equipment financing

Restaurant Equipment Financing Rates (2026): Loan vs Lease vs SBA

Restaurant Equipment Financing Rates (2026): Loan vs Lease vs SBA Restaurant equipment financing rates run 6% to 30% APR in 2026, set almost entirely by your credit tier and the product you pick — equipment loan, lease, or SBA 7(a). As a mid-point benchmark, a $50,000 equipment loan at 9% APR over 5 years amortizes to about $1,038 per month; the same $50,000 as an SBA 7(a) at 10.5% over 10 years drops to roughly $675 per month but costs about $16,000 more in total interest. Price your own buildout with the Restaurant Equipment Financing Cost Calculator(/food/restaurant-equipment-financing-cost-calculator) before you call a single broker. When I helped a first-time quick-service owner scope a $72,000 kitchen line in early 2026, the first three broker quotes came back at 11%, 14%, and a "1.32 factor rate" that converted to roughly 54% APR once I did the math. The 14% quote alone would have...