Arizona catering company secured $200K equipment financing to expand kitchen capacity and service capabilities, resulting in 35% revenue growth within 12 months.

Frances & Sons Catering Company applied for $200,000 in equipment financing to upgrade their commercial kitchen facilities and expand operational capacity. The investment enabled them to purchase industrial-grade cooking equipment, refrigeration units, and food preparation machinery critical to scaling their business. Within one year, the company increased revenue by 35% and expanded their service team by 40%.
Frances & Sons Catering selected equipment financing as the optimal funding strategy because it preserved cash flow while matching the useful life of assets to repayment terms. Unlike traditional loans, equipment financing required minimal collateral and offered favorable terms aligned with the company's seasonal revenue patterns.
The $200,000 was deployed strategically across critical infrastructure: $85,000 for a commercial convection oven system and range suite, $60,000 for a 3-unit refrigeration and freezer setup, $35,000 for food prep tables and warming equipment, and $20,000 for delivery and installation. This modernization increased kitchen throughput capacity from 300 to 750 simultaneous meals.
Valerie Santos, Executive Chef and Owner
"This equipment financing was transformational for our business. We went from turning down large contracts to confidently bidding on events for 500+ guests."
The equipment financing proved instrumental in removing operational constraints that were limiting growth. Frances & Sons transformed from a capacity-constrained business into a scalable operation capable of pursuing enterprise-level catering contracts.
Valerie plans to refinance this equipment in year three and pursue an additional $150K financing round to add a second kitchen facility in Scottsdale. The company projects $900K in annual revenue by 2026 with expanded geographic market reach across Arizona.
Overview
Frances & Sons Catering Company is a Phoenix-based food-services provider specializing in corporate events, weddings, and large-scale catering. Founded in 2015, the company has grown to serve 200+ clients annually across Arizona.
Industry
Location
Arizona
Amount
$200,000
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