Lender intelligence

Financing a caterers acquisition in Washington

State:

The SBA 7(a) lenders funding the most caterers acquisitions in Washington, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance caterers in Washington

$713K

Typical loan

range $260K–$3.27M

$792K

Est. purchase price

≈ loan ÷ 90%

$108,633

Cash to close

$79,222 down + fees

$9,226/mo

Typical payment

~9.5% · 10yr

$127,319/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

6 days

Typical time to fund

Lenders competing

more = leverage

8.38%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active in caterers · Washington

Ranked by funded caterers acquisitions in Washington. Tap a lender for its full record, or hit Get in touch for an introduction.

1.1,296 loans · $1.4B · Wilmington, NCFull record →
2.139 loans · $102M · Los Angeles, CAFull record →

4+ funded Caterers in Washington deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Kaspar's in Seattle, WA — $3.3M (2025) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.4M (73%)
Approval → funding
26 days
Approved
3/6/2025
First disbursed
4/1/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
13
Business age
Change of Ownership
Industry
Caterers
If you were the buyer here
Est. deal size
$3.6M
Est. down payment (10%)
$363K
Est. cash at closing
$501K
Monthly payment
$41,803
Annual debt service
$502K
Cash flow needed (1.25×)
$627K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Kaspar's in Seattle, WA — $50K (2025) · purchase · Live Oak Banking Company
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approved
3/6/2025
Loan status
Committed
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
13
Business age
Change of Ownership
Industry
Caterers
If you were the buyer here
Est. deal size
$56K
Est. down payment (10%)
$6K
Est. cash at closing
$7K
Monthly payment
$640
Annual debt service
$8K
Cash flow needed (1.25×)
$10K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Sunrice; UU Sunrice in Everett, WA — $713K (2024) · purchase · Hanmi Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$535K (75%)
Approval → funding
6 days
Approved
4/23/2024
First disbursed
4/29/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Change of Ownership
Industry
Caterers
If you were the buyer here
Est. deal size
$792K
Est. down payment (10%)
$79K
Est. cash at closing
$109K
Monthly payment
$6,229
Annual debt service
$75K
Cash flow needed (1.25×)
$93K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Hanmi Bank · Lender record →
Your business? Claim this record · Request removal
Fine Whine Catering, LLC in Kirkland, WA — $260K (2021) · purchase · Commencement Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$195K (75%)
Approval → funding
6 days
Approved
9/21/2021
First disbursed
9/27/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Caterers
If you were the buyer here
Est. deal size
$289K
Est. down payment (10%)
$29K
Est. cash at closing
$39K
Monthly payment
$2,822
Annual debt service
$34K
Cash flow needed (1.25×)
$42K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Commencement Bank
Your business? Claim this record · Request removal

Financing a caterers deal in Washington? Start with the right lender

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to caterers businesses with a Washington project address.

Agent summary

How to finance a caterers acquisition in Washington with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Washington deals. Live Oak Banking Company funds the most here. CapBench is not a lender.

$540K typical loan
3 lenders active in Washington
4+ funded Washington deals
6 days typical to fund

Buyers buying a caterers in Washington typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All caterers lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/caterers/washington
API:: https://www.capbench.com/api/public/lenders?industry=caterers
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.