Fixed-rate financing from $25K to $500K. Predictable payments, competitive rates, and funding for your biggest growth initiatives.
A business term loan is a traditional loan where you receive a lump sum upfront and repay it over a fixed period (1-5 years) with regular monthly or weekly payments.
Unlike a line of credit where you draw funds as needed, a term loan provides all the capital at once — making it ideal for specific, larger purchases or investments. You'll know exactly what you owe each month, making budgeting simple.
Perfect For:
💡 Example:
A $100,000 term loan at 12% APR over 3 years = ~$3,321/month. Total repayment: $119,556. You'll receive the full $100K upfront and know your exact payment every month.
We Work With 50+ Lenders
Don't meet every requirement above? No problem. We have partners with flexible criteria — including options for startups, lower credit scores, and alternative documentation.
Check Your Eligibility — FreeFill out our 5-minute application and upload your documents. We'll do a soft credit check that won't hurt your score.
We'll shop your application to our network and present your best options within 24-48 hours.
Choose your preferred offer, sign documents electronically, and receive funds in your account within 3-7 days.
⚡ No credit impact to pre-qualify | Funding in as little as 3 days
Almost anything business-related: equipment, inventory, expansion, hiring, marketing, refinancing debt, or working capital. Most lenders don't restrict how you use the funds as long as it's for business purposes.
Term loans are faster (3-7 days vs. 30-90 days) and have less paperwork, but typically higher rates (8-30% vs. 6-13%). SBA loans are government-backed with longer terms and lower rates, but require more documentation and time.
It depends on the lender and loan amount. Unsecured term loans (no collateral) are available up to $250K for qualified borrowers. Larger loans ($250K+) often require collateral or may have better rates if secured.
Most lenders allow early payoff, though some charge prepayment penalties (typically 1-3% of the remaining balance). We'll disclose any prepayment fees upfront so there are no surprises.
Seasonal businesses can still qualify! We work with lenders who understand revenue fluctuations. You may need to show 2-3 years of tax returns to demonstrate your annual revenue patterns.
It depends on the loan amount, APR, and term length. For example: $100K at 12% APR over 3 years = ~$3,321/month. We'll show you exact payment amounts for each offer before you commit.