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Hospitality businesses

Financing for hospitality businesses.

Kitchens, dining rooms and guest spaces run on tight timing. Your personal funding specialist takes time to understand your venue, your busy and quiet periods and your plans, then explores financing that fits.
Funding range
$15,000–$50 million CAD*
across our funding options.
Timing
For eligible revenue-based financing, funds could arrive in as soon as 24 hours after approval and required documents.+

Complete your full application so your personal funding specialist can start reviewing your business and working with funding partners on potential offers.

* Range depends on product, eligibility, business and funder assessment.

+ For eligible revenue-based financing applications, after approval and completion of required documents. Subject to funder and banking timelines, cut-off times and business days. Funding within 24 hours is not guaranteed. Asset and crypto products have separate timelines.

Common uses

What business owners often finance

Examples only. How funds are used is discussed with your personal funding specialist and set out in your funding agreement.
  • 01

    Kitchen and property equipment

    Replace ovens, refrigeration, dishwashing or guest-facing equipment.

  • 02

    Repairs and renovations

    Handle urgent repairs or refresh your space without draining working capital.

  • 03

    Food, beverage and supplies

    Stock up ahead of holidays, events and peak seasons.

  • 04

    Staffing, seasonal gaps and expansion

    Keep your team in place through quieter months, or open a new location.

Requirements

What you’ll need.

The same requirements apply to every industry. Funding partners assess each application individually.

Revenue-based financing — what you need

Location
Operating in any Canadian province (not the territories)
Trading history
Minimum 3 months
Revenue
Average $15,000 monthly, or $180,000 annually
Documents
Most recent 3 months of business bank statements

A soft credit check is used for the initial assessment. Asset-backed financing and crypto-backed loans have separate criteria.

How it works

Four steps, one person beside you.

  1. 01

    Complete your full application

    Tell us about your business. It takes a few minutes and gives your personal funding specialist what they need to begin.

  2. 02

    Your personal funding specialist reviews and contacts you

    They review your business, ask any questions and work with funding partners on potential offers.

  3. 03

    Understand any offer before you accept

    If an offer is available, you’ll see the amount, total cost, fees and payment obligations clearly — before you decide anything.

  4. 04

    Funds transferred

    After approval and completion of required documents, funds are transferred to your business account.

Submitting an application does not guarantee an offer.

Questions

Hospitality financing FAQ

Canadian Lenders Association logo — theBNK is a member of the SMB Roundtable (opens in a new tab)

Member of the Canadian Lenders Association — SMB Roundtable.

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Funding at Founder Speed.

theBNK. We start where the extra mile ends.

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