Business Lines of Credit
A business line of credit is a designated amount of working capital made available to restaurant and small business owners, allowing them to withdraw funds as needed. This type of financing provides flexibility, enabling business owners to access money only when necessary and to pay interest solely on the amount drawn. Restaurant owners can access their line of credit 24/7, with the option to make up to five separate loan drafts over a six-month period. Plus, requesting funds is convenient with online access!
You've got ambitious plans to expand your business, but you need the capital to bring them to life. Whether you're looking to undertake an expansion project, make renovations, invest in new equipment, or open a new location, ARF Financial is here to support you. Our Line of Credit provides quick access to up to $750,000. You can draw on the funds as needed and only pay interest on what you borrow. Get your initial line approved in just 24 to 48 hours, with 24-hour access to five separate loan drafts over the next six months.
Even if you don’t have an immediate need for funds, savvy business owners are proactively establishing lines of credit. Being prepared is a smart move; opportunities and challenges can arise unexpectedly. With committed working capital at your disposal, you'll be ready to tackle whatever comes your way!
Benefits of Business Lines of Credit
Loan amounts are available from $5,000 to $750,000 with repayment terms up to 36 months
Secure your best rate for the next six months with an initial draw of just $10,000!
Combine the Business Line of Credit with the Flex Pay Loan to defer up to 50% of the principal for more manageable payments now, and repay it when it suits you best
Access the funds you need when you need them, with low, fixed weekly payments. Our line of credit functions as a business loan, not a cash advance, meaning repayments aren’t linked to your daily credit card sales
The interest you pay is tax-deductible, which effectively reduces your overall financing costs, and you also have the option for early repayment
Low Fix Payments
Get approved for a Line of Credit and gain 24-hour access to funds ranging from $5,000 to $750,000. It’s fast, simple, and requires minimal documentation
Quick and Convenient
Each draw from your line of credit comes with its own fixed weekly payment, giving you clarity and control over budgeting as you access funds incrementally
You Are in Control
You call the shots! Choose to take one draft or all five. You can consolidate payments into a single amount, refinance to increase your available credit, or even extend the line after six months.
Great Loan Terms
Staying prepared has never been simpler, without the need for minimum bank balances or the usual mandatory annual paydown requirements
When selecting the right business lender, comparing loan amounts and repayment terms is crucial because...
Size Is Critical!
Larger Loan Amounts, Longer Terms & Big Rewards
Large projects often require significant upfront investments that a merchant cash advance can't provide. If you're ready to make a substantial leap this year, get financing that suits your needs perfectly. You can now borrow up to $1,000,000 with terms extending up to 36 months, enabling you to fund your major projects while keeping costs manageable.
The average loan amount is more than six times larger, and the repayment terms are over three times longer than those of a merchant cash advance. With higher loan amounts, you can seize growth opportunities that greatly impact your bottom line, and with extended terms, your payments remain manageable, ensuring your cash flow stays intact! See the comparison below:
Max Loan Size | $1,000,000 |
|---|---|
Washington, DC | 58 |
Philadelphia | 58 |
New York | 60 |
City | Temperature °F |
|---|---|
Washington, DC | 58 |
Philadelphia | 58 |
New York | 60 |
Popular Uses for Business Lines of Credit
Restocking inventory to meet customer demand or seasonal trends
Investing in new machinery or technology to improve operations
Funding renovations to enhance your business space and attract more customers.
Covering everyday operational costs, such as payroll and utilities
Financing marketing campaigns to boost brand visibility and customer engagement
When selecting the right business lender, comparing loan amounts and repayment terms is crucial because...
Size Is Critical!
Business Loan Calculator
Use our Business Loan Calculator to calculate loan amount.
Let’s Talk Funding
Contact us for any questions or inquiries — we’ve got you covered!