Business Term Loans

Fixed payments over a predictable term

A lump sum of capital repaid over a fixed period with regular payments. From $5K to $10M with terms up to 10 years, funded in as little as 1-3 business days.

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Loan Specifications

Term loan at a glance

Loan Amount
$5K - $10M
Term Length
3 Mo - 10 Years
APR / Factor Rate
1 - 4% Monthly
Funding Speed
1 - 3 Days
Business days
Credit Score
550+
Less than perfect credit accepted
Time in Business
1+ Year
Repayment
Daily / Weekly / Monthly
Advantages & Considerations

Is a term loan right for you?

Advantages

  • +Fixed monthly payments make budgeting predictable
  • +Longer loan terms reduce monthly payment amounts
  • +Less than perfect credit scores accepted, starting at 550
  • +Use funds for a wide variety of business purposes

Considerations

  • -Possible prepayment penalties on some programs
  • -May require more years in business than alternative options
  • -More documentation required than short-term products
  • -Fixed payments remain the same even during slow periods
Process

How it works

01

Submit your application

Complete a brief application with your business details, funding needs, and financial history. Our team reviews every submission within 24 hours.

02

Get matched with the best term loan

We analyze your business profile to find the right term length, rate, and repayment structure. You receive a detailed offer within 24 hours.

03

Close and receive your funds

Once approved, we coordinate closing with the SBA-approved lender. Funds are deposited directly into your business account within the agreed timeline.

FAQ

Common questions

A business term loan provides a one-time lump sum of capital that you repay over a set period through regular fixed payments. Terms range from 3 months to 10 years depending on the amount, your credit profile, and how you plan to use the funds. It is one of the most straightforward forms of business financing.

Most term loan applications are reviewed within 24 hours. Once approved, funds are typically deposited within 1-3 business days. The exact timeline depends on the loan amount and documentation provided.

The minimum credit score for a business term loan is 550. While higher scores may qualify for lower rates and larger amounts, many businesses with imperfect credit can still receive competitive offers.

Early payoff policies vary by funding partner. Some programs offer discounts for early repayment, while others may include prepayment fees. We help you understand the specific terms before you commit to any offer.

Ready to grow your business with a term loan?

Apply for a business term loan today. Fixed payments, predictable terms, funded in 1-3 business days.

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What funding do you need?

Select your funding type to get started.