Can I refinance commercial kitchen equipment in Nevada?

Yes — you can refinance commercial kitchen equipment in Nevada if you have a FICO of 620 or higher and maintain solid cash‑flow. See rates in seconds—no credit‑score hit.

The specifics

In 2026 Nevada lenders offer equipment refinances with APRs between 9 % and 12 % Crestmont Capital. Terms range from 48 to 84 months and a typical down payment is 15 %–20 % of the purchase price Dimension Funding. Lenders mandate a debt‑service‑coverage ratio of 1.25× and a debt‑to‑income ratio no greater than 40 % of gross monthly revenue, ensuring the loan is affordable each month (roughly 8 %–12 % of gross revenue). Because the equipment itself acts as collateral, borrowers receive a 1–3 % APR reduction Nav. Processing time averages 30–45 days Nav. A soft‑pull credit check does not affect your hard score Nav.

Use our affordability calculator to see how a 48‑month 10 % APR loan would fit your cash flow. If your business operates beyond the corridor of 70 %+ occupancy, you may qualify for the best rates Nav.

Qualification & edge cases

The core eligibility hinges on credit, business history, and financial health. A FICO score of 620–679 qualifies as fair credit, with an APR premium of 3–5 % over the base rate Nav. Scores above 740 unlock the lowest SBA‑7A rates (roughly 8–10 % APR) and may allow a smaller down payment. New restaurants with less than 12 months of operation might need to submit a detailed cash‑flow forecast and face longer approval times.

If your score falls below 620, you can still refinance, but be prepared for APR up to 15 % and a minimum 30 % down payment. For used kitchen equipment, lenders typically add 1–2 % to the APR to cover depreciation Nav.

For mobile operators, the Nevada Food Truck Refinancing page illustrates how truck owners often secure lower rates by demonstrating consistent revenue streams and maintaining equipment in good condition.

Background & how it works

Commercial kitchen equipment financing is a secured loan where the stove, hood, ovens, and other gear serve as collateral. Lenders evaluate your cash‑flow projections, DSCR, and DTI before approving. SBA‑7A guidelines allow borrowing up to 90 % of fair‑market value with the remaining balance funded by a down payment, aligning with the 15–20 % range. The loan term of 48–84 months is chosen to balance monthly payment affordability and total interest exposure. Lenders often process applications within 30–45 days whenever the applicant can provide the required financial statements, tax returns, and proof of ownership.

If you’re looking to upgrade or replace aging equipment, refinancing can reduce your monthly payments and free up working capital for menu innovation or expansion. The key is a strong financial profile and a clear demonstration of ongoing revenue.

Bottom line

Nevada restaurant owners can refinance kitchen equipment with a FICO of 620 + and reasonable cash‑flow. Fast, low‑cost financing is available—discover your rate now.

Disclosures

This content is for educational purposes only and is not financial advice. commercialkitchenfinancing.com may receive compensation from partner lenders, which may influence which products are featured. Rates, terms, and availability vary by lender and applicant qualifications.

Sources

• Crestmont Capital
• Dimension Funding
• Nav