Restaurant Loans in Dickinson, ND, From Dish Machines to a Second Location

A commercial range is the plainest case for equipment financing: the range has a serial number, a dealer quote and a resale value, so it can secure its own payments. A full line, for example two ranges, a charbroiler and a griddle, can go into one request.

Invented figures, for illustration only: replacing its range line costs a family restaurant $38,500. Put on a four-year schedule at 10.5% a year, that line costs the kitchen $985.73 every month, and $8,815.04 of the $47,315.04 it pays in all is interest.

A dining room with table service in Stark County, ND is one of 26 establishments that the 2023 County Business Patterns listed under Full-Service Restaurants (NAICS 722511). Eight of those 26, or 30.8%, had fewer than five employees, and the code's county payroll for 2023 was $12,582,000.

Ice machines and refrigerated prep tables wear out on their own schedule, and they can be replaced one at a time rather than as a line. A dish machine is the same kind of purchase: a high-temperature unit with its racks and a booster heater is equipment, priced from one quote. Each can be financed alone or bundled with other kitchen pieces into one request.

Illustration only, invented figures: an ice machine, two prep tables and a dish machine priced together at $16,900, financed for 36 months at an annual rate of 11%, would carry a payment of $553.28 a month and total $19,918.08.

Counter-service kitchens make up a separate code. Stark County, ND had 24 establishments under Limited-Service Restaurants (NAICS 722513) in 2023, and 5 of them had fewer than five employees (CBP). By the ZIP of the physical address, ZIP 58601 held 20 full-service and 22 limited-service restaurant establishments that year (ZBP 2023).

A restaurant has more than one way to pay for a purchase, and each fits a different cost:

• Equipment financing for a range line, fryers, coolers or a dish machine, with the equipment as collateral
• Working capital for food orders, payroll and the weeks before a catering client pays
• A business line of credit for food orders that repeat every week and are paid back within weeks
• A merchant cash advance, collected from a share of card sales; it is not a loan
• A term loan for the counters, seating and equipment of a second location or the purchase of a running restaurant

Illustration only, invented figures: a restaurant books a $14,000 catering contract that the client pays 30 days after the event. Food and extra staff cost $5,900 up front, so the kitchen carries $5,900 for about a month. A draw on a line of credit covers it and is paid back when the client pays.

A walk-in cooler is a set of insulated panels, a door, an evaporator inside and a condensing unit, sold and installed by a refrigeration dealer. The panels and the refrigeration system are equipment and can be financed together. Moving walls or adding electrical service to make room for the box is building work, which this site does not cover.

Illustration only, invented figures: a $23,400 walk-in cooler set on a five-year schedule at 9.75% a year asks $494.31 of the kitchen every month. Sixty payments total $29,658.60.

Restaurants and Other Eating Places (NAICS 7225), the wider code that holds both kinds of restaurant, had 67 establishments in Stark County, ND in 2023, 19 of them with fewer than five employees (CBP). Nonemployer Statistics counted 21 eating places with no paid employees in the county in 2024.

A restaurant that has not opened yet has no sales history for a funding partner to review. Its request rests on the owner's credit, the equipment quotes, the signed lease and the cash the owner puts in, and a partner can weigh each of those. A restaurant that is already open and adding a second location brings the bank statements of the first one, which a partner can look at for the new space.

Illustration only, invented figures: two fryers with a dump station cost $11,400. Across 36 monthly installments at 12% a year, the fryers come to $378.64 each time and $13,631.04 overall.

The counters, seating and kitchen equipment of a leased second space are in scope; the build-out of the space itself is property work outside this site. Buying the building is a real estate purchase outside this site. County figures for businesses across Dickinson, ND are on the city page, and hotels and salons are covered on the industries page.

An invented fryer and payroll example in the article on how revenue-based funding works sets a card-sales advance next to a term loan.