How inKind Finances

inKind buys F+B credit

inKind purchases a large amount of food and beverage credit from your restaurant.

inKind Sells F+B Credit

inKind sells the credit to customers to pay itself back rather than charging you any repayments.

You keep serving great food!

You service the credit over time, as customers come in to spend it, typically over 3 years.

Why it works better than other financing options

Because inKind is simply purchasing credit to your venue and not providing a loan that
is paid back, the only cost is servicing credit as guests redeem.

Marginal cost of financing

The cost to your restaurant is the cost of the food and beverage you serve as customers redeem the credit they were sold by inKind. If you’re running 30% COGS, servicing $100 of credit will cost $30 + tax.

Other Benefits

Engagement

Guests who buy F&B credit come in more often and spend more per visit, increasing your revenue and deepening your relationship with them.

Breakage

Not all credit will be used. You can benefit from this breakage. Typically between 15-20% of credit is never redeemed.

Customer Tips

When redeeming credit to a venue, guests add gratuity on their credit card meaning your venue isn’t covering tip costs.

Marketing Support

inKind provides free marketing services to grow your email list and digital footprint at no charge and passes those audiences directly to you!

House Accounts

Food & Beverage credit is sold as ‘House Accounts’ to
customers and distributed through the inKind app.

Touchless Payment & Integrations

Guests can close out their bill with their House Account using their own device through the inKind app. inKind works with or without integration into your point-of-sale.

Adding Funds & Gifting

Guests often add additional House Account funds after redeeming their initial purchase amount and can share credit with friends directly from the inKind app bringing in new high-value customers.

Transaction & Financial Reports

All guest payments are tracked and viewable through inKind’s reporting service. Text alerts and emails can also be enabled to alert managers and operators of live credit redemptions.