EatsPlace Loans

EatsPlace provides loans and lines of credit to companies in the agricultural and culinary industries. To begin the process,  please complete an intake form (link opens a new tab) and attend an information session. You also may email an EatsPlace at info@eatsplace.com. The following describes our loan process and required documents.

Loan Terms

EatsPlace Standard Business Loan
  • Stage of Business:  Concept, Start-Up, Established
  • Loan Amount Range:  $500 to $10,000
  • Interest Rate:  6% per annum
  • 6 months to 5 year Term
  • Loan to food and farm businesses without access to traditional debt financing

EatsPlace Preferred Loan
  • Stage of Business:  Established
  • Loan Amount Range: $5,000 to $100,000
  • Interest Rate:  5% per annum
  • 1 to 5 year term
  • Loan to help food and farm businesses grow

EatsPlace Bridge Loan
  • Stage of Business:  Concept, Start-Up, Established
  • Loan Amount Range: $500 to $5,000
  • Interest Rate: 6% per annum
  • Short-term (<6 months) loan provided to food and farm entrepreneurs

EatsPlace Line of Credit
  • Stage of Business:  Concept, Start-Up, Established
  • Credit Amount: $500 to $5,000
  • Interest Rate: 6% of outstanding balance per annum
  • Line of credit provided to food and farm entrepreneurs

EatsPlace Farm Loan
  • Stage of Business:  Concept, Start-Up, Established
  • Credit Amount: $1,000 to $10,000
  • Interest Rate: 5% per annum
  • 1 to 5 year term
  • Loan provided to purchase equipment or other property to be used for farming

Application Process

  • Complete an intake form and we’ll schedule an information session with you
  • Submit required documents 
  • EatsPlace review of documentation and due diligence
EatsPlace hosting a Department of Commerce international delegation of small business owners

Ready to Apply?

Checklist

  • Completed Loan Application
  • Nonrefundable application fee: $25
  • Business plan, including two years of financial projections (if available)
  • Last two years of signed personal tax returns of applicant, complete with all schedules
  • Last two years of signed business tax returns of applicant, complete with all schedules
  • Business financial statements (2 years plus year-to-date)
  • DBA, Articles of Incorporation, and/or partnership agreement, LLC, Bylaws, operating agreement 
  • Certificate of Insurance (if available) 
  • Lease Agreements (if available)