Food Truck Financing
We provide flexible equipment financing for food trucks, trailers, and related kitchen builds, supporting both startup operators and established, expanding food service businesses.
Who We Work With
New entrants to food service with limited or no operating history. Strong personal credit and relevant experience required. And operating trucks, restaurants, or catering businesses seeking expansion, upgrade, or replacement. Demonstrated revenue and cash flow.
Amount & Term
- Equipment Cost: $25,000–$250,000
- Advance Rate: Up to 90–100% (case dependent)
- Term: 36–60 months
- Structure: Equipment Finance Agreement (EFA) or Lease (FMV or $1 buyout)
- Down Payment: 10–20% for startups; 0–10% possible for existing operators
Our Lending Criteria
Startups
Must demonstrate food service experience (restaurant, catering, hospitality), operational/ management experience, or a partnership with an experienced operator.
Ideal candidates include former chefs, restaurant managers, or franchise operators.
Existing Operators
Must show a proven track record in food truck, restaurant, or catering operations, with demonstrated ability to manage staff, inventory, and daily operations.
Credit Criteria
Startup / Early-Stage
- FICO 680+ (650–679 reviewed case-by-case)
- Liquidity: 10–20% of project cost plus a working capital cushion
- No recent bankruptcies or serious delinquencies
- Underwriting focus: personal financial strength, industry experience, business plan viability
Existing Businesses
- FICO 660+
- Time in business: 2 years preferred
- Annual revenue: $150K+ (guideline)
- DSCR 1.20x+ where full financials are available; bank statements acceptable for smaller deals
Contact Us to Get Started
Required Documentation
Startups
- Personal financial statement
- 2–3 years personal tax returns
- Resume
- Business plan (required)
- Equipment quote / build sheet
- Proof of liquidity
- 4 Months Personal Bank Statements (*)
(*) PLAID may be required
Existing Operators
- Business financials (P&L, bank statements)
- Business tax returns (2 years)
- Debt Schedule
- Personal financial statement
- Equipment invoice / quote
- 4 Months Business Bank Statements *
(*) PLAID may be required
Note: Additional information may be required after initial package is received.
Business resources
Discover everything you need to elevate your business.
With AOF, you don’t just get access to affordable financing. You’ll have expert support at every stage of your journey, along with tools and resources designed to empower small business owners.
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