Secure lump sum funding and repay what you borrowed over a flexible term.
Quick and easy application
Fast funding decisions
Finance $25,000 to $500,000
Terms from 6 months to 10 years
Fixed Repayments
Collateralized options available
Simple requirements for established businesses seeking term loans
Qualify for our loan programs with steady yearly revenue.
Established businesses are eligible for flexible long-term financing.
Stronger credit profiles can access larger funding amounts and longer terms.
A Term Loan is a traditional loan where a business borrows a lump sum of money and agrees to repay it over a fixed period with interest. The repayment schedule is usually set monthly, and the term can range from a few months to several years, depending on the loan agreement.
Term loans are typically used for significant investments, such as equipment, expansion, or working capital.
Purchase business assets
Grow your business
Fund daily operations
Flexible funding designed for your business growth
Complete our quick online application and get matched with offers fast.
Many of our top financing options are available with a 600+ FICO score.
Get matched with the best financing options and highest funding amounts!
Get funded quickly after approval.
Understanding the benefits and considerations of term loan financing
Term loans provide funding that is repaid over a set term, either short or long, depending on your business needs. Short-term loans are ideal for quick revenue-driving opportunities, while long-term financing suits larger, long-term projects. Some lenders may require collateral to secure the loan, which can lead to easier eligibility and potentially lower interest rates. However, unsecured loans—preferred by many businesses—often come with stricter requirements and higher rates.
Fixed monthly payments make budgeting easier.
Ideal for significant investments like equipment, expansion, or large projects.
Choose from short-term or long-term options depending on your needs.
If you provide collateral, you may qualify for lower rates.
You may need to risk assets, like property or equipment.
Higher credit scores and solid financials are often required.
Compared to other financing options, term loans may take longer to get approved and funded.
Even if business slows down, you still need to make fixed payments, which can be challenging for some businesses.
Ready to explore your term loan options?
Get Pre-Qualified NowSimple steps to get your term loan approved
To apply for a term loan, check eligibility, gather necessary documents (financials, tax returns, etc.), choose your loan amount and term, then submit your application. After approval, review and sign the loan agreement, and receive your funding. Repay according to the agreed terms.
Review requirements and ensure you qualify
Prepare financials, tax returns, and business docs
Select loan amount and repayment period
Complete and send your loan application
Discover Lending Intelligence—our perfect blend of fast delivery and exceptional customer care
With Our 5-star reviews, our business financing experts will work with you to solve your business challenges.
We use AI to streamline funding – get a quick decision and flexible loan options that fit your business.
Choose an offer that makes the most sense for you and your business. Compare offer terms and choose what works best.
Choose an offer that makes the most sense for you and your business. Compare offer terms and choose what works best.
Loans offered through our partners typically range from $25,000 to $500,000, with repayment terms of 1 to 5 years (and in some cases up to 10 years for well-qualified borrowers).
Interest rates generally start around 6–7%, depending on creditworthiness and lender criteria.
Eligibility usually requires a 600+ FICO, 1–2 years in business, and at least $100K in annual revenue.
Specific terms will be provided by the lender during the application process.
Three easy steps to get your term loan approved
Complete our streamlined application in minutes and upload your business documents with zero risk.
Check EligibilityCompare offers with expert guidance from our team and choose the best one for your needs.
Seize growth opportunities or tackle new challenges with confidence and immediate support.
Get approved fast and access the funding your business needs
Get answers to common questions about term loans
Still have questions? Our team is here to help!
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