Business Term Loan
A term loan is a type of financing that offers a one-time payment that is reimbursed in periodic installments over a fixed duration, commonly referred to as the loan term.
Loan Amount
$10,000-$2,000,000
Loan Term
2-10 Years
Time to Fund
As Soon As 24 Hours
Interest Rate
As Low As 6%
What is a Business Loan Term?
A classic option is often favored for its reliability and familiarity, and the same is true for a business term loan. This type of loan provides stability and flexibility, allowing you to increase your working capital, expand your business, and build your credit. If you're looking for a straightforward financing solution for your small business, this is the way to go.
What are the Benefits?
Obtaining a substantial amount of funding that can be repaid over several years is achievable with a term loan. Compared to short-term loans, term loans have more favorable interest rates. Moreover, they often have a fixed or flat interest rate, making it easier for you to anticipate and budget your monthly payments.
Time in Business
2+ Years
Credit Score
680 or higher
Annual Revenue
At least $8,000