Financing Just for Pharmacy Owners

Pharmacy owners have unique needs to help them compete against big box giants crowding the industry. For this reason, ARF Financial has created financing options like our interest-only flex pay loans, working capital loans, lines of credit and bridge loans. These pharmacy financing loan products allow pharmacy owners to serve their markets and remain competitive. Since 2001, ARF Financial has funded over 17,000 loans for independent pharmacy owners who need capital to compete with big box entities. Throughout the pandemic, pharmacies have innovated to remain profitable, however, capital remains the key to overcoming short-term cash flow shortages to cover inventory or seizing long-term opportunities like adding a new location. Our pharmacy loans and lines of credit can provide you access to the right loan products, and we can do it fast, funding your business loan in as little as 5 days! When it comes to pharmacy financing, our team of personal financial consultants specialize in providing the trusted lending services you need to keep your business profitable and on track to achieve your long-term goals.

At ARF, our focus is to get you the working capital you need when you need it, all while providing seasoned guidance to help you maximize your return on investment. Confidently approach manufacturers for best volume pricing for your pharmacy when you have the capital needed to make it happen.

We’re devoted to sticking by your side for the long haul, ensuring you can capitalize on new business opportunities as they develop. Here are some valuable options to put our pharmacy financing to work in your business:

Open a new location

Storefront improvements

Investing in new technology

Purchasing additional inventory

Investing in new marketing initiatives

Buy out a business partner

The Difference is Insight

It Pays To Be Prepared

Pharmacy owners know their big box competitors are prepared for any eventuality so they too need need fast access to working capital as new opportunities and/or issues arise. ARF Financial will help you be ready for the unexpected  with our loans or line of credit from $5K to $450K to use for any business situation. With a line of credit, you only pay for what you use and it is tax deductible so you can comfortably borrow what you need exactly when you need it.

Renovate Or Remodel

Any pharmacy owner knows how long a traditional bank can take to process a business loan. And the cost of that loan makes it prohibitive to keep up with much needed remodels or renovations. Our Flex Pay Loan allows you to borrow now, grow now, and pay later! Flex pay allows you to defer up to 50% of your principal into the future for the lowest payments now! And, all our loans come with fixed rates, transparent terms, and no need for collateral. With ARF Financial, you’ll be able to capitalize on growth opportunities now and pay back your loan when you’re ready.

How to Qualify for Pharmacy Financing

  • Credit Score – Do you have a credit score of 551 or higher? Then you may qualify for our pharmacy financing! Our local loan consultants can you walk you through the tiers you qualify for with a real time quote that will show your financing options for your pharmacy.
  • Time in Business – Have you been in business for 12 months or longer? While we do focus on existing businesses, 12 months operations is sufficient to determine what financing your pharmacy qualifies for. We do not finance startup pharmacies.
  • Bank Statements – We do ask for bank statements to determine your cash flow and overall health of your pharmacy. We do this by reviewing your business checking account.
  • Annual Sales – Do you have annual sales of $100,000 or higher? This is a crucial factor in determining if you qualify and how much pharmacy financing you qualify for.
  • Debt to credit ratio – The ARF Financial pharmacy financing requires an examination of your debt to credit ratio to qualify for our loans and lines of credit. If your pharmacy is carrying too much debt, we will regularly offer to pay off competitor loans if your business qualifies. Maximum 2 competitors.

If you are a pharmacy owner looking for financing options such as a working capital loan or even a line of credit with guaranteed rates, fixed terms and affordable payments, simply begin your online quote today. We have local loan consultants who are knowledgeable about your specific market and will work side by side with you throughout the process. Our online quote is free and there are no hard credit pulls so your credit will not be affected.

Types of Pharmacy Financing

ARF Financial gives pharmacy owners the opportunity to choose from many business financing options that best fit their business needs based on their business model, operations and cash flow constraints. With many different types of loans and lines of credit, our local loan consultants will help you determine which will meet you business needs while saving you the most money for your business.

Working Capital For Your Pharmacy

Your pharmacy needs consistent working capital. This has held true for every pharmacy owners we have ever spoken to since 2001. Working capital loans help pharmacies finance their every day business operations with no hidden fees and no payment surprises of a merchant cash advance. Our working capital loans help pharmacies by having fixed terms so your payments will never fluctuate and the interest is tax deductible so your loan costs even less in the long term.

Line of Credit for Your Pharmacy

A line of credit is an approved loan extended to pharmacies which allows them to draw upon when the need arises. This type of pharmacy financing allows pharmacy owners to pull funds from their line of credit as needed and only pay interest on the money they take. Pharmacy owners have 24-hour access to 5 separate loan drafts over a 6 month period. Funds can also be requested online! Pharmacy owners know that business conditions can change quickly. Unexpected issues arise. Windows of opportunity open.  Thousands of pharmacy owners have learned that with a business line of credit from ARF Financial, they are prepared for anything.

