Financing can be confusing - we aim to be as transparent as possible. Don't see the answer to your question? Contact us here!
What is Restaurant Financing and how does it work?
With Restaurant Financing, restaurants get quick access to short-term financing options with a maximum term of 12 months. You only pay a one-off fee at the start of the financing and there are no further hidden costs or interest charges. Repayments are made in fixed monthly instalments of the total amount financed.
What costs will I incur?
Applying for financing is completely free of charge. Only when you get your loan payout will you be subject to a fixed fee- after that there are no further costs for you and no monthly interest rate. The one-off fee is shown transparently at the beginning of your application.
What can the financing be used for?
As an entrepreneur, you know best what you can use your money for. Whether it's to finance new equipment or furniture, a new outdoor area, or to cover unexpected and short-term costs - you can freely dispose of your financing. Our goal is to support you in the realisation of your projects and thus promote your restaurant!
How much funding can I apply for?
Based on your sales history and other factors, you will receive an individual financing offer. Currently, the amount for Restaurant Financing is between 2,000€ - 30,000€ (higher financing amounts are planned).
How is the financing offer for my restaurant determined?
We take several factors into consideration for your personal financing offer. Among other things, the financing offer is influenced by your previous sales reports.
How is my data protected?
We understand that you care about your sensitive and personal data! However, the protection of your data is our highest priority. That's why we only process your data in accordance with the European General Data Protection Regulation (GDPR) and use the latest standards for encryption and storage. You can find more information about data protection in our privacy policy.
Does applying for Restaurant Financing affect my overall credit score?
No, in principle, applying for financing has no effect on your general creditworthiness. Only in the event that you fall behind with your repayments can this have an impact on your creditworthiness.
Can I repay early?
Yes, you can do this easily and at any time via your personal financing dashboard, and there are no additional fees for you. There you can also always check which part of your financing has already been repaid.
How do I repay?
You can easily repay in monthly instalments by direct debit. These are fixed monthly instalments that depend on the financing amount including the one-off fee and the term. For you, this means that you only have to make sure that your account has sufficient funds.
Am I eligible for financing?
To be eligible for financing, you must meet certain basic requirements:
- You have been an active restaurant for at least three months - You earn an average of €400 per month on Lieferando.de - Your restaurant is registered in Germany
