How can I get a Restaurant Business Loans if I am in Wheeling, WV

Business owner smiles outside her restaurant

If you’ve attempted to get one loan at your bank, and or they were unwilling to give you the loan or their options were not what you need, you still have more options in Wheeling, WV!

Restaurant business funding alternatives are available within the state of Wheeling, West Virginia

Line of Credit

A business that has been approved by the government is granted a line of credit through a brick-andmortar bank or alternative lender. The typical credit line is a spending limit, and this must be paid out either every month or annually before the business can obtain additional credit. This is advantageous for two reasons:

  • It offers business owners working finance when they’re required as well as the flexibility to decide how much they’ll require
  • It helps business owners improve their business credit score

It is used to manage cash flow to purchase additional inventory or any other unexpected costs.

Get a revolving line of credit that allows you access to cash when you need it.


Cosy table in restaurant against an apron rack

Term Loan

Make investments for your business, such as major purchases or expansion projects.

The funds you require quickly and at affordable rates with the option of applying to get more when you need. This could be a beneficial option if you’re working with a flexible schedule for your project , or if you start searching for funding before the time you’ll need cash available.


View of an empty outdoor restaurant along the shoreline.

SBA (Small Business Administration) Loan

An 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 a significant amount of collateral, either business or personal, to fund the loan to prove their personal involvement in the venture. SBA loans also have long-winded application processes that can take weeks or even months and require applicants to file several years of financial statements and make receipts for each large purchase the business conducted over several years. SBA loans might be a fit for you depending on your company’s more flexible timeline and do not require capital in a hurry. SBA loans also offer flexibility in the amount of funds available. Many SBA approved lenders will make loans up to $5.5 million. This is the highest amount allowed through the SBA.

Restaurant Business Loan Calculator in Wheeling, WV

Calculator Disclaimer:

These calculators are designed as an aid but not to replace the user-defined parameters. The default values are speculative and could never be appropriate to the specific situation you are in. Before you take a stance on the figures , consult an expert in finance.


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



The website’s operator is not an actual lender nor does it make requests for loans, and does not broker loans online to lending partners or lenders. Visitors who visit are assigned to the lender or a lending company, and redirected only to lenders or lending partners who offer the business loan products.