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Asset finance for restaurants & food service

Asset finance spreads the cost of vehicles, machinery and equipment over its working life through hire purchase or leasing, with the asset itself securing the agreement so your cash stays in the business. Restaurant owners use Rook Bristol asset finance to replace a walk-in fridge, range or extraction or refit the dining room or open a second site, with up to 60 months, matched to the asset's working life and decision within 24 hours.

Apply nowAbout asset finance
Check your eligibilityStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your finance manager.

£10K£1M
How long have you been trading?
What's your average monthly turnover?

Total money coming into your business account in a typical month.

What type of business is it?
Where should we reach you?

We'll use this only for your application.

Asset finance for restaurant owners
Amount£10,000 – £1,000,000 per asset or package
TermUp to 60 months, matched to the asset's working life
SpeedDecision within 24 hours
PaymentsFixed monthly payments, with or without a deposit
Best forVans, plant, machinery, kitchens, medical and technology equipment

Common uses in restaurants & food service

  • Replace a walk-in fridge, range or extraction
  • Refit the dining room or open a second site
  • Stock up before Christmas and summer trade
  • Cover wages through a slow January
  • Pay a quarterly VAT bill

Why restaurant owners choose asset finance

Equipment fails on a Friday

A walk-in fridge or extraction system can't wait weeks for a bank. A decision within 24 hours means the repair happens this week.

January is not December

Revenue-based finance takes a share of card takings, so repayments ease in quiet months and catch up when covers return.

Margins are thin and costs keep rising

Energy, food and wage costs squeeze every plate. We set out the total cost in pounds so you can check it against your margins before you sign.

VAT at 20% lands every quarter

A revolving facility covers the VAT bill without emptying the account you rely on for suppliers.

How does asset finance work?

  1. 1

    Send us the supplier's quote, new or used, and tell us whether you want to own the asset at the end or simply use it.

  2. 2

    We confirm the asset's value and recommend hire purchase or leasing, with a term matched to how long the asset will earn for you.

  3. 3

    Once you sign, we pay the supplier directly and the asset is delivered to you.

  4. 4

    Make fixed monthly payments. With hire purchase, ownership passes to you after the final payment; with leasing, you can return, extend or upgrade.

What do I need to qualify?

  • 6 months trading
  • £10K+ in monthly turnover
  • A UK-registered business
Check my options

Other funding for restaurant owners

Questions, answered

Something else on your mind? Ask the team.

Can restaurant owners qualify for asset finance?
Many can. We typically look for a UK-registered business, 6 months trading and £10K+ in monthly turnover. We review restaurants & food service businesses with the sector's cash-flow patterns in mind. All finance is subject to status.
What is asset finance?
Asset finance is a way to acquire business equipment and spread the cost over time. The two main types are hire purchase, where you own the asset at the end, and leasing, where you rent it for an agreed period.
What's the difference between hire purchase and leasing?
With hire purchase you pay in instalments and ownership transfers to you after the final payment, usually with a small option-to-purchase fee. With leasing the finance provider owns the asset and you pay to use it, with options to return, extend or upgrade at the end.
Can a newer restaurant qualify?
We look for at least 6 months of trading and £10,000 or more in monthly turnover. If you're newer, your finance team can tell you what's possible now and what changes as your trading history builds.

Want to partner with us?

Businesses, brokers and introducers: check eligibility in about three minutes, or talk to our team about working together.

Apply nowContact our team