Loan Amount
Up to $600,000
Time to Fund
As Soon As 24 Hours
Loan Terms
Up to 7 Years
Interest Rate
Varies
Term loans
A business term loan is a stable, flexible way to get more working capital, grow your business, and build your credit. This is a simple small business financing solution that can help you achieve your goals.
A business term loan is a great option for businesses that need a short-term infusion of cash. The interest rate can be fixed or variable, and tends to be lower than the rates for other types of financing. This makes it a great option for businesses that need to borrow money quickly but don't want to pay high interest rates.
The Benefits Of Term Loans
A term loan can be a good option for businesses that need to purchase new assets or equipment. The opportunity to grow your operations and the revenue you earn will help you pay back the loan.
Term loans are a great option for businesses that need short-term financing. They offer low rates and flexible repayment terms, which can make it easier for your business to get the money it needs without becoming too burdened.
A term loan can be a great way to build your small business credit. By making your payments on time, you can show lenders that you are a responsible borrower and increase your chances of being approved for future loans.
Minimum Qualifications for Term Loans
Credit Score
550+
Time in Business
2+ Years
Monthly Revenue
$10,000+