Business Loans and Financing for Bars and Restaurants in Quebec City, Quebec

Quebec has an advanced, open, market based economy. Not only that, but with a french speaking culture, the bars and restaurants are unique and attract tourists from it’s surrounding regions. Funding from sources such as business loans continue to be essential to the bars and restaurants in Quebec. These business loans are often utilized by bar and restaurant owners to differentiate the customer experiences that they offer from local competitors. If additional financing for your bar or restaurant would be helpful for procuring a business loan in Quebec, easily invest in equipment upgrades, renovations, financing for patios and more through no more than an online application.

In order to qualify for a business loan in Quebec, your bar or restaurant must have been operational for at least 6 months and have generated at least $5000 in monthly revenue in order to qualify for a business loan.

Although there are endless reasons for why this is, the just of it is that if you already have an existing customer base that’s growing, then you should qualify for a business loan. If you do meet these requirements, take advantage of a business loan in Quebec today to double down on what made your bar or restaurant successful in the first place.

Choose a suitable offer that you’d like to proceed with and click “apply now” beside their name in order to proceed to the online application process. A questionnaire will pop up and qualify you for the loan that you require. If you are in a hurry, pre-apply instead with Smarter Loans and we will examine the needs of your bar or restaurant and assign a compatible business loan supplier that’s based out of Quebec and can properly accommodate you.

Company
Amount
Interest Rate
Reviews
Terms
$10,000 - $300,000
Starting at 6.99%
4 - 18 Months
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$5,000 - $150,000
8.99% - 18.99%
3 - 24 Months
$5000 - $500,000
12.99% - 39.99%
6 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
No Lender found for Payday
Company
Amount
Interest Rate
Reviews
Terms
$3,500 - $49,500
8.99% - 29.5%
12 - 84 Months
$5,000 - $40,000
Starting at 2.9%
12 - 72 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$10,000 - $25,000
Varies
12 - 60 months
$50,000 - $100M
Varies
Varies
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$10,000 and up
Varies
12 Months
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$350 - $25,000
Varies
12 - 60 months
$50,000 - $100M
Varies
Varies
Company
Amount
Interest Rate
Reviews
Terms
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$2,000 - $10,000
34.9% - 43%
12 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
No Lender found for Recreational Vehicles

Quebec Statistics

  • According to the most up-to-date research, there are 2,164,000 registered homeowners in Quebec.
  • Employment rate: 60%.
  • Quebec’s major employment areas are information and cultural industries, wholesale trade, finance and insurance.
  • On the average, consumer debt in Quebec is at the level of $27,900. For this factor Quebec hovered above Quebec’s average.
  • Quebec year of incorporation: 1832 is placed in Eastern Quebec. Quebec’s population: 8,164,000.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Smarter.Loans is your one stop shop for finding well-established Restaurant Business Loan providers in Quebec for your borrowing needs.

Browse through our directory of Restaurant Business Loan lenders to compare the most current Restaurant Business Loan rates in Quebec

Restaurant Business Loans are usually utilized for the following goals to

  • invest in restaurant equipment upgrades
  • buy new restaurant equipment and improve food quality
  • pay employee salaries and wages
  • purchase new equipment and reduce utility costs
  • upgrade the ventilation hoods in the kitchen
  • add a patio or additional space in your restaurant
  • update and upgrade your gas ranges
  • buy new deep fryers for your restaurant

just to name a few.

Different Types of Loans in quebec-city

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