^£950k Restaurant Business Loan – Apply and Get Funded Today

Secured term loans usually involve lenders assessing profitability and affordability, then confirming the proposed security, which may be business assets and in some cases property. Typical lending terms can run around 36 to 84 months, depending on security and cash-flow support. Decision times commonly sit around 2 to 6 weeks, as underwriting, security evaluation, and legal steps may take additional time. Rates are often quoted as fixed or variable, commonly broad around 6% to 14% per annum, depending on leverage and the strength of trading evidence.

Unsecured term loans for restaurants rely primarily on trading history and income evidence, because there may be no (or limited) security. Typical unsecured amounts can range roughly from £100k to £800k, with £950k requests depending on cash-flow strength and lender risk appetite. Terms are often around 24 to 60 months. Initial decisions can be about 1 to 4 weeks, with final approval sometimes taking longer if additional verification is needed. Pricing is often higher than secured lending, broadly around 9% to 20% per annum, and personal guarantees may be considered in some cases.

Working-capital focused term loans use cash-flow underwriting, often looking at bank statements and profit evidence to understand repayment capacity. Terms typically run around 24 to 72 months, with the duration balancing affordability and total interest cost. Commonly, decision timelines are around 2 to 5 weeks, depending on how quickly financial evidence can be verified and whether any security or legal requirements apply. Interest rates depend on risk and structure, broadly about 7% to 16% per annum. A £950k request may be considered where cash evidence is strong, including how quickly income supports instalments.