Business Line of Credit
Only Pay for What You Borrow
You’ve got big plans to grow your business, but all you’re missing is the capital to make it happen. Whether it’s an expansion project, renovations, some new equipment, or another location, ARF Financial has your back. Our Line of Credit quickly puts up to $750,000 at your fingertips – collateral free. Use the funds as needed and only pay for what you borrow. The initial line can be approved in 24 to 48 hours, with 24-hour access to 5 separate loan drafts over the next 6 months.
Even without an immediate need, business owners are establishing lines of credit now. Being prepared is smart. Business owners know opportunities and/or issues can arise quickly and having committed working capital at the ready allows them to be prepared for the unexpected!
What is a Business Line of Credit?
A line of credit is an approved amount of committed working capital extended to restaurant and small business owners allowing them to draw upon when the need arises. This type of restaurant financing allows merchants to pull funds from their line as needed and only pay interest on the money they take. Restaurant owners have 24-hour access to 5 separate loan drafts over a 6 month period. You can even request funds online!
Size Matters!
Big projects usually mean big upfront investments, something you can’t get from a merchant cash advance. If you’re ready to take the plunge and go BIG this year, we have financing that’s the perfect fit. You can now borrow up to $1,000,000 with terms up to 36 months to fund your big projects while keeping your costs low. Our average loan size is over six times larger and repayment terms are more than three times longer than a Merchant Cash Advance. Larger loan amounts mean you can invest in growth opportunities that will make a significant impact to your bottom line, and longer terms mean your payments are manageable and won’t interfere with your cash flow! Check out the comparison below:
Client Rewards up to $10,000!
For a limited time, we’re going big and rewarding our clients with up to $10,000 cash back. The more you borrow the bigger the reward. For every $100,000 you borrow, we have a $1,000 Amex Gift Card just for you!*
*Receipt of the Amex Gift Card(s) promotion is conditional based upon the following: Merchant’s approval under ARF Financial’s standard underwriting models and policies, merchant’s acceptance of an approved loan amount, rate and term; and merchant borrowing a minimum of $100,000 within 30 days of completed application to receive a $1,000 gift card, plus another $1,000 gift card for every additional $100,000 borrowed up to a maximum of $10,000 in gift cards. This offer is not guaranteed unless application is made by merchant, and merchant borrows in accordance with the guidelines provided herein. Merchants with active loans are excluded. Former merchants must be paid off 120 days or more to qualify. One promotion per guarantor only. ARF Financial reserves the right to terminate the offer at any time.
Line of Credit Advantages
Fast & Convenient
Each line of credit draft you take has it’s own fixed weekly payment, allowing you to confidently budget as you access your funds over time.
Low, Fixed Payments
Get approved for an ARF Line of Credit and enjoy 24-hour access to loan amounts from $5,000 to $750,000. It’s quick, easy and low doc.
Unsecured Terms
Being prepared has never been easier with no need for collateral, minimum bank balances or typical mandatory annual paydown requirements.
Keeps You in Control
With our Line of Credit you’re in charge! Take one draft or all five. Consolidate your payments into one, refinance and up your availability, or extend the line after six months.
Common Uses for our Line of Credit
At ARF Financial, we understand how quickly the business landscape can change, especially for the restaurant industry. As such, our line of credit can be a powerful tool for restaurant and small business owners to finance a wide variety of growth opportunities and/or unexpected expenses. Having access to committed working capital allows them to be ready for anything. There are many reasons a restaurateur or small business owner might need a line of credit, here are just a few.:
How To Apply For A Business Line of Credit
If you’re a restaurant or small business owner looking for a line of credit with low rates, fixed terms, affordable payments, and no collateral requirements, simply complete our online application today. The application is simple, has 4 prequalification questions, 5 easy steps and no hard credit pulls so your credit won’t be affected. We also employ a team of seasoned loan consultants in major metropolitan cities across the nation who are knowledgeable about your specific market and will work with you throughout the process.
Customer Reviews
Minimum Qualifications
Industry Type
We lend to more than just restaurants. Over the years we’ve expanded our approved industry types. Click here to see the full list of industries.
Credit Score
Even with less than perfect credit, we can get you approved for an unsecured line of credit. An Equifax credit score of only 551 is required.
Time in Business
Applicant must own the business. The business must be open and operating under the same ownership for at least one month (30 days).
Annual Sales
Your business must generate a minimum of $17,000 per month in sales ($200,000 annually) from both credit card and cash.
Use our Loan Calculator to determine the potential loan amount you may qualify for. Move the sliders below to indicate your business’s annual sales, time in business, your credit score, whether you own a home, and if you’ve declared bankruptcy and the calculator will serve up your potential loan amount based on 12, 18, 24 and 36-month terms!
| Term | Loan Amount |
|---|---|
| 12 month | |
| 18 month | |
| 24 month | |
| 36 month |
Loan amounts may be increased with the review of tax returns and financials. Time in Business – Must be operating under the same ownership and concept. Homeownership – Home must be in your name. Bankruptcy – Includes personal and business bankruptcy
Request a Custom Proposal
Our Unique Loan Products
BANKROLL – Revolving Line of Credit
Your business is always evolving. Wouldn’t it be great to have a financial product flexible enough to evolve with it? Now you do! Our new Revolving Line of Credit – BANKROLL, provides the MAX loan approval, a fixed loan term up to 36 months, and a fixed weekly payment – plus the flexibility to pay down or draw additional funds on an unlimited basis!
Interest-Only Flex Pay Loan
We believe growing your business shouldn’t mean sacrificing your cash flow, and with ARF’s new Interest-Only Flex Pay Loan it doesn’t. It now allows you to quickly access from $50,000 to $750,000 without collateral and low, interest-only payments for up to 1 year. And now, it also carries an optional Line of Credit with unlimited draws for up to a year!
Unsecured Lines of Credit
With a Line of Credit from ARF Financial, when opportunity knocks, business conditions change or unexpected expenses arise, your clients will be ready. It gives them 24-hour access to 5 separate loan drafts over a 6-month period. They can draw funds as needed and only pay for what they take!
Flex Pay Loans
Many merchants simply don’t dream big because they believe they can’t afford to borrow the funds needed to make those dreams real. Our Flex Pay loan solves that problem! Flex Pay allows your clients to defer up to 50% of their loan principal into the future, resulting in the lowest payments now!
Quick & Easy Online Application
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