Upgrading your kitchen with new commercial ovens can completely transform your restaurant’s efficiency, speed, and food quality.
But high-performance ovens — especially convection, combination, or pizza deck ovens — can cost anywhere from $5,000 to $50,000+ per unit. Paying cash upfront isn’t always practical, especially when you’re managing payroll, food costs, and other expenses.
The good news: there are several affordable financing options that let you upgrade your ovens without hurting your cash flow.
Here’s a breakdown of the best ways to finance new commercial ovens in 2025 — whether you’re opening a new restaurant, expanding your bakery, or modernizing your kitchen.
Instead of draining your working capital, financing helps you:
✅ Spread payments over several years
✅ Preserve cash flow for operations and emergencies
✅ Upgrade to energy-efficient models sooner
✅ Claim Section 179 tax deductions (up to $1.22M in 2025)
✅ Build business credit
Financing ensures your equipment starts paying for itself through daily use — all while keeping your restaurant’s finances stable.
The SBA 7(a) loan program is one of the most flexible and affordable financing tools available for restaurant owners.
Loan Highlights:
Borrow up to $5 million
Terms up to 10 years for equipment purchases
Interest rates typically 8%–11% (Prime + lender spread)
Down payments as low as 10%–20%
You can use funds for:
Purchasing commercial ovens and other kitchen equipment
Renovating or expanding your kitchen
Working capital and inventory
Best for: Established restaurants, bakeries, or franchises with at least two years of profitability.
Example:
A bakery secures an SBA 7(a) loan to purchase two $30,000 ovens and finance the kitchen remodel — keeping monthly payments low and freeing cash for daily operations.
Equipment financing is specifically designed for purchasing tools and machinery — making it ideal for commercial ovens.
How it works:
The oven itself serves as collateral
You make fixed monthly payments
You own the equipment once it’s fully paid off
Advantages:
✅ Approvals in 24–72 hours
✅ No large down payment
✅ Terms from 2–7 years
✅ Financing up to 100% of the equipment cost
This option is perfect for restaurants, cafés, and bakeries that need to replace old ovens quickly without waiting weeks for SBA approval.
Pro Tip: Many lenders let you finance both new and used ovens, including installation and shipping costs.
If you prefer not to commit to ownership or want the flexibility to upgrade every few years, leasing your ovens can be a smart move.
Two main lease types:
Operating Lease: You rent the oven and return or upgrade it at the end of the term.
Capital Lease: You own the oven after your final payment (often for $1).
Benefits:
✅ Lower monthly payments than loans
✅ Minimal upfront costs
✅ Lease payments are 100% tax-deductible
✅ Easier to qualify for than bank loans
Best for: Restaurants that frequently update equipment or use seasonal setups.
Example:
A pizzeria leases two deck ovens for 48 months, then upgrades to new energy-efficient models when the lease ends — with no large cash outlay.
Many kitchen equipment manufacturers and distributors offer in-house or partner financing.
Examples include:
Hobart Financial Services
Middleby Financing
Vulcan and Blodgett vendor programs
Advantages:
✅ Simplified application process
✅ Fast approval and equipment delivery
✅ Possible promotional rates or deferred payments
Drawbacks:
Rates can sometimes be higher than bank or SBA loans, and terms may be limited to specific models or vendors.
If you need flexibility for ongoing upgrades or purchases, a business line of credit may be your best choice.
How it works:
Get approved for a revolving credit limit (e.g., $50K–$250K)
Borrow only what you need and pay interest on the used amount
Reuse as you repay
Use funds for:
Buying multiple ovens or related kitchen equipment
Paying installation costs
Covering seasonal slowdowns during the remodel
Best for: Restaurants that make regular equipment upgrades or handle multiple locations.
If your oven breaks unexpectedly or you need to seize a limited-time deal, a short-term business loan can deliver fast cash.
Loan Details:
Funding in as little as 24–72 hours
Terms from 6–18 months
Borrow $5,000–$500,000
Higher interest rates but immediate access
Best for: Emergency replacements or restaurants with steady daily sales that can handle faster repayment schedules.
SBA 7(a) Loans – Low-rate, long-term financing
Equipment Financing – Fast approval and full ownership
Leasing – Low payments and upgrade flexibility
Vendor Financing – Easy manufacturer-based loans
Business Line of Credit – Ongoing access to funds
Business: The Copper Spoon Café – Austin, TX
Loan Type: Equipment Financing
Amount: $65,000
When the café’s ovens began breaking down, the owners decided to invest in two high-efficiency convection ovens. Instead of paying cash, they financed the purchase through an equipment lender with a 5-year term and 8.5% interest rate.
Results:
Saved $60K in working capital
Reduced energy use by 20%
Increased baking output by 35%
Owner’s Quote:
“The ovens paid for themselves within months. Financing let us upgrade without jeopardizing our cash flow.”
Lenders typically look for:
✅ Credit score: 650+ (personal or business)
✅ Time in business: 1–2 years preferred
✅ Annual revenue: $50K+
✅ Quote or invoice from equipment supplier
✅ Business tax returns and bank statements
Startups may qualify through SBA Microloans or leasing programs, which are more flexible with limited credit history.
Financing your new commercial ovens is more than a purchase — it’s an investment in efficiency, quality, and customer satisfaction.
Whether you choose SBA loans, equipment financing, leasing, or vendor programs, the key is matching your loan type to your business goals and budget.
By financing strategically, your ovens can start generating profit immediately — while your cash flow stays intact.
Explore SBA-backed options at
👉 sba.gov/funding-programs/loans
or compare offers from restaurant equipment financing specialists today.