The format of the room decides the instrument before the numbers do.
A dining-credit purchase needs tables to fill; a bank needs history; equipment finance needs an asset. Here is each kind of restaurant we see, which capital fits it, a worked example, and where we'd place it instead.
Core mandate
- Casual / Sit-down
Full-service restaurants are what inKind was built for. The question is Tuesday.
- Fine dining
inKind funds Michelin-starred rooms. It will not fund one that's full.
- Bar / Cocktail bar
Bars have the best math in the building. Beverage cost is low and the empty hours are obvious.
Case by case
- Nightclub
Nightclubs can work. Most inKind members are looking for dinner.
- Café / Bakery
Cafés get the fast underwriting. The $9 check is the problem.
- Quick service
Quick service qualifies. Whether dining credit is the right money depends on your check average.
- Food hall
Food hall stalls can qualify. Food hall operators have a better case.
- Other
Not on the list? Tell us what you run and we'll tell you where it fits.
Referred to the right lender
- Catering only
inKind members redeem credit at a table. Catering doesn't have one.
- Ghost kitchen
Delivery-only concepts should look at DoorDash Capital, not inKind.
- Food truck
inKind doesn't fund food trucks. Here's what does.
Not sure where your room lands? Answer a few quick questions and we'll tell you.
Covers Advisory is an independent capital advisory, not a lender. We do not make funding decisions, and we are compensated by funding partners when a placement we arrange closes. Our recommendation is the same whether or not a partner pays us. How we're paid.