Bar business loans help Camden, New Jersey bars and taverns fund draft systems, coolers, remodels and stock orders, and buy existing bars. Camden County, NJ counted 48 drinking places with paid employees in 2023 (Census County Business Patterns 2023). This page compares equipment loans, term loans, inventory funding and card-sales advances for bars, with invented examples.
At a glance
- Drinking places with paid employees, Camden County, NJ
48 (Census County Business Patterns 2023)
- Employees at drinking places
697 (Census County Business Patterns 2023)
- Full-service restaurants
334 (Census County Business Patterns 2023)
Business Loans for Bars in Camden, NJ: Equipment, Remodels and Stock
A bar's funding needs come in three kinds. Draft systems, glycol chillers, back-bar coolers, ice machines and point-of-sale systems are equipment, financed through equipment financing. A remodel of the bar top, seating or restrooms is a project for a term loan. Liquor, wine and beer orders are stock that turns over, which suits inventory financing or a line of credit.
Camden County, NJ Bars in the Census Count
County Business Patterns counted 48 drinking places, the Census term for bars and taverns, with paid employees in Camden County, NJ in 2023, employing 697 people with $17.9 million in annual payroll; 35.4% had fewer than five employees (Census County Business Patterns 2023). Many establishments that serve drinks are counted as restaurants instead, since the Census classifies by main activity; the county had 334 full-service restaurants. Nonemployer Statistics counted 22 drinking places with no payroll for 2024 (Census Nonemployer Statistics 2024).
Bar Business Financing Options in Camden, NJ: An Invented Equipment Package
Illustration only, invented figures: a Camden, NJ tavern installs a $26,000 draft system with a glycol chiller, $18,500 of back-bar coolers and a $7,400 point-of-sale system, $51,900 in all. Paid over 60 months at an invented 10% annual rate, the package costs about $1,103 monthly (our arithmetic). Ask the installer to list the draft lines, chiller and labor separately.
Loans for a Bar and Restaurant in Camden, NJ: The Kitchen Side
A bar that serves food carries kitchen equipment and food costs too. Partners read food and beverage sales separately, since the margins differ, and look at both cost lines on the profit and loss statement. The kitchen equipment fits the same financing as a restaurant's. The restaurant page covers hoods, walk-ins and cook lines in detail.
Remodeling a Back Bar in Camden County, NJ: An Invented Example
Illustration only, invented figures: a $95,000 remodel of the bar top, back bar, seating and restrooms over 72 months at an invented 10.5% annual rate has a payment of about $1,784 a month (our arithmetic). A partner reads the lease term, since the remodel stays with the space, and how the bar plans to stay open, or not, during the work.
- The contractor's estimate.
- The lease with its remaining term.
- Twelve months of the bar's deposits and card settlements.
- Tax returns for the last two years.
Funding Liquor and Beer Orders for a Camden, NJ Tavern
Distributors set their own payment terms, and a large order ahead of an event or a new menu ties up cash. Illustration only, invented figures: a $14,000 order paid over 4 months at an invented 12% annual rate is about $3,588 a month (our arithmetic). Partners read sales by category to see how fast stock moves; a line of credit is an alternative when orders recur.
Records Partners Read From a Camden County, NJ Tavern
Partners read bank and card processing statements, tax returns, sales by category, the lease and the liquor license details. Card statements that match reported sales, a steady pour cost and a lease with years remaining make the strongest file. A bar that runs events or live music can show how those nights change sales, with point-of-sale reports by day.
- A year of the tavern's bank statements and card processor summaries.
- Point-of-sale reports by category and by day.
- The lease and its remaining term.
- Equipment quotes or the remodel estimate.
Card-Sales Advances for a Camden, NJ Bar
A bar that takes card payments may be offered an advance. Illustration only, invented figures: a $22,000 advance at a 1.30 factor means $28,600 to be remitted; a 12% holdback on $2,300 of daily card sales collects about $276 a day, finishing in about 104 business days (our arithmetic). The advance is not a loan, and its cost, $6,600, is fixed regardless of pace. Compare it in dollars with a line or term loan before signing.
Taking Over a Running Tavern in Camden County, NJ: Seller Records and the License
Buying a bar brings the equipment, the lease, the staff and, separately, the liquor license, which has its own transfer process through state and local authorities. Partners read the seller's sales by category, card statements against reported sales, and the lease. Confirm the license transfer steps with the issuing authorities and a lawyer before setting the closing timeline. The guide to buying a business in Camden, NJ covers seller notes and the order of steps.
By Sprucebend Commercial Capital · Updated