What speeds up an emergency application?
Recent bank statements ready to upload, a written repair quote, accurate business details, and quick responses to follow-up questions.
Downloading statements from your bank’s website in advance saves time. If you use more than one business account, include all of them.
Answer calls and emails from the funder promptly; delays usually come from missing information.
What can I do while waiting for funds?
Ask the technician whether they will start with a deposit, get parts ordered, and arrange temporary equipment or menu changes.
Some vendors will order parts on a small deposit if you show a funding approval. Communication keeps the repair moving.
Keep a one-page emergency file in the office: bank login for statements, your EIN and business details, and your preferred technicians’ numbers. In a crisis, having it ready can save hours.
After the emergency, add the failed unit to your maintenance schedule so it does not catch you off guard again.
How much should I request?
The repair quote plus related costs like rentals, lost product and a small buffer for surprises found during the repair.
Surprises are common: a tech may find a second problem. A small buffer avoids a second application.
| Item | Why | Ready? |
|---|---|---|
| Bank statements | Core of the review | Download now |
| Repair quote | Shows the need | Written |
| Business details | Accurate application | Have on hand |
| Phone availability | Fast follow-up | Answer calls |
Worked example: a hood fan motor failure
A restaurant averaging $110,000 in monthly deposits loses its exhaust fan motor, which shuts down the cook line, and gets an $8,400 quote including emergency labor. Using an illustrative factor rate of 1.20, $8,400 would mean $10,080 repaid over roughly 3 months: 63 daily payments of about $160.
That works out to about $3,360 a month, or 3.1% of the $110,000 this business deposits monthly, and the total cost of the money is $1,680. Restoring ventilation within days protects the kitchen’s ability to cook at all.
For comparison, repaying the same $10,080 over 2 months would lift the monthly outlay to about $5,040, or 4.6% of deposits, and whether the faster payoff is worth that bigger payment depends on how steady your slow months are.
| Average monthly deposits | $110,000 |
|---|---|
| Amount funded | $8,400 |
| Factor rate (illustrative) | 1.20 |
| Total repaid | $10,080 |
| Cost of the funding | $1,680 |
| Term | about 3 months |
| Daily payment (63 payments) | $160 |
| Payments as a share of deposits | 3.1% |
Who this fits
Usually a fit
- Kitchens with urgent equipment failures
- Owners with documents ready
- Operators who need funds in days
When to hold off
- Non-urgent projects that can be planned
- Owners with reserves
- New kitchens without deposit history
What you’ll typically need
- Recent business bank statements
- Repair quote
- Business details
Frequently asked questions
If I apply today for an emergency repair, when could funds land?
With statements ready, a kitchen owner applying for an emergency repair typically hears back the same day, and approved funds tend to arrive in one to two business days.
Can I apply after hours?
Yes; the application is online.
Will a tech start with a deposit?
Many will; ask.
Can lower credit still get an emergency repair covered?
Often, yes. A kitchen owner with a score from 500 can apply for an emergency repair, and as credit improves the offers generally get better.
Emergency in the kitchen?
Apply now.
Updated October 6, 2026