Do More with More
A working capital loan is designed to help restaurant and small business owners meet everyday operational needs. It provides fast funding without the lengthy process associated with traditional bank loans, offering a quick and straightforward approval process with minimal documentation.
These loans have fixed terms, ensuring predictable payments, and the interest is tax-deductible, making it more cost-effective. Ideal for businesses needing immediate cash flow, this option avoids the hidden fees or fluctuating payments that come with merchant cash advances.
Working Capital Advantages
Limited paperwork
Up to 36 months repayment terms
Fast approvals when you apply online, usually less than a week for funding
24-hour access to renewable line of credit
Interest for the payments are tax deductible, lowering overall cost of funds
No hard credit pulls so your credit score is not impacted
Payments stay fixed, even when your credit card sales increase.
The financing offered is a genuine bank loan, not a merchant cash advance
Less-than-perfect credit doesn’t have to stand in the way of getting approved
No Prepay Penalties
You have complete control over your loan. Pay it off in full or make partial principal paydowns anytime, without facing penalties, maintenance fees, or prepayment charges
Max Loan Approvals
The applicant must be the business owner, and the business must have been operating under the same ownership for at least 30 days
Draws and Paydowns
During your revolving period, you have the freedom to take unlimited draws or make unlimited partial principal paydowns of $5,000 or more.
Revolving Access
Each regular loan payment or partial principal paydown increases the available funds on your line of credit, giving you greater access to capital
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 |
A revolving line of credit operates similarly to a credit card, allowing businesses to draw from a predetermined credit limit for various purposes throughout a specified revolving period, typically lasting up to one year. During this time, a minimum loan balance of $5,000 must be maintained to keep the account active.
Business owners can access unlimited draws or make partial paydowns of $5,000 or more during the revolving period. Importantly, each weekly payment and partial paydown releases additional funds for future use.
Unlike credit cards, which often have variable payments, a revolving line of credit features fixed weekly payments based on the term selected at approval, which can extend up to 36 months.
When payments are made, those amounts become available for borrowing again. Many small businesses utilize revolving lines of credit to finance expansion efforts, invest in new equipment, manage cash flow challenges, or fund partner buyouts.
What is a business revolving line of credit?
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 Working Capital
Working capital
Acquiring a liquor license
Expansion plans
Franchise obligation payments
Renovations and remodeling the business
Bulk inventory purchasing
Equipment financing
Buyout a business partner
Upgrade POS systems
Pay outstanding business taxes
When selecting the right business lender, comparing loan amounts and repayment terms is crucial because...
Size Is Critical!
Annual Sales
Your business should have a minimum monthly sales revenue of $17,000 ($200,000 annually) from both credit card and cash transactions
Business Ownership
The applicant must be the business owner, and the business must have been operating under the same ownership for at least 30 days
Flexible Credit Score
You don't need perfect credit to qualify for Bankroll. Business owners with an Equifax Credit Score of 551 or higher are eligible
Wide Range of Industries
We support more than just restaurants! Over the years, we've broadened our list of approved industries. Click here to view the complete list
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!