Is Toast Capital a direct funder or a broker?

Toast Capital is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.

What's the minimum revenue Toast Capital will fund?

Toast Capital's published floor is Toast POS volume drives offers — typically $10,000+/mo processed in average monthly revenue, with 6 months minimum time in business. Credit score floor is No published floor — Toast underwrites against POS history, not FICO. These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.

How fast can Toast Capital fund?

Toast Capital's public speed quote is Funds in 1 – 3 business days after approval. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.

Should I go directly to Toast Capital or through a broker?

Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including Toast Capital, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.

Toast Capital Review 2026 — Rates, Terms, Honest Verdict

Best for: Toast POS restaurants wanting embedded funding. Amount range: $5,000 – $300,000. Speed: Funds in 1 – 3 business days after approval. Below: the rate card, the watch-out, alternatives we'd compare against, and the honest verdict.

TL;DR

Toast Capital ranks #11 in our 2026 funder ranking. Best for restaurants already on toast pos that need $5k–$100k fast, value automatic reconciliation tied to daily deposits, and don't want a paperwork-heavy underwrite. The strength: Embedded in the Toast POS dashboard — eligible restaurants see a pre-qualified offer with no application. The watch-out: Only available to Toast POS customers — you have to be running their hardware/processing already.

Toast Capital rate card 2026

Category	Processor financing
Best for	Toast POS restaurants wanting embedded funding
Amount range	$5,000 – $300,000
Cost (factor / APR)	Factor 1.13 – 1.36 (single fee, no compounding)
Speed to fund	Funds in 1 – 3 business days after approval
Min time in business	6 months
Min monthly revenue	Toast POS volume drives offers — typically $10,000+/mo processed
Min credit score	No published floor — Toast underwrites against POS history, not FICO

The strength — what Toast Capital does better than anyone

Embedded in the Toast POS dashboard — eligible restaurants see a pre-qualified offer with no application. Repayment is auto-deducted as a fixed percentage of daily Toast deposits, so cash flow stays proportional to revenue. Single fee disclosed up front; no daily compounding factor games.

The watch-out — what Toast Capital doesn't put in marketing

Only available to Toast POS customers — you have to be running their hardware/processing already. Loan amounts cap at roughly 70% of trailing 12-month Toast volume. If you switch processors, the agreement requires you to pay off the remaining balance immediately.

Who Toast Capital is best for

Restaurants already on Toast POS that need $5K–$100K fast, value automatic reconciliation tied to daily deposits, and don't want a paperwork-heavy underwrite.

Who shouldn't apply

Merchants ranking solidly above Toast Capital's box may want to apply to OnDeck or Credibly first for cheaper money. Established multi-location operators may get better terms at OnDeck or NewCo Capital Group. As with any MCA decision, the cheapest money is the money you don't borrow — start with the calculator at /calculator to see if the deal you'd take from Toast Capital actually makes sense.

How Toast Capital compares to the rest of the top 10

Funder	Category	Cost	Speed
Toast Capital (this funder)	Processor financing	Factor 1.13 – 1.36 (single fee, no compounding)	Funds in 1 – 3 business days after approval
Credibly	MCA + multi-product	Factor 1.11+ (MCA); APR varies for term + LOC	As fast as 4 hours
Greenbox Capital	Multi-product	Factor varies; published up to 19% ISO commission	24 – 48 hours
Accord Business Funding	MCA specialty	Factor varies by paper grade (often 1.40+)	Next-day for approved files
Bluevine	LOC	APR 6.2% – 27%	1 – 3 business days
OnDeck	Term + LOC	Term APR 27%+; LOC APR 30%+	Same-day for approved files

What to ask Toast Capital before signing

"What's the APR-equivalent on this deal?" A funder who can't or won't quote it has something to hide. Required disclosure in five states as of 2026.
"Is there a prepayment discount?" Some funders charge the full factor regardless of payoff speed. Get the discount in writing before you sign.
"What's the reconciliation policy if my revenue drops?" The best funders adjust the daily ACH downward when deposits drop. Many won't. Ask in writing.
"Will you stack on top of an existing position?" Stacking is one of the top reasons MCA merchants default. If a funder accepts second/third position freely, that's a yellow flag for the merchant.

Frequently asked questions

Is Toast Capital a direct funder or a broker?: Toast Capital is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.
What's the minimum revenue Toast Capital will fund?: Toast Capital's published floor is Toast POS volume drives offers — typically $10,000+/mo processed in average monthly revenue, with 6 months minimum time in business. Credit score floor is No published floor — Toast underwrites against POS history, not FICO. These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.
How fast can Toast Capital fund?: Toast Capital's public speed quote is Funds in 1 – 3 business days after approval. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.
Should I go directly to Toast Capital or through a broker?: Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including Toast Capital, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.
What's Toast Capital's biggest weakness vs alternatives?: Only available to Toast POS customers — you have to be running their hardware/processing already. Loan amounts cap at roughly 70% of trailing 12-month Toast volume. If you switch processors, the agreement requires you to pay off the remaining balance immediately.

Toast Capital — honest 2026 review.