Fixed-rate loans with predictable monthly payments
A Term Loan provides your business with a lump sum of capital that you repay over a fixed period (the "term") with regular monthly payments. These loans typically have fixed interest rates, making budgeting predictable and straightforward. Terms range from 1 to 10 years depending on the loan amount and your business needs.
Term loans are ideal for businesses that need a significant amount of capital for specific purposes like expansion, equipment purchases, debt consolidation, or major business investments.
Businesses needing substantial capital for expansion, major purchases, debt consolidation, or long-term investments with predictable repayment schedules.
Open new locations, hire staff, enter new markets
Major equipment, machinery, or vehicle purchases
Consolidate high-interest debt into one payment
Purchase or improve commercial property
Large inventory purchases or seasonal stock
Long-term working capital needs
1. Apply: Submit application with financial documents and business information.
2. Review: Lender reviews your creditworthiness, revenue, and business history.
3. Approval: Get approved with your loan amount, interest rate, and term length.
4. Funding: Receive lump sum in your business bank account.
5. Repayment: Make fixed monthly payments over the agreed term until paid off.
Quick funding, faster repayment. Amounts: $10,000 - $250,000
Balanced approach. Amounts: $25,000 - $500,000
Lower monthly payments, major investments. Amounts: $100,000 - $5 million+