Typical funding range
$15,000 – $250,000 — that's the band most restaurants in Florida fall into. Deals smaller than $10K are uncommon (the math rarely works for the funder). Deals over $250K typically require stronger profiles or collateral.
What funders look for
- Most funders require at least 6 months in operation (12+ months preferred)
- Monthly revenue floor: typically $15,000
- Credit scores from 550+ are workable; below 500 narrows the funder pool
- Hurricane-season revenue dips are usually understood by experienced funders — they want to see the prior 12-month pattern, not just the most recent 3 months
What to bring to the application
The faster you can ship these to a funder, the faster you close. Most underwriting decisions for restaurants in Florida happen in 2–4 hours once docs are complete.
- Last 3–6 months of business bank statements
- Voided business check
- Driver's license for the majority owner
- POS or accounting export (optional but speeds underwriting)
The math
A typical restaurants deal in Florida lands at a factor rate between 1.25 and 1.42. On a $50,000 advance at 1.32, you'd repay $66,000 over 9–12 months — about $260–$305/day in ACH. Our factor rate calculator lets you plug in your own numbers.
Frequently asked questions
- How fast can a Florida restaurant get funded?
- Strong-fit deals (12+ months operating, $25K+/mo revenue, no open MCAs) often fund within 24–48 hours of approval. Weaker profiles or stacking situations can take 3–5 days.
- Do Florida disclosure laws affect MCA terms for restaurants?
- Florida doesn't yet have the strict commercial-financing disclosure regime that California, New York, Virginia, and Utah have implemented, but enacted federal CFPB guidance still applies. Most reputable funders quote APR-equivalent on request.
- Can a Miami food truck qualify?
- Yes — food trucks are funded routinely, especially with 12+ months of deposit history and consistent revenue. Trucks operating less than 6 months will have a tougher path.