Business Term Loan

Traditional working capital with fixed rates and predictable payments. Borrow $25,000 to $5,000,000 with terms from 6 months to 5 years. Best for established businesses with strong financials.

  • Fixed interest rates — no payment surprises
  • Loan amounts from $25K up to $5M
  • Terms from 6 to 60 months
  • No prepayment penalties on most programs
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Business term loan agreement

Term Loan Details

A straightforward lump-sum loan with fixed monthly payments. Ideal for expansion, acquisitions, or major investments.

How It Works

You receive the full loan amount upfront and repay it in equal monthly installments over the agreed term. Interest is calculated at a fixed rate, so your payment never changes. Great for budgeting and long-term planning.

Typical Requirements

Most lenders prefer 2+ years in business, $15,000+ monthly revenue, and a credit score of 650+. Bank statements, tax returns, and a profit & loss statement are usually required for loans above $150K.

Common Uses

Business acquisition, real estate purchase, major renovations, debt consolidation, large inventory orders, hiring and training, franchise purchases, and working capital for expansion.

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