inKind members redeem credit at a table. Catering doesn't have one.
The whole model depends on app members walking in and dining. A catering business has no dining room to fill, so there's no credit to redeem and nothing for inKind to buy.
Not a fit. Equipment financing, an SBA loan or a lending marketplace are the realistic routes.
Dining credit fits when
- ✓If you also run a restaurant or event space with regular public service, apply for that venue instead.
Look elsewhere when
- ✕No walk-in dining means no redemption channel.
- ✕inKind's underwriting looks at reviews and check average for a venue, not a kitchen.
What if we're opening a restaurant alongside the catering business?
inKind funds restaurants that are open or within about 30 days of opening. Once you have a room, a menu and some reviews, the restaurant can apply on its own merits.
What we'd place instead
- Equipment financingOvens, hoods, refrigeration, POS hardware
- SBA and bank loansOwners with time, strong financials and the willingness to guarantee
- Lending marketplacesOwners who want to compare several offers at once
Think your restaurant is the exception? Tell us about it.
Four questions, two minutes. We pull your Google rating, take a guess at the format, and tell you where you stand.
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.