Each lender and financing type has its own requirements. While some lenders may allow for a lower credit score based on higher monthly revenue and a few may have lower monthly revenue or time in business requirements, typical minimum requirements for financing start at:
A credit score minimum of 600
Monthly revenue of $8,000 or more
In business for at least six months
Choosing a lending platform like Lendio gives you access to multiple types of financing for your restaurant, so that you can choose from several types of offers that your business qualifies for.