Term Loan
A fixed sum for a decision you have already made.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
Financing
Term Loan
A fixed sum for a decision you have already made.
- Loan amount
- $20K – $1M
- Funding speed
- Within 24 hours
- Loan term
- 1–2 years
- Interest rate
- As low as 6%
Term loan
What term loan actually is
A term loan hands you an agreed amount in one go and charges a fixed rate across a fixed period, so the total cost is settled before you sign and the payment never moves afterwards.
It is the right shape for something substantial and planned: fitting out a second site, replacing a delivery vehicle, taking on staff ahead of a season, buying stock for a contract that will pay across the year.
What it suits
What it suits
- Planned, one-off spending
- Businesses that want a payment they can budget around
- Fixed rate for the whole term
- No restriction on what it funds
The application
Get your no-cost quote
About two minutes, no application fee, and no effect on your credit. If nothing suits you, nothing happens.
Rather talk to somebody first? (866) 207-0572.
Six ways to fund the work
This one, and the five beside it
Short Term Business Loan
A year or less, for something with an end in sight.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
For the kit the work depends on.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
For payroll, stock and the wait to be paid.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
A limit that waits until you need it.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Revenue-Based Funding
Decided on your takings, not your credit score.
- Funding amount
- $5K – $500K
- Funding speed
- 24–48 hours
