Restaurant Property Loans

Q: Can I use SBA 504 to purchase my restaurant's real estate?

Yes, if you occupy at least 51% of the building. SBA 504 is designed for owner-occupied commercial real estate and can be used to acquire, refinance, or renovate restaurant properties.

Q: Do you offer refinancing for restaurant properties?

Yes. Both SBA 504 and conventional term loans can be used to refinance existing debt. Eligibility depends on property performance, borrower credit, and time in business (typically 2+ years).

Buy, Refinance, or Remodel Your Restaurant Property

SBA 504 and conventional loans from $1MM to $18MM for franchise and independent restaurant real estate — up to 90% of project costs on qualifying SBA 504 deals. Built for owner-operators and investors acquiring, refinancing, or remodeling their locations

Apply for a Loan →Schedule a Call

Modern restaurant with large windows, hanging plants, wooden tables, and people dining and chatting.

Since 2002 · $6.5B+ Funded · $1B AUM

Flexible Financing for Restaurant Properties

Restaurant real estate is as much about the operating business as the building. AVANA finances franchise and independent restaurant properties for owner-operators and investors acquiring, refinancing, or remodeling their locations — structured so owning the real estate strengthens the business rather than straining its cash.

Keep Capital in the Operation

Own your location with SBA 504 — free up working capital for staff, equipment, and remodels instead of locking it in real estate.

Franchise or Independent

From single-location owner-operators to multi-unit portfolios — franchise or independent, we underwrite the real estate and the operating business

Straight, Fast Answers

A soft quote in 1–2 business days from a team that closes restaurant deals

Loan Options for Restaurant Properties

SBA 504 Loans

Up to 90% financing and long, fixed terms for owner-operators buying, expanding, or refinancing the property they operate in. Low down payment keeps cash in the business.

Explore SBA 504 Program →

Interior photo of cafe, with workers behind counter making coffee

Conventional Term Loans

Term financing for stabilized, cash-flowing restaurant real estate — ideal for acquisitions, refinances, and owner or investor holds that don't fit an SBA box.

Explore Conventional Program →

Key Terms & Structures

Rates and structures vary depending on loan type and borrower qualifications

Loan Sizes

Generally $1MM to $18MM, depending on property profile, operating performance, and program

Terms

Conventional term loans up to 10 years, with amortizations that may extend longer.
SBA 504 structures with debentures up to 25 years.

Leverage

Up to 75% LTV on many conventional structures.
Up to 90% total project costs in qualifying SBA 504 executions.

Pricing

Generally indexed to CMT or Treasury benchmarks, with program-specific spreads.

Use of Proceeds

Restaurant real estate loan proceeds can be used to

Acquire owner-occupied restaurant properties or leased locations.

Refinance existing debt, potentially including cash-out for eligible business and property needs.

Fund build-outs, remodels, and brand refreshes required by franchisors or market positioning.

Support rebranding or conversion to new concepts within the same footprint.

Finance expansions to additional locations when supported by performance and credit standards.

Institutional Capital Behind Your Deal

Through the AVANA–Oaktree Private Credit Partnership, we bring institutional-grade capital and private-credit discipline to restaurant real estate — sharpening pricing and shortening timelines across acquisitions, refinances, and remodels.

Hotel entrance with large pillars, palm trees, and evening lighting under blue sky.

A Streamlined Process

We make financing simple, transparent, and fast from application to funding

Submit Application

Submit your application with pre-qualification documents. We’ll review and issue a soft quote within 1-2 business days

Review

We review initial documents and confirm loan structure and key terms. If the deal meets criteria, we issue a Letter of Intent with proposed terms

Approval & Terms

We complete underwriting and order third-party reports as needed. Credit team issues final approval when complete (timing can vary)

Closing & Funding

We prepare final loan documents, open escrow, and coordinate closing. Funds are released once closing requirements are met

Proven Success Stories

We’ve helped businesses across industries

Featured

$3.5M Commercial Industrial Refinance – Scottsdale, AZ

Loan Purpose:

Refinance

Asset Class:

Industrial

Loan Amount:

$3,500,000

Featured

219-Room DoubleTree Suites by Hilton — Tukwila, WA & La Mirada, CA

Loan Purpose:

Refinance

Asset Class:

Hotel

Loan Amount:

$20,400,000

Frequently Asked Questions

Find answers to common questions

Can I use SBA 504 to purchase my restaurant’s real estate?

Yes. SBA 504 is well suited for owner-operators purchasing their restaurant property. To qualify, the business must occupy at least 51% of the property.

Do you offer refinancing for restaurant properties?

Yes. We provide SBA 504 refinancing (if you’ve owned the property for 2+ years), plus bridge and conventional financing for stabilized or value-add restaurant real estate.

Is ground-up construction financing available for restaurants?

No. AVANA does not offer ground-up construction loans for restaurant properties. We do, however, finance renovations and repositioning through bridge loans or cash-out refis.

What types of restaurant operators do you lend to?

We lend to both franchise and independent operators, including single-tenant deals and multi-unit portfolios. Underwriting considers credit strength, location, and operating history.

Ready to Get Started?

Ready to move your project forward? Complete a short online form with your property details, capital needs, and timing — and we'll come back with a soft quote in 1–2 business days.

Apply for a Loan →Schedule a Call ↗

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Our Team

About Sanat Patel

As Chief Lending Officer at AVANA Companies and Chair of the Board at AVANA Bank, Sanat Patel brings more than three decades of experience in financial services, private credit and commercial banking, with a proven track record in loan structuring, risk management, and balance sheet growth. Sanat has led strategic initiatives that connect institutional capital with entrepreneurial ambition, supporting the growth of businesses, and owners engaged in commercial real estate across the U.S. He has built and scaled lending platforms in partnership with banks and credit unions, developing tailored financial solutions that drive job creation and foster inclusive economic development.

Sanat Patel

Chief Lending Officer