How do I get a Restaurant Business Loans if I am in Bethlehem, WV

Business owner smiling outside of her restaurant

If you’ve tried to obtain the loan through your bank but they either refused to grant you the loan or the options they offered weren’t the best fit for you however, you’re still left with other options in Bethlehem, WV!

Restaurant business funding choices are available in the area of Bethlehem, West Virginia

Line of Credit

A business that has been approved by the government is extended an open line of credit from a brick and mortar institution or an alternative lender. The typical credit line is a spending amount that has to be paid back either at a regular interval or once a year before a business can obtain additional credit. This option is beneficial for two reasons:

  • It gives business owners working finance when they’re required and the flexibility to decide the amount they’ll need
  • It assists business owners in improving their business credit score

Use for managing cash flow to purchase more inventory or to pay for unexpected expenses.

Use a revolving credit line, which provides access to funds when you require it.


Cosy table at restaurant against the bar rack

Term Loan

You can use it for investing in your company, for example purchase of large quantities or projects for expansion.

Receive the funds you require in advance at a low cost, with the option to apply for additional funding if you need to. It’s a good option for you if there is a flexible timeframe of your project or you start searching for funding ahead of time of when you’ll need cash in your bank.


View of empty outdoor restaurant on the beach.

SBA (Small Business Administration) Loan

A Small Business Administration, or SBA, loan is a loan of funds from The U.S. Small Business Administration

SBA loans typically require applicants to put down significant amounts of collateral, either business or personal, to secure the loan to show their personal investment in the venture. SBA loans also come with lengthy applications that may run for months or weeks, requiring applicants to submit year-long financial statements and produce receipts for each major purchase they have made in the span of many years. SBA loans might be an ideal choice if your project has a flexible timeline and you don’t need cash in hand immediately. SBA loans also offer flexibility in the amount of funding available. Many SBA-approved lenders offer loans up to $5.5 million, The maximum permitted to be granted by SBA.

Restaurant Business Loan Calculator in Bethlehem, WV

Calculator Disclaimer:

These calculators are intended to serve as an aid and are not meant to replace user-defined parameters. The default numbers are not guaranteed and may not be appropriate for your specific circumstance. Before you make a decision based on these figures seek advice from an expert in financial matters.


If you would like a quote or you just want know what other options you have in Bethlehem, WV, please fill the form below:



The operator of this website is not a lender that makes no loans or offers, and doesn’t broker online loans to lending partners or lenders. Customers who arrive at will be connected to a lender or a lending party, and is redirected to lenders or lending partners that offer commercial loan products.