How to obtain a Restaurant Business Loans if I am in Upper Darby, PA

Business owner looking happy outside her restaurant

If you’ve attempted to obtain one loan from your bank but the bank refused to give you a loan or the alternatives they suggested weren’t exactly what you needed however, you’re still left with other options in Upper Darby, PA!

Restaurant business funding options available in the area of Upper Darby, Pennsylvania

Line of Credit

An approved business owner is granted a loan of credit from a bricks-and-mortar bank or alternative lender. The standard is a monthly or annual spending limit, which must be paid either per month or annually prior to when a business is able to draw additional credit. This choice is beneficial due to two reasons:

  • It allows business owners to work funds when they’re in need and the flexibility to decide what they will need.
  • It assists business owners in improving their credit score for business.

Utilized to manage cash flow to buy more inventory, or to pay for unexpected expenses.

Benefit from a revolving credit line, which gives you access cash at the time you require it.


A cozy table at restaurant against the bar rack

Term Loan

Make investments for your company, for example acquisitions or expansion projects.

Get the funds you need quickly and at affordable rates and the possibility of applying to borrow more in the event of need. This could be a great option for you if you have a flexible timeline in your project, or you start looking for funding long before when you’ll need money in your bank.


View of an empty outdoor restaurant on the seashore.

SBA (Small Business Administration) Loan

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

SBA loans typically require applicants to place down large amounts of personal or business collateral to back the loan for proof of their personal involvement in the venture. SBA loans also have lengthy application processes that can run for weeks or even months in order to require applicants submit an annual financial statement and submit receipts for every large purchase the business completed over several years. SBA loans might be a fit for you in the event that your venture has a flexible timeline and you don’t need cash in hand immediately. SBA loans also offer flexibility in regards to the amount of funds available. The majority of SBA-approved lenders can issue loans that range from $5.5 million. This is the highest amount allowed in the SBA.

Restaurant Business Loan Calculator in Upper Darby, PA

Calculator Disclaimer:

These calculators are designed to function as an aid , and not to replace the user-defined parameters. The default values are hypothetical and might have no relevance to your specific circumstance. Before you trust the data, seek the advice of an expert in financial matters.


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



The owner of this site is NOT an actual lender however, it does not make proposals for loans, nor does not provide online loans to lending partners or lenders. Customers who arrive at will be paired with a lender or a lending partner, and redirected only to lenders or lending partners that offer small-business loan products.