How to Finance a Family-Owned Business

At ARF Financial we love financing family-owned businesses.

We recognize the hard work that has gone into creating a company that was once just a dream, and we enjoy helping families grow their small businesses to the next level.

cafe shop owners

Reasons for a Family Owned Business to Obtain Financing:

There are many reasons why you might take out a working capital loan or line of credit for your family owned business and we’re here to help you figure out the best type of financing for your situation.

Here are just a few of the ways our current clients are using financing to grow:

  • Add a new location
  • Start and/or finish renovations
  • Purchase new inventory or equipment
  • Complete an expansion project
  • Buy a food truck
  • Add a wine cooler … etc.

You can read some of our small business success stories and learn more about our current offers here.

How to Obtain a Business Loan From ARF Financial:

small business financing

If  you’re ready to start the quick and simple process of obtaining a bank loan for your family owned business through ARF Financial, here’s a list of what you need to know:

  • We finance business owners with a FICO score of 551 or higher
  • Your business must have minimum annual sales of $100,000 ($8,333/month)+
  • We’ll want to see your last 3 months of bank statements and one current credit card statement
  • You’ll need to provide proof of time in business (must be open at least one month)

If you meet the above requirements, we can:

  • Approve you for a business loan between $5,000 and $1,000,000
  • Provide financing within 7 to 10 days of submitted application
  • Give you flexible terms up to 18 months
  • Allow you to pay off your loan early without any penalties
  • Fund you without any need for collateral on business loans up to $725,000

You can learn more about getting approved for an FDIC-insured small business loan through us, or you can contact us today to speak with a rep. We look forward to talking with you!

Would you like to explore financing options to help grow your business? ARF Financial is a lender you can trust. We have a quick and simple funding process. Click here to apply now.