Business Lines of Credit to $1,500,000

We can get you the funding your business needs!

DOES YOUR BUSINESS NEED FUNDS? PAYROLL? WORKING CAPITAL? EXPANDING?

Business Lines 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, Angle Business Services has your back. Our Line of Credit quickly puts up to $1,500,000 at your fingertips. 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!

Line of Credit Advantages

Loan amounts are available from $25,000 to $1,500,000 with repayment terms up to 36 months.
 
Lock in your best rate for the next 6 months with a minimum first draft of only $10,000.
 
Use the funds as needed and make low, fixed weekly payments. Our line of credit is a business loan not a cash advance, so repayment is not tied to your daily credit card receipts.
 
Quick online approvals and fundings in less than a week. Line drafts are normally processed in 24 hours.
 
Combine our Business Line of Credit with our Flex Pay Loan and you can defer up to 50% of the principal into the future for more affordable payments now, and pay it back when the time is right.
 
The interest you pay is tax deductible, further lowering your cost of funds, and early payoff options are available.

Common Uses for our Line of Credit

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.:
 
Purchase new equipment * Stock up on inventory * Expansion projects * Renovations and remodels * Opening another location * Paying for franchise obligations* Obtaining a liquor license * Buying out a business partner * Adding take-out and catering services * Adding an outdoor patio * Upgrading your POS system * Paying your business taxes * Cash flow stabilization or seasonality * Paying off/consolidating more expensive debt

UNDERWRITING GUIDELINES

Expanded Portfolio:

Preferred Industries:

APPROVED INDUSTRY TYPES (B2C – PREFERRED)

APPROVED INDUSTRY TYPES (B2B – EXPANDED PORTFOLIO)

Restricted Business Types

FUNDING WE OFFER INCLUDES:

Secured and un-secured credit lines

Merchant cash advances

Revenue financing

SBA Loans

Business credit cards

Account receivable factoring

Purchase order and inventory financing

Equipment leasing and financing

401k & securities loans

And more…