Business Loans and Financing for Bars and Restaurants in Quebec

Quebec is a one of a kind community that is famous for certain foods such as poutine. The bars and restaurants in Quebec are high in demand for both the local communities and travelling tourists. More than just a vital contributor to the economy, these bars and restaurants in Quebec are a staple of the culture and history. This is part of the reason why business loans for bars and restaurants in Quebec are made readily available so that owners can keep up with expenses as well as to invest in new emerging technologies. If you are a bar or restaurant owner who’s interested in a business loan for bars or restaurants in Quebec, look no further for the information to make an educated decision.

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

This is to ensure that current restaurants that are already in demand are able to sustain and upgrade their current customer experience as a priority over sprouting up new untested restaurants. If your restaurant has earned $5000 monthly for at least 6 months, then you should be eligible and and can obtain a loan to pay for bars, diners, food establishments, equipment upgrades, renovations and more.

Elevate your bar or restaurant to the next level and attract even more guests, all while improving the experience for your current ones by clicking “apply now” beside the name of your chosen provider. If you are short on time, you can also pre-apply instead with Smarter Loans and we’ll research your unique needs and send a set of business loan offers directly to you.

Quebec Data

  • According to the latest research, there are 2,164,000 listed home owners in Quebec.
  • Employment rate is 60%.
  • As per the most up-to-date independent research, an average Quebec resident makes $40,400 per month.
  • The educational interests of Quebec residents lie first of all in visual and performing arts, and communications technologies, mathematics, computer and information sciences, physical and life sciences and technologies.
  • On the average, an hourly rate in Quebec is estimated at $30.
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.

Our platform helps you get in touch with the right Restaurant Business Loan providers in Quebec for your financing needs.

Browse through our catalogue of Restaurant Business Loan companies to find the most competitive Restaurant Business Loan rates in Quebec.

For Restaurant Business Loans most common uses are:

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

Elite Trusted Lenders

These companies are recognized for their excellent service, product offering and financial literacy education for all Canadians.