Restaurant & Hospitality Financing Program

Overview of the Restaurant & Hospitality Financing Program program:

The Restaurant & Hospitality Financing Program offered by Forward Funding is specifically designed to support small and medium-sized businesses in Canada’s restaurant, food service, and hospitality industries. This specialized funding solution helps business owners access short-term working capital when traditional lenders often consider them high-risk due to inconsistent revenue cycles, seasonal fluctuations, and tight profit margins. Forward Funding understands the financial challenges unique to this sector and offers a fast, flexible alternative to traditional bank loans. Business owners can apply online in minutes, with minimal paperwork and no collateral required. Once approved, funds are typically deposited within 24 to 48 hours, allowing restaurants, bars, catering companies, food trucks, hotels, motels, and other hospitality-focused operations to respond quickly to operational demands or seize growth opportunities. Funding amounts range from $5,000 to $800,000, and repayment can be structured as either fixed payments or as a percentage of daily/weekly revenue (variable payments). This flexibility helps businesses manage repayments in line with their cash flow. Funds can be used for a variety of purposes, such as purchasing kitchen equipment, upgrading dining spaces, staffing, marketing, covering payroll, inventory restocking, or renovations. The funding is unsecured, meaning no personal or business assets are required as collateral. Qualification is primarily based on consistent revenue and time in business, not credit score alone. This program is ideal for restaurant and hospitality businesses that need quick, hassle-free capital to stay competitive, meet demand, and maintain operations in a challenging, high-pressure industry environment.

Benefits of the Restaurant & Hospitality Financing Program program:

• Fast turnaround funding available within 2448 hours
• Industry-focused built specifically for the restaurant and hospitality sector
• Flexible repayment options choose between fixed and variable payments
• No collateral required fully unsecured funding
• Minimal documentation online application with fast decision-making
• Use funds freely payroll, renovations, equipment, marketing, or expansion
• Accommodates seasonal and variable revenue patterns
• Supports new and growing operations with consistent cash flow
• Available across Canada for eligible restaurant and hospitality businesses

Eligibility criteria of the Restaurant & Hospitality Financing Program program:

• Location: Business must be located and operating in Canada
• Eligible Applicants:
• Restaurants, Cafes, Bars, Lounges
• Food trucks, Caterers, Fast food establishments
• Hotels, Motels, Inns, Bed & Breakfast
• Business Age: Typically at least 3 to 6 months in operation
• Monthly Revenue: Must generate at least $10,000/month in sales
• Credit Requirements: Flexible credit score is not the main factor
• Banking Requirements: Must have a business bank account with consistent deposits
• Documentation Needed:
• 36 months of business bank statements
• Government-issued ID
• May be asked for a void cheque or direct deposit form
• Other Expectations: Business must demonstrate the ability to manage repayment through regular cash flow and deposits