Restaurant Loans in Collierville, TN: Prep Tables, a Reach-In Cooler Swap and a Range Line

The cases below are invented and worked to the cent; the counts come from the Census Bureau.

Cash flow around a reach-in cooler swap for Collierville, TN restaurant owners

When a two-door reach-in cooler stops holding temperature, the owner chooses between one more repair bill and a replacement. A repair invoice is an operating cost that working capital can cover. A new cooler is equipment that equipment financing can spread over its own term, with the cooler itself as the security a funding partner may take.

Illustration only, invented figures: a Collierville, TN sit-down restaurant replaces its reach-in cooler with one priced at $6,950 and finances it over 24 months at a 13.3% annual rate. The invented payment comes to $331.40 a month; across the 24 invented payments the restaurant hands over $7,953.60, of which $1,003.60 is interest.

The first invented payment is due about a month after funding, so the swap does not take $6,950 out of one week’s cash in this invented case; the cooler is paid for while it works. A plug-in reach-in needs no plumbing or wiring job, which keeps the whole quote inside equipment financing. The owner can book delivery for a morning with no lunch service and ask the dealer whether hauling the old unit away is part of the price.

Replacing refrigerated prep tables at a Shelby County, TN restaurant

Refrigerated prep tables keep cold ingredients at the station where plates are built, and a kitchen running two of them can lose a station when one compressor wears out. Replacing both at once keeps the line matched; replacing one at a time spreads the cost over two purchases.

Illustration only, invented figures: two refrigerated prep tables at $4,180 apiece, $8,360 in all, financed over 36 months at a 12.8% annual rate, come to an invented $280.88 a month. Three years of those invented payments sum to $10,111.68, and the invented interest share is $1,751.68.

A funding partner may ask for the dealer’s quote with model numbers, recent business bank statements and how long the restaurant has operated. Partners set their own terms, and a loan for two prep tables can carry a shorter term than one for a full range line.

A six-burner range and a convection oven for a Collierville, TN sit-down restaurant, gas hookup excluded

A range and a convection oven are equipment: a dealer sells and delivers them, and they can be moved out again. Connecting them is a separate job. Running or extending a gas line, and any hood work above the cooking line, is work on the building itself, and that property work sits outside what this site arranges.

Illustration only, invented figures: a sit-down restaurant replaces a six-burner range at $7,240 and adds a convection oven at $9,615, an invented $16,855 of equipment. With 48 invented payments of $437.27 at an 11.2% annual rate, the kitchen pays $20,988.96 for the equipment, and $4,133.96 of that invented total is interest.

In this invented case the restaurant pays the gas fitter’s hookup invoice from its own cash, apart from the financed equipment. A dealer quote that lists delivery, hookup and haul-away on separate lines makes that split plain before the request goes to a funding partner.

Smallwares for a Collierville, TN quick-service restaurant’s new dinner hours, drawn on a credit line

A quick-service restaurant that adds dinner hours may need more sheet pans, hotel pans, ladles, storage containers and plates before the first evening service. Those are supplies with a short life rather than equipment with a title, and a business line of credit can carry them: the owner draws what the order costs and pays the draw down from the sales that follow.

Illustration only, invented figures: a $5,380 smallwares order drawn on a credit line at a 14.05% annual rate and paid back after 50 days costs about $103.55 in interest in this invented case, worked as simple interest on a 365-day year.

Interest on a line runs only while the money is out, so the same invented draw repaid in 25 days would cost about half as much. Any draw or renewal fee in the offer belongs in that comparison too. A kitchen with steady card sales can also look at a merchant cash advance, which is not a loan: the provider collects a share of each day’s card sales until a set total is reached.

What 2023 Census business counts show for Shelby County, TN and ZIP 38017 kitchens

Of the 625 full-service restaurants with paid staff on the 2023 County Business Patterns list for Shelby County, TN, 141 (22.6%) ran with fewer than five employees, so by our arithmetic 77.4% employed five or more. Limited-service restaurants, the Census group that takes in counter-order kitchens and quick-service restaurants, numbered 790, and 154 of them (19.5%) had fewer than five employees.

Full-service restaurants across the county reported 14,868 paid employees in the March 2023 pay period and $388 million of annual payroll; limited-service restaurants reported 16,125 employees and $320.3 million. Those are totals for every restaurant in each group, not a figure for one kitchen.

In 2024 Nonemployer Statistics, Shelby County, TN had 217 full-service and 191 limited-service restaurants with no paid employees. The Collierville, TN page breaks ZIP 38017 down by sector, and bars and hotels sit beside restaurants on the industries page.

By Baydale Funding Group · Updated November 8, 2026