Halfway repaid and no refinance offer
Toast says a loan becomes refinance-eligible after more than 50% is repaid, subject to eligibility. If several loans are past 50%, Toast will only refinance the one with the highest daily holdback. Being past 50% does not mean an offer will appear. Recent sales trends and other factors still matter.
Fully repaid and nothing new
Toast says a prior loan does not guarantee a new offer. Offers appear and disappear as volume, projected sales and other factors change. Common triggers are a seasonal dip, lower card volume after adding a delivery or cash-heavy channel, or an ownership record that needs updating.
Renewal vs. a brand-new loan
A Toast refinance pays off your current Toast balance first and sends the remainder to you. A new loan from anyone else does not automatically pay off Toast. Your Toast holdback continues unless the new money is used to pay it off. Compare offers on net new cash, not the headline amount.
If you need money before Toast comes back
- Get an independent review on total deposits. ToastFunding covers $25,000 to $5,000,000 for restaurants on any POS.
- If your Toast balance is still open, ask whether the new funding would pay it off (one payment) or sit next to it (two payments).
- Have your Toast agreement ready, because existing liens on card receivables matter.
Get an independent review
$25,000 to $5,000,000 for restaurants on any POS. Credit from 500 considered. Soft credit pull to start. Approved restaurants funded in as little as 4 hours.
Check options before your next renewal →ToastFunding is an independent restaurant funding company. It is not affiliated with, endorsed by or sponsored by Toast, Inc. Toast Capital Loans are issued by WebBank.
Questions owners ask
When can I renew a Toast Capital Loan?
Toast says you may become eligible to refinance after repaying more than 50% of your existing Toast Capital Loan, subject to eligibility.
Why was I renewed before but not now?
Toast re-evaluates eligibility regularly using current processing volume, projected sales, outstanding balances and other factors. A previous renewal does not guarantee the next one.
Can someone else refinance my Toast Capital Loan?
An outside funder can provide money to pay off your Toast balance, but that is a payoff, not a Toast refinance. Ask for the payoff figure from Toast and compare net cash and the new payment.
Related guides
Toast Capital facts on this page come from Toast's own pages, checked October 15, 2026: Toast Capital FAQ; Toast Capital multiple loans FAQ; Toast Capital: Loan Eligibility. Toast's terms can change. Your Toast Capital dashboard and agreement are the final word on your Toast loan. ToastFunding is an independent restaurant funding company. It is not affiliated with, endorsed by or sponsored by Toast, Inc. Toast Capital Loans are issued by WebBank.