Toronto is one of the most competitive food cities in the world—and also one of the most expensive. Whether you’re launching a new fast-casual concept on Queen West or expanding a sushi bar in North York, the costs of opening a restaurant in the GTA keep rising. That’s why local restaurant owners are turning to the Canada Small Business Financing Program (CSBFP) to secure smart, affordable funding.
What You Can Use the Loan For
The CSBFP is perfect for:
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Leasehold improvements (build-outs, decor, kitchen renovations)
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Kitchen and service equipment
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POS systems and technology
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Furniture and fixtures
Most Toronto restaurant owners use this loan to fund their build-out, equipment purchases, and get operational before their first customer walks in.
How Much You Can Borrow
Under the CSBFP, you can apply for up to:
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$500,000 for leaseholds, equipment, and improvements
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$150,000 of that can be used toward working capital or inventory (under certain lender conditions)
What Banks Want in 2025
Based on recent lender trends in Ontario:
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Business plans need to show strong local market understanding (especially foot traffic and competition)
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Financial projections must be modest, not overly optimistic
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Lease agreements should already be in place or conditional
Why Use a Consultant?
Because we’re based in Toronto, we know what local banks, landlords, and inspectors are looking for. We’ve worked with clients across the city—from Scarborough to Etobicoke to Barrie—and we can help you:
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Build your loan application
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Draft a professional business plan and financials
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Connect with the right banker for your concept
Opening a restaurant in Toronto doesn’t have to break you. With the right funding plan and guidance, you can get the capital you need to launch confidently. Let’s get you funded.
