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Business Lines of Credit
Looking to grow your business but need flexible funding?
RENGVO offers a Business Line of Credit that provides up to $750,000, giving you the capital to turn your plans into reality. Whether you are expanding, renovating, upgrading equipment, or opening a new location, our quick and easy process puts funds at your fingertips. Get approved within 24 to 48 hours and access five separate loan drafts over the next six months—use only what you need, and pay interest solely on the amount borrowed.
What is a Business Line of Credit?
What is a Business Line of Credit?
A line of credit is a pre-approved amount of working capital extended specifically to restaurant and small business owners. It allows you to draw funds as needed, paying interest only on the borrowed amount. You can access your funds online and manage your cash flow with confidence.
Why Establish a Business Line of Credit?
Why Establish a Business Line of Credit?
Why Establish a Business Line of Credit?
Even if you don’t have an immediate need, setting up a line of credit is a smart move. Business owners know that opportunities and challenges can come unexpectedly. Having committed working capital ready ensures you're prepared for anything.
Key Benefits of Our Line of Credit
Common Uses for a RENGVO Business Line of Credit
Why Establish a Business Line of Credit?
Borrow from $5,000 to $750,000, with repayment terms up to 36 months
Lock in your best rate for 6 months with a minimum initial draw of just $10,000
Use the funds as needed and enjoy low, fixed weekly payments
Quick online approval and funding within less than a week; drafts processed in 24 hours
Combine with our Flex Pay Loan to defer up to 50% of the principal for more manageable payments
Tax-deductible interest and flexible early payoff options
Fast & Convenient
Each loan draft has a fixed weekly payment, making budgeting straightforward as you access funds over time.
Low, Fixed Payments
Enjoy quick approval for lines of credit ranging from $5,000 to $750,000 with a simple, low-document process.
Flexible Terms
No minimum bank balances or mandatory annual paydowns make it easier to stay prepared.
Control at Your Fingertips
Manage your line of credit freely—take one or all five drafts, consolidate payments, refinance, or extend your line after six months.
Common Uses for a RENGVO Business Line of Credit
Common Uses for a RENGVO Business Line of Credit
Common Uses for a RENGVO Business Line of Credit
Our flexible financing can support a wide range of business needs, especially in the restaurant industry, including:
Purchasing new equipment
Stocking inventory
Funding expansion projects
Renovations and remodels
Opening additional locations
Covering franchise obligations
Securing liquor licenses
Buying out partners
Adding take-out or catering services
Installing outdoor patios
Upgrading POS systems
Paying business taxes
Managing cash flow or seasonality
Consolidating or paying off higher-interest debt
How to Apply
Ready to access flexible, low-rate funding? Complete our straightforward online application today. It includes just four pre-qualification questions, five simple steps, and no hard credit pulls—your credit score remains unaffected. Our team of experienced loan consultants, based in major cities nationwide, will guide you through the process and tailor solutions to your market and needs.
Get started now and keep your business ready for anything with our Business Line of Credit!
Same Day Funding Available
Common Uses for a RENGVO Business Line of Credit
Common Uses for a RENGVO Business Line of Credit
Line of Credit
Unique Benefits
$750,000 Max Line of Credit
Approved Amount Based on Cash Flow
Same Day Funding Available
Only Pay for What You Use
Weekly/Monthly Payments
True Revolver; Each Payment Frees Up
Additional Available Funds
Qualifications
1 Year Time in Business
600+ FICO
$500,000 Annual Sales or $40,000
Deposited Monthly
Business Bank Account