Pharmacy Flex Pay Loans

These are perfect pharmacy loans because they help you borrow now and pay later. Simply put, you can borrow what you need now, renovate your pharmacy now and you won’t have to make payments until you are operational again later!  It allows you to defer up to 50% of your loan’s principal into the future for more affordable payments now, and have the flexibility to pay it back when the time is right. This maximizes your cash flow while providing you the capital you need now! Further repayment flexibility allows you to amortize the deferred principal over time, roll it into the future, or simply refinance it. Also, ask us about our Interest-Only Flex Pay Loan for pharmacies!

Funding your Pharmacy with a Bridge Loan

Opportunities are plentiful right now for pharmacies. If you are experiencing strong growth but your bank is struggling to keep up with your funding needs, we have a solution.  ARF has a loan product that provides ‘bridge’ or ‘gap’ financing so you can proceed with your growth plans while you work with your bank to secure traditional funding sources such as an SBA loan. A Bridge Loan is a financial product that functions as a short-term amortizing loan to support projects or investments that are expected to generate returns. Small businesses like independent pharmacies, particularly in their early phases, frequently see the chance for extreme growth, but often on the other side of a financial hurdle. Bridge Loans are an ideal financial solution to open the door to new opportunities.

SBA Loans for Pharmacies

These loans are notoriously difficult to get approved. And if they are approved, they take three to four months of application process before a final approval is issued and the loan then funded. ARF Financial can you approved for pharmacy financing in 24-48 hours and your loan can fund in 3-5 days. If you are in the process for SBA loans and urgently need to take advantage of a business opportunity, our Bride Loans are perfect to help you capitalize on growth opportunities while waiting on your SBA approval.

Merchant Cash Advance

ARF Financial is not a cash advance company. We offer real bank loans with low, fixed terms for those who qualify with the only difference being we can fund our loans much faster than a traditional bank. While cash advances help pharmacy owners with quick cash, this alternative form of financing has a different loan structure which is expensive with payments based on the pharmacy’s daily credit card receipts. This means, if the pharmacy’s sales increases then the daily payment to the merchant cash advance company also increases escalating the interest rate while ensuring the cash advance company is paid sooner. Unlike a cash advance, pharmacy financing from ARF Financial allows a business owner to keep the additional profit generated from their hard work!

 

If you are a pharmacy owner looking for financing for your business, we can help you get a business loan fast without collateral and with limited paperwork. That means the interest is tax deductible, rates are fixed, and you know the terms ahead of time. Our pharmacy owners get the financing they need, with manageable payments that won’t increase as revenue grows. Contact our local loan consultants or apply below to get started now.

Our Partnerships & Offers

ARF Financial has secured exclusive relationships with banks across the country, so we can help you obtain the financing you need to keep your business moving forward. Unlike other lenders, we go even further to ensure your business’ profitability over time with no-cost value add-ons for our cherished clients.

Pharmacy Owners can get a
$1,000 Amex Gift Card Reward

New client relationships are important to us and we want to reward you. For a limited time, pharmacy owners who borrow $50,000 or more will receive an Amex Gift Card up to $1,000* after their loan funds. As usual, no collateral is required for any of our business loans. Find out how much you qualify for in 5 easy steps. It’s free and won’t affect your credit.

*Receipt of the Amex Gift Card 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 $50,000 within 30 days of merchant’s completed application to receive a $1,000 gift card.This offer is not guaranteed unless application is made by merchant, merchant borrows in accordance with the guidelines provided herein. Merchants with active loans are excluded. Former merchants must be paid off 30 days or more to qualify. One card per guarantor only. ARF Financial reserves the right to terminate the offer at any time.

Use our Pharmacy Loan Calculator to Find Out How Much You Qualify For:

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!

Annual Sales
Time in Business
FICO Score
Please select an option
Please select an option
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.

TERMS AND CONDITIONS

ARF Financial LLC is an exclusive third party originator and servicer of commercial loans for state charted community banks throughout the United States (“Partner Banks”), (collectively herein referred to as “Lender”). This Preliminary Loan Amount is based upon pre-underwriting standards consistent with Lender’s guidelines. This Preliminary Loan Amount is based upon the information provided by the Merchant in the Loan Calculator. This approval is contingent upon the accuracy and truthfulness of the information provided by the Merchant therein and on any additional information discovered by Lender during the Underwriting process including but not limited to the review of all financial information provided by the Merchant, the personal credit of any guarantor and/or any information available from the public domain relating to the business’ or the guarantor’s outstanding liens and judgments, collection issues, history of fraud, bankruptcy, or criminal activity; the status of the Merchant’s business entity with the State where they are located; or any other information that may reflect on the business or guarantor’s ability to repay this loan. The terms of this Preliminary Loan Amount may change based upon the review of all information noted above. The terms of this Preliminary Loan Amount (noted above or if modified during the Underwriting process) are not deemed approved until the Merchant agrees to and executes all necessary Loan documents and the Loan documents are countersigned and approved by an Officer of Lender. If Merchant executed no Universal Merchant Credit Application then this Preliminary Loan Amount is for discussion purposes only.

Receive an immediate quote and approval for funds in 24 to 48 hours when you apply online!

It’s quick and won’t affect your credit!

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