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Financing a Restaurant Venture

  • Jeffersontown Chamber 10434 Watterson Trail Jeffersontown, KY, 40299 United States (map)

Starting a restaurant is a risky venture with a high rate of failure, even with Louisville on Southern Living's  recent "Top 10 Food City" list. For this reason lenders are hesitant to approve loans for restaurants.

For this workshop we've asked Perry Dunn from Huntington Bank to share what they want an owner to have before approving a loan.

Topics include: 

  • Franchise vs Non-Franchise

  • SBA 7(a) loan overview

  • Down Payment Requirements

  • What Constitutes Equity

  • Credit requirements

  • Experience

  • Leasing vs. purchasing real estate