Tealford Business Capital in Houma, Louisiana helps Terrebonne Parish, Louisiana restaurants request funding. The parish counted 60 full-service and 82 limited-service restaurant employers in 2023. This page covers loans for restaurants, the kinds of restaurant lenders, card-sales advances, food truck loans and lending, a worked kitchen purchase, and the records partners read.
At a glance
- Restaurant employers, Terrebonne Parish, LA
142 (60 full-service + 82 limited-service, our arithmetic; County Business Patterns 2023)
- Restaurant employees
3,370, our arithmetic (County Business Patterns 2023)
- Accommodation and food services payroll
$100.7 million (County Business Patterns 2023)
Loans for Restaurants in Terrebonne Parish, LA: The Kitchen Count
County Business Patterns counted 60 full-service and 82 limited-service restaurant employers in Terrebonne Parish, LA in 2023, 142 in all, with 3,370 employees and $65.3 million in annual payroll (our arithmetic, adding two codes; County Business Patterns 2023). Only 15.0% of the full-service and 15.9% of the limited-service kitchens had fewer than five employees, so payroll is a large, steady bill.
The wider restaurants-and-other-eating-places group counted 171 employers, which adds snack bars, cafeterias and caterers (County Business Patterns 2023). Nonemployer Statistics counted 20 full-service and 15 limited-service restaurants without payroll in 2024 (Nonemployer Statistics 2024).
Restaurant Lenders: Banks, Equipment Funders and Advance Providers
Banks and credit unions make term loans to restaurants with several years of returns. Equipment finance companies fund ovens, fryers and coolers against the equipment. Specialty funders make short working capital loans read from deposits, and advance providers buy future card receipts. Each reads a restaurant differently: a bank reads profit, an equipment funder reads the machine, an advance provider reads card sales.
Tealford matches a request with funding partners across these types; a partner reviews it and decides. All six funding types are set out side by side.
Restaurant Cash Advance: Terms to Read Before Signing
A restaurant with steady card sales can get a merchant cash advance, a purchase of future card receipts that is not a loan. Illustration only, invented figures: a $25,000 advance at an invented factor of 1.3 means $32,500 is remitted from card sales (our arithmetic), however long that takes.
- The holdback percentage taken from each day's card settlements.
- Fees deducted before the money arrives.
- Reconciliation terms if sales fall.
- Whether a second advance is allowed or forbidden.
- Default clauses and any personal guarantee of performance.
The merchant cash advance page compares it with a line of credit.
Food Truck Loan in Houma, LA, Step by Step
- Get a quote that itemizes the vehicle and the kitchen build-out.
- Check the health permit and commissary requirements with the parish and state.
- Price the opening stock, wraps and point-of-sale equipment separately.
- Send the request with the truck price as the amount.
- Compare loan and lease offers on total dollars.
Funders read a truck as a vehicle and a kitchen, so a request with both parts listed gives them what they need.
Food Truck Lending for a Restaurant's Second Kitchen
A truck can extend an existing restaurant, and that history helps: a partner reads the restaurant's deposits and returns along with the truck's quote. Illustration only, invented figures: a Houma, LA restaurant adds a $88,000 built-out truck with $13,200 down, financed over 72 months at an invented 10.6% annual rate, about $1,408 a month (our arithmetic).
The payment sits on the restaurant's books, so the restaurant's own cash flow carries it while the truck builds a following.
Food Truck Lender Questions, Answered With a Kitchen Line Purchase
Illustration only, invented figures: a poboy shop replaces its fryer bank, hood and walk-in cooler for $48,000, puts $4,800 down and finances the rest over 60 months at an invented 9.7% annual rate. Our arithmetic gives a payment of about $912 a month. The equipment secures the loan, so the shop's deposits and the equipment's value both count.
The same questions apply to a truck: who sells it, what it is worth used, and how long it will work. The restaurant equipment article goes further.
Restaurant Payroll and Supplier Terms: Where Working Capital Fits
Kitchens pay cooks and servers every week or two and pay food distributors on short terms or on delivery, while card settlements arrive in batches and catering invoices take longer. A remodel closure or a broken walk-in breaks that rhythm. A working capital loan covers a one-time break; a line of credit covers a pattern that repeats. Terrebonne Parish, LA restaurants counted 3,370 employees in 2023 (our arithmetic, two codes; County Business Patterns 2023), so the wage bill is the first number to plan around.
Before requesting, list the weeks the gap lasts and the income that ends it. Requesting the gap rather than a round figure keeps the payment within what the kitchen can carry.
Restaurant Funding: Records a Kitchen Should Have Ready
- Business bank statements and card processing statements.
- Business tax returns and a year-to-date profit and loss.
- Equipment quotes, itemized.
- The location's lease, showing how many years remain.
- Any loans, leases or advances the kitchen already pays.
Equipment financing, working capital and the Houma, LA page cover the rest.
For the kitchen itself, read how to finance restaurant equipment in Terrebonne Parish, LA.
By Tealford Business Capital · Updated