Business Term Loans

Medium and long-term financing for expansion, remodeling or consolidation.

What is a Term Loan?

It’s a loan with monthly payments and a defined term, ideal for:

✔ Expansion
✔ Remodeling
✔ Consolidation
✔ Equipment Purchase
✔ Marketing Investment
✔ Hiring

⭐ Advantages

🟢 Longer terms (1–5 years)
🟢 Monthly payments
🟢 Better rates than MCA
🟢 Faster approval than SBA

⭐ Requirements

• 1–2 years of operations
• Tax returns or bank statements
• 620+ credit score
• Financial statements

Frequently Asked Questions:

What can I use a term loan for?

Term Loans can be used for working capital, expansion, inventory purchases, equipment acquisition, debt consolidation, or other strategic business needs.

How do fixed payments work?

Payments remain the same throughout the loan term, making financial planning and cash flow control easier.

What terms and amounts are available?

Generally, the terms can range from 1 to 10 years, with amounts that vary according to the financial health of the business, income and purpose of the loan.

What other requirements are needed to qualify?

Typically, financial statements, credit history, business age, and ability to pay are evaluated. In many cases, the process is quick and flexible.

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Term Loans for Businesses