Commercial banks offer what you're seeking. In our local scene when one of our cash-flow+ portfolio companies is seeking further capital for expansion, often de

Commercial banks offer what you're seeking. In our local scene when one of our cash-flow+ portfolio companies is seeking further capital for expansion, often debt is a better (cheaper) option than taking on VC investment (if they're CF+ they shouldn't be seeking angel terms!). We've actually had a big bank actively trying to sell such debt. If you're CF+ and need capital, talk to your bank.