Food & Beverage
Business Funding for Catering Businesses
Catering companies carry high upfront costs for food, labor, and equipment on every event, but final payment often does not arrive until after the event concludes. Large corporate contracts and wedding bookings require you to commit thousands in food costs weeks in advance. Owning your own kitchen, transport vehicles, and serving equipment is the difference between surviving and thriving in catering.
Common Uses
What Catering Businesses Use Funding For
- Purchase commercial kitchen equipment, chafing dishes, and serving ware for large events
- Fund food and supply costs for booked events before client deposits cover the full amount
- Buy or lease refrigerated transport vehicles for food delivery to event venues
- Renovate or build out a commissary kitchen to increase production capacity
Funding Options
Best Funding Types for Catering Businesses
Business Line of Credit
Draw funds to cover food and labor costs in advance of each event, then repay when the final payment arrives. A revolving line matches the project-based nature of catering perfectly.
Equipment Financing
Finance commercial ranges, convection ovens, blast chillers, and transport equipment. Catering equipment is durable and holds value, making it straightforward collateral for lenders.
Invoice Factoring
Factor outstanding invoices from corporate clients who pay on net-30 terms. Corporate catering contracts are steady revenue that factoring companies like because the accounts receivable are reliable.
What Lenders Look For
Qualification Notes for Catering Businesses
Related Industries
Related Food & Beverage Funding
By Location
Catering Businesses Funding by City
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