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Business Loans and Financing Coffee Shops and Bakeries

  • chLoans for cafés & coffee shops. Rates from 7% APR
  • chApply online and borrow up to $500K
  • chGet offers from Top Business Lenders in Canada
up Last updated

June 10, 2025

up Written by:

Amy Orr

up Reviewed by:

Jenna West

Through Smarter Loans, you can successfully secure a business loan for a coffee shop or bakery that will help you deal with any expenses that come your way. We can help you secure a business loan for coffee shops and bakeries entirely online through the database in which we’ve prepared. Scroll down to this directory in order to avoid paperwork and all of the associated delays. All of the information that you’d need to consider can be found in the directory below which includes all of the providers that offer business loans for coffee shops and bakeries in Canada. With everything at your disposal, make a decision quickly and effectively.

Compare terms, rates and offers as they are all listed out conveniently, then from there simply click “Apply Now” to proceed accordingly. Another way to apply that many have found optimally suitable has been instead to pre-apply. In this case, Smarter Loans can choose a provider from Canada on your behalf.

Compare Lenders

AMOUNT
$5K - $500k
INTEREST RATE
Varies
TERMS
6 -12 Months
AMOUNT
$10K - $1.5M
INTEREST RATE
From 7.99%
TERMS
3 - 24 Months
AMOUNT
$5K - $500K
INTEREST RATE
Varies
TERMS
4 - 12 Months
AMOUNT
$500 - $300K
INTEREST RATE
From 8.39%
TERMS
2 - 24 Months
AMOUNT
$5K - $300K
INTEREST RATE
From 7.99%
TERMS
Fixed, 4 - 18 Months
AMOUNT
$5K - $800K
INTEREST RATE
From 7.99%
TERMS
6 - 24 Months
AMOUNT
$15K - $1M
INTEREST RATE
From 8%
TERMS
3 - 24 Months
AMOUNT
$5K - $500K
INTEREST RATE
From 9.99%
TERMS
2 - 24 Months
AMOUNT
$5K - $500K
INTEREST RATE
From 7.99%
TERMS
6 - 24 Months
AMOUNT
$5K - $50M
INTEREST RATE
From 7%
TERMS
5 - 96 Months
AMOUNT
$2.5K - $1M
INTEREST RATE
From 7.5%
TERMS
3 - 72 Months
AMOUNT
$5K - $2M
INTEREST RATE
From 7.99%
TERMS
2 - 36 Months
AMOUNT
$5K - $300K
INTEREST RATE
From 7.99%
TERMS
3 - 12 Months
AMOUNT
$3K - $5M
INTEREST RATE
From 13.99%
TERMS
1 - 60 Months
AMOUNT
$250 - $1M
INTEREST RATE
From 10%
TERMS
3 - 60 Months

What Types of Business Loans are Best for Coffee Shops & Bakeries Shops?


Canada Small Business Financing Program Loans

The Canada Small Business Financing Program (CSBFP) provides small business loans with superior rates. The CSBFP doesn't loan directly, but they can help provide coffee shop loans by sharing the risk with a qualifying lender. This means that if you can get access CSBFP loan, you will get better rates on your coffee business loans.

Merchant Cash Advance (MCA)

A merchant cash advance
is a good option for financing the small expenses that come with running a coffee shop. An MCA is an advance that comes in exchange for a portion of future credit card sales. If your coffee shop gets most of its sales by credit card, an MCA is an interesting option.

Term Loans

A simple term loan for a coffee shop is often the best way to go. Coffee shop term loans are good for any kind of immediate, large expense. Depending on where you get it, it's also a fast option.

 

Business Loans Canada

Revolving Line of Credit

Do you expect long-term repetitive expenses? Then a revolving line of credit might be the most convenient option. If you need to finance an expansion to your coffee shop business, a line of credit is one of the best options.
With a revolving line of credit, you get more freedom and convenience than you do with other business loans.

Equipment Loans

Equipment loans for coffee shops
are a better way to pay for new equipment. While term loans may ask for separate collateral, equipment loans will use your new equipment as collateral. This is more convenient if you need new equipment for your coffee shop.

 

What Is A Coffee Shop Business Loan Used For?


Buying Or Upgrading Equipment

Coffee shop loans are often taken to replace equipment or to buy newer, better equipment. You can take out an equipment loan for these purposes. This can for a new coffee machine or kitchen equipment.

Renovations

Atmosphere matters when you're running a coffee shop. Of course, renovations are expensive. This is why coffee shop loans are often taken for renovations and decorative improvements.

Products/inventory

You can't run a successful coffee shop without inventory. Coffee shop inventory has a short cash cycle, making loans for inventory a common and smart decision.

Expanding Premises or Opening a New Location

When your coffee shop is becoming successful, there comes a point when the only way to grow is to expand. Opening a new location or expanding an existing one is a large expense, which is why they are often financed with a coffee shop loan.

Marketing and Promotion

Publicity is a great reason to take a coffee shop loan. When you have a strong plan, taking a loan for promotional expenses may bring in a heavy return on investment.

 

Coffee Shop Business Loans FAQs


How long does it take to get a loan for a coffee shop?

You can get a coffee shop loan in as little as one day. You could also end up waiting for a few months. It all depends on the lender you go to. A bank may take anywhere from ten days to a few months to approve a loan. If you go to alternative lenders, you can get a coffee shop loan much faster. Online lenders can take anywhere from a day to a week to approve a loan.

Can I get a business loan for a coffee shop with bad credit?

Yes, you can. There are specific bad credit lenders that offer loans to coffee shop owners with low credit scores. Bad credit lenders don't offer the best rates for coffee shop loans, but they seldom turn an applicant down.

How big of a business loan can I get?

You can get a business loan worth over $100,000 in a few days from some lenders. The amount a lender is willing to loan you will depend on their assessment of your business. If your credit score is high and your business is very profitable, a lender will likely be willing to risk more money on your coffee shop lending you at a lower rate.

How Do You Apply for a Small Business Loan for a Coffee Shop?

First, you need to find a business lender that finances coffee shops. Once you find your lender, you need to submit an application. If you are accepted by the lender, they will send you a full offer.

Once you accept an offer, a loan's terms come into effect. At this point, they will send you the funds and your repayment process will begin as per the terms you and the lender agreed to.

av
writtenWritten by:

Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

av
writtenReviewed by:

Jenna West

Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.

Awesome G.
04:46 26 Feb 25
I’m very honoured to shear my experience with this illustrious platform. To be able to systematically choose from a list optional to one’s profile without doing much leg work is truly rewarding. This platform allowed to expand my options and chose which lenders fit my profile, thank you and continue doing what you do best,, connecting people to available wealth opportunities.
Pat M.
03:10 26 Feb 25
Good place to get a loan
Chris “Stufphr” H.
02:07 26 Feb 25
When you feel in need of a loan do it smart and make it a Smarter Loans.
Dan Bott (.
01:41 26 Feb 25
Very Helpful, was assisted in a timely fashion and was ultimately able to receive assistance; I highly recommend!!!
joel K.
22:59 25 Feb 25
I have recommended this place to many friends I feel that this company goes out of their way to help people that they can and they are very easy to work with
Nate C.
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Vincent J.
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels H.
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara H.
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A S.
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”

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