A Sevierville, TN restaurant can finance a food truck, or a concession trailer towed by a vehicle it already has, as equipment for a second way to sell. Boldwick Funding Group sends the request to funding partners, who decide, and a partner may look at the restaurant's own sales history. To start, the owner calls (865) 326-1090 or sends the request form.
A food truck over 72 months and a trailer over 60 priced side by side, kitchen equipment added to a truck on a 30-month loan, the restaurant's records in the request, and invented event income set against each payment.
Food truck lender or trailer loan: a Sevierville, TN restaurant prices both on paper
A food truck is one vehicle with the kitchen inside it. A concession trailer is a kitchen on wheels that needs something to tow it. Either can be financed as equipment for a restaurant that already operates, and they price differently because only one has an engine.
Illustration only, invented figures: a Sevierville, TN restaurant prices a used food truck with its kitchen at $86,500 and a new concession trailer at $38,900, to be towed by a pickup the restaurant already owns. The truck over 72 months at an invented 10.8% annual rate costs $1,637.60 a month ($117,907.20 in all, $31,407.20 of interest); the trailer over 60 months at 11.3% costs $851.61 a month ($51,096.60, $12,196.60 of interest).
| Item | Price | Months | Annual rate (invented) | Monthly payment | Interest over the term |
|---|---|---|---|---|---|
| Used food truck with kitchen | $86,500 | 72 | 10.8% | $1,637.60 | $31,407.20 |
| New concession trailer | $38,900 | 60 | 11.3% | $851.61 | $12,196.60 |
In this invented case the trailer's payment is $785.99 a month lower, but it ties the pickup to the trailer on event days, and the pickup's own running costs stay with the restaurant. A partner may treat either one as equipment financing or as a term loan. For a used truck, a partner may also ask for its year, mileage and vehicle identification number next to the kitchen equipment list, because the truck and its kitchen can stand as the collateral. A new trailer comes with a dealer invoice, which keeps that part of the file shorter.
Food truck financing for the kitchen equipment inside a truck the restaurant already owns
A restaurant that already runs a truck may want to change what it cooks on it: a flat-top griddle, a refrigerated prep table, a cold well and a quieter generator.
Illustration only, invented figures: the griddle, prep table, cold well and generator come to $13,960 together. On a 30-month loan at an invented 12.55% annual rate, the restaurant pays $544.55 a month, and the 30 payments total $16,336.50, with $2,376.50 going to interest.
Equipment bolted into a truck is still equipment. A quote that gives each item its own price, with installation on a separate line, shows a partner exactly what the money buys.
Financing food trucks with the restaurant's own sales history in Sevierville, TN
A truck that is new to the restaurant has no sales of its own, but the restaurant behind it does. A funding partner may look at the restaurant's business bank statements, its time in business and the owner's credit, and it may treat the truck as an addition to an operating business rather than a new one.
On the request form, the restaurant gives its time in business and annual revenue; the truck quote and the monthly card sales come up on the call. Startups without revenue are outside this site.
A counter-service restaurant that runs the truck is counted under NAICS 722513, limited-service restaurants, which had 2,466 paid employees across Sevier County, TN in the pay period including March 12, 2023 (CBP).
The restaurants page covers equipment for the restaurant's own kitchen.
Event and catering income a funding partner may consider, set against the truck payment
Event and catering income can sit alongside the restaurant's own sales when a partner looks at the request. Signed event contracts and past event deposits on the bank statements are the records that show it, and a partner decides how much weight, if any, to give income the truck has not yet earned.
Illustration only, invented figures: the trailer above costs $851.61 a month. If the restaurant books three events a month at $1,450 each and food, staff and supplies take 60% of that, the events leave $1,740.00 a month, which covers the trailer payment about 2.04 times (our arithmetic). Against the truck's $1,637.60, the same invented events cover the payment only about 1.06 times.
Working capital can carry food and supplies for the events themselves, so the truck or trailer loan covers only the vehicle and its kitchen.
By Boldwick Funding Group · Updated
