Restaurant loans
No-stress loans when you need them
Working capital that works for you
Apply in minutes from your SpotOn client dashboard. No tax returns or receipts required. Unlike traditional lenders, we don't require collateral or personal guarantees.
Approved customers typically see funds in their account in 1-2 business days.
If approved, use your capital for any business needs: renovation, equipment, overhead, or to simply strengthen cashflow. Whether you need short-term funding for immediate expenses or long-term financing to support future growth, we've got you covered.
Pay only one fixed fee without periodic or compound interest rates. No application fees. No processing fees. No late fees. No “additional” fees.
Simple repayment. Stress-fee management.
Talk to an expert
Dashboard view
Stay in the know. Access signed documents, track your progress, and see your payment history from your dashboard.Flexible payments
Repayment is based on your sales, helping preserve cashflow. Pay more when business is good, less when it’s slow.Optional prepayment
Pay off your loan quicker by making as many prepayments as you want once you’ve paid off 25% of your capital amount. No penalties.Additional funding opportunities
Once your loan is repaid, you may become eligible for more capital.
Improving cashflow for the independent restaurant industry
“We couldn't be happier with SpotOn Capital.”
“SpotOn Capital, in partnership with Parafin, cut our monthly loan payments by nearly 50%, enabling us to balance growing the new location without hurting our established profitable restaurant.”
Connected tools to improve profitability & cashflow
Profitability analysis software
SpotOn Profit Assist uses AI to automatically analyze your P&L and show you where you can lower costs.
Rapid funding
Solve your cashflow problems with fast, on-demand funding when using SpotOn for payment processing.
Earned tip access
Attract and retain staff, optimize cashflow, and reduce trips to the bank with DayCheck for tipped employees.
Online ordering
Take back your profit with a commission-free online ordering system that connects to SpotOn POS and GoTo Place.
Choose the plan that's right for you
SpotOn Capital is available to eligible SpotOn POS clients upon approval
- Easy application
- Fast funding
- One fixed fee
- Flexible repayment
Connected tools. Better profit.
FAQ
SpotOn Capital is offered to eligible SpotOn clients for a capital fee based on loan amount and business performance. The capital fee is added to the total amount owed for your loan. You’ll see the fee along with your offer so you know exactly what you’ll pay, and the fee will never change during the duration of your loan.
With SpotOn Capital, you may qualify for a loan for up to $2M. If approved, get your money in as little as one business day and use it for any business need. Unlike traditional lenders that require extensive documentation and collateral, SpotOn Capital offers a simpler path to funding. Our revenue-based repayment structure helps manage risk while giving you the flexibility to invest in your future. SpotOn Capital customers enjoy a simple application process, fast deposits, spending autonomy, a fixed flat fee, automated repayment, no additional fees, dashboard management, and optional prepayment.
Once you sign up for SpotOn, you’ll automatically be notified on your SpotOn Dashboard when you qualify. For prequalification criteria or advice on whether this makes the most sense for your business, contact your SpotOn representative or reach out to our capital services team.
SpotOn Capital removes the roadblocks of lengthy requirements, credit checks, and investor presentations that often stand between you and your success. We don't require collateral like many traditional lenders do. Plus, with SpotOn Capital, you pay back your loan based on sales. Pay more when business is good and less when it's slow.
No. SpotOn Capital loans are private loans issued by Celtic Bank. All loans and offers are subject to credit approval, identity verification, and are subject to periodic review and may change without notice. Bank transfers are subject to review.
Restaurant owners can use funding from SpotOn Capital restaurant loans for any legitimate business purpose, such as repairs, remodeling, payroll and hiring, and expanding with new restaurant openings. Whether you need short-term financing for immediate needs or long-term financing for strategic growth, the funds are yours to manage as you see fit. The funds cannot be used for any personal, family, or household expenses.
SpotOn Capital uses your revenue data to assess your business health and determine appropriate funding amounts. Our flexible, sales-based repayment structure means your payments adjust with your business performance, reducing financial risk during slower periods. This approach protects both your cashflow and our investment in your success.