision and funds?

Initial decisions are often around 1 to 4 weeks, depending on deal complexity and whether security or equipment documentation is needed. Funds may be available roughly 3 to 8 weeks after application for more complex or secured cases, while shorter timelines can occur when information is complete.

Q: What interest rate range should a restaurant expect?

For UK SME term loans, broad pricing ranges often fall from the high single digits to around the mid-teens. The exact rate for a £350k restaurant term loan depends on factors such as whether the loan is secured, the term length, credit history, affordability strength and the quality of any collateral.

Q: Are there different types of term loans for restaurants?

Yes. Common routes include secured term loans, unsecured term loans with personal guarantees, and asset-backed equipment term loans. Each focuses on different eligibility and evidence, such as available security for secured lending or item quotes and asset documentation for equipment-backed deals.

A £350k Restaurant Business Loan is typically structured as a fixed amount upfront and repaid in regular instalments over a set period, usually monthly. UK restaurants often use this type of funding for tangible projects such as kitchen refurbishment, upgrading ovens and extraction, or refinancing existing debt. It can also support medium-term working capital where the lender expects repayments to be covered by trading cash flow. Funding Agent helps you compare suitable Business Loans routes and prepare a lender-ready application.

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Why a restaurant term loan for £350k

For restaurant owners planning a clear project and repayment schedule, a term loan can turn investment needs into predictable monthly outgoings. Pricing and decision timing depend on deal complexity, credit profile, and whether security or equipment evidence is involved.

Predictable monthly repayments

Funds for tangible upgrades

Decision timing that matches complexity

SCALE YOUR BUSINESS TO NEW HEIGHTS

Term loan options for restaurants

Secured term loan

Best suited where you can offer acceptable security and show an established trading record. Lenders often expect consistent turnover and repayment ability based on profit or cash flow.

Secured term loan

For a secured term loan, eligibility typically includes limited companies or LLPs, and some lenders may accept sole traders. The usual focus is on affordability and the ability to meet monthly payments, plus security such as a property charge or specific business assets like equipment and fixtures. Terms are commonly 24 to 84 months, often 36 to 60. A £350k request is within scope for well-established operators, with typical amounts around £100k to £500k+.

Unsecured term loan (personal guarantee)

Consider this route if security is limited, but you can support affordability with strong trading history and a personal guarantee framework.

Unsecured term loan (personal guarantee)

An unsecured term loan with a personal guarantee is generally aimed at businesses with acceptable credit history and stable income. Many UK lenders rely on personal guarantees for unsecured lending, so they commonly assess bank statements, business accounts and identification, then run affordability calculations based on trading metrics. Typical amounts can be around £25k to £250k, with £350k less common on an unsecured-only basis. Lending terms are often 12 to 60 months, frequently 24 to 48, and pricing is often higher than secured options.

Asset-backed equipment term loan

Choose this when the finance is tied to specific commercial equipment, such as ovens, refrigeration, extraction systems or POS upgrades.

Asset-backed equipment term loan

With an asset-backed equipment term loan, eligibility depends on the value and documentation of the items being financed. Restaurants typically provide item quotes or invoices, installation details, and confirmation of intended use to generate trading cash flow. Terms are commonly 18 to 72 months, often 24 to 60, aligned to equipment life. Typical amounts are roughly £50k to £400k+ depending on the equipment scope, so larger deals such as £350k can fit where the equipment and furnishes are clearly identified. Decision times are often 1 to 3 weeks when equipment paperwork is complete.

Typical Funding Journeys on Funding Agent

Submit your funding request

Our platform enriches your application using business data

Your request is matched to suitable lenders

Receive offers and proceed with the best option

How Funding Agent helps you access a £350k term loan

Share your restaurant details

Tell us about your restaurant, time trading, turnover, directors or ownership, and existing debts. Also confirm what the £350k term loan will fund, such as refurbishment, equipment, refinancing or an expansion plan.

We match you to lenders

Funding Agent maps your situation to lender types, including secured term loans, unsecured options with personal guarantees, or asset and equipment-linked routes. This is based on affordability evidence, deal size and how you plan to use the funds.

Apply and manage underwriting

We help you submit the application pack and respond to lender questions during underwriting. With secured or equipment-backed cases, we also help you keep the process moving so you can progress to decision and drawdown.