Business Term Loans

One lump sum. A fixed plan to pay it back.

A term loan gives you the full amount up front with a set repayment schedule, so you know exactly what you owe and when. It fits planned investments with a clear return, such as expansion, a new location, or a large order.

$5K–$10MLoan amounts
3 mo–10 yrsTerms
1–3 daysTypical speed

Business Term Loans may be right if…

  • You have a specific, one-time use for the funds
  • You prefer predictable, fixed payments
  • You have been in business at least a year
  • Your credit is fair or better

What clients use it for

  • Opening a new location
  • Renovations and build-outs
  • Hiring ahead of growth
  • Large inventory or contract orders
  • Paying off higher-cost debt

Business Term Loans, by the numbers.

A lump sum of capital borrowed from a lender that is repaid over a fixed period with regular payments.

Max Funding Amount
$5k – $10M
Funding Term
3 Months – 10 Years
APR / Factor Rates
Starting at 1–4% Monthly
Speed
1–3 Business Days
Credit Score
550+
Time in Business
1 Year+
Repayment Term
Daily, Weekly, Monthly
Pros
  • Fixed monthly payments
  • Longer loan terms
  • Less than perfect credit accepted
  • Use for a variety of business purposes
Cons
  • Possible prepayment penalties
  • Could require more years in business
  • More requirements than most short-term loans
  • Same payment even when business is slow

Figures shown are typical ranges and may vary. All products subject to approval and underwriting. *Varies by lender.

From application to funding
in four steps.

Step 01
Apply

Send the short form below or call us. It takes a few minutes and starts with a soft credit pull where applicable.

Step 02
Review

We review your business and match it with the lenders and programs most likely to fit.

Step 03
Compare

You get side-by-side options with rate, term, payment, and total cost explained in plain English.

Step 04
Fund

Choose the offer that fits, sign, and receive funds, often within days of approval.

What you’ll need to apply

  • One-page application
  • Last 3–6 months of business bank statements
  • Driver's license for each owner
  • Voided business check
  • Most recent business tax return for larger amounts

Frequently asked questions

Can I pay a term loan off early?

Many term loans allow it, and some offer a discount for paying early. Some have prepayment penalties. We point those out in every offer.

What credit score do I need?

Programs start around 550. Stronger credit and longer time in business generally mean lower rates and longer terms.

Let’s talk about
business term loans.

Tell us a little about the business and what you need. We’ll respond within one business day with next steps.