01
Fixed Interest Rates
Lock in your rate at the start. No surprises as market rates change.
Business Term Loans
Fixed-term financing with predictable monthly payments for larger investments, expansion projects, acquisitions, and long-term business growth. Get one lump sum upfront and repay it on a schedule you can plan around.
- Loan amounts from $50,000 to $5,000,000
- Fixed payments over 1 to 5 years
- Approval in hours, not weeks
What You Need to Qualify
$30,000+
Minimum Monthly Revenue
6+ months
Established Business History
How much funding do you need?
Drag the slider or type an amount
$
$20K$5M
Only Takes 30 Seconds
Applying is free and won't impact your credit score
From Application to Lump Sum Funding
01
Tell Us About the Investment
Share your business details and what the capital is for, whether that is expansion, equipment, an acquisition, or refinancing.
02
Compare Your Offers
See the loan amount, rate, term, and fixed monthly payment for each option so you know the total cost before you commit.
03
Choose Your Term
Pick a term from 1 to 5 years. Longer terms lower your monthly payment, while shorter terms reduce total interest.
04
Receive Your Lump Sum
The full loan amount is deposited into your business account at once, ready for the project you planned.
Built for Businesses Ready to Scale
What Is a Business Term Loan?
A business term loan gives you a single lump sum of capital that you repay, with interest, through fixed payments over a set period.
Here is how it works: you borrow a specific amount for a specific purpose, such as opening a new location or buying another business. The rate and term are set when you sign, so your payment stays the same from the first month to the last. Because you know the full schedule upfront, a term loan is one of the easiest forms of financing to budget around for major, long-term investments.
Business Term Loan Specifications
Term loans are priced with an annual interest rate and repaid on a fixed schedule. Your rate and term depend on your revenue, time in business, credit profile, and the size of the loan.
Many of our term loans have no prepayment penalties. We disclose all terms before you sign anything.
- Loan Amounts
- $50,000 to $5,000,000
- Rates
- 6% to 25% APR
- Terms
- 1 to 5 years
- Speed
- 1 to 3 days
Businesses That Use Term Loans to Grow
Term loans fit businesses with a clear, sizable investment in mind and steady revenue to support a fixed monthly payment.
- RestaurantsOpen a second location, complete a major renovation, or acquire a competitor with fixed payments that are easy to budget.
- Medical PracticesExpand into a new office, add service lines, or bring on providers with financing spread across several years.
- Dental PracticesFund a practice buildout, an acquisition, or a large technology upgrade with one predictable monthly payment.
- Manufacturing and DistributionFinance facility expansions and capacity increases that pay off over years, not weeks.
- Auto Repair ShopsAdd service bays, open another shop, or refinance existing debt into a single fixed payment.
- Fitness Centers and GymsBuild out a new studio or renovate your facility with capital repaid on a set schedule.
How Credit Scores Factor Into Term Loan Approvals
Because term loans involve larger amounts over longer periods, lenders look at the whole picture: your revenue, time in business, and credit history together.
- Consistent monthly revenue supports a fixed payment
- Time in business shows long-term stability
- Personal and business credit history affect your rate
- Existing debt obligations are reviewed alongside cash flow
Good news
You do not need perfect credit. Credit scores from 600+ can qualify when your business shows steady revenue and a solid operating history.
Stronger Credit Profile
Larger amounts, lower rates, longer terms
760Score
Fair Credit Profile
Smaller amounts or shorter terms, builds toward better future offers
502Score
Business Term Loans at a Glance
$50K-$5M
range of loan amounts available, sized for major investments rather than day-to-day operating expenses.
1-5 yrs
repayment terms that spread the cost of a large investment into manageable, fixed monthly payments.
1-3 days
typical time to funding once approved, far faster than the months a traditional bank loan can take.
Evaluating Business Term Loans
Pros
- Fixed payments make budgeting simple
- Larger amounts for major investments
- Longer terms keep monthly payments manageable
- Lower cost than most short-term financing
- On-time payments build business credit
- Know your total cost upfront
Cons
- Stronger revenue and credit requirements than short-term options
- Payments stay the same even when sales slow down
- Interest applies to the full amount from day one
- Less flexible than a line of credit for recurring needs
Term Loans vs Other Funding Options
| Loan Type | Max Amount | Rates | Speed |
|---|---|---|---|
| Business Term Loan | $50K to $5M | 6% to 25% APR | 1 to 3 days |
| Working Capital Loan | $25K to $5M | 1% to 4% monthly | 24 to 48 hours |
| Business Line of Credit | $25K to $5M | 1% to 3% monthly | 1 to 3 days |
| Equipment Financing | $10K to $5M | 3% to 10% APR | 3 to 10 days |
| Merchant Cash Advance | $10K to $5M | Factor 1.1 to 1.5 | Same day to 48 hrs |
Term Loan Qualification Requirements
- Monthly Revenue
- $20K+
- Credit Score
- 600+
- Time in Business
- 2+ years
Get Your Business Term Loan
Apply once and compare term loan offers side by side. Exact requirements depend on the loan amount and term.
Apply for a Term LoanStep 1: Submit Application
Provide basic business information, the amount you need, and how you plan to use it.
Step 2: Share Financial Documents
Upload recent business bank statements so we can verify your revenue and cash flow.
Step 3: Review and Accept
Receive your offer with clear terms showing the rate, term, fixed monthly payment, and total repayment.
Similar Funding Products
If a term loan is not the right fit, these alternatives might work better for your situation.
Term Loans by Industry
These industries commonly use term loans to fund expansion and major investments.
FAQs
Business Term Loan Questions
Business expansion, equipment purchases, acquisitions, refinancing existing debt, hiring, marketing investments, or any major business expense.
Term loans are larger amounts with longer repayment periods and fixed rates, designed for major investments. Working capital is shorter-term financing for operational needs.
A term loan provides a lump sum upfront with fixed payments over a set term. A line of credit lets you draw funds as needed and repay with more flexibility.
Typically 2+ years in business, $20K+ monthly revenue, and fair to good credit. Exact requirements depend on the loan amount and term.
We consider the whole picture: your revenue, time in business, and growth potential. Credit scores from 600+ can qualify.
Business term loans range from $50,000 to $5,000,000. The amount you qualify for depends mainly on your revenue, time in business, and credit profile.
Terms run from 1 to 5 years. A longer term lowers your monthly payment, while a shorter term reduces the total interest you pay.
Approvals can come in hours, and funding typically arrives within 1 to 3 days of approval, much faster than a traditional bank loan.
Many of our term loans have no prepayment penalties. We will disclose all terms before you sign anything.
No. Your rate is fixed when you sign, so your payment stays the same for the life of the loan.
Plan Your Next Big Move
Find out how much you qualify for and what your fixed monthly payment would be. Our team helps growing businesses secure term loans for major investments.
How much funding do you need?
Drag the slider or type an amount
$
$20K$5M
Only Takes 30 Seconds
Applying is free and won't impact your credit score