Common uses
Where this option may fit
- Expansion projects
- Longer-lived business investments
- Renovations
- Planned operating initiatives
Defined term and payments
Business Term Loans
A lump-sum commercial loan repaid over a stated term according to a provider-defined payment schedule.
Apply Now →How it generally works
Understand the structure.
The provider sets the principal amount, interest or other pricing, payment schedule, term, fees, security requirements, and other conditions. Amortization and prepayment rules can vary.
Qualification considerations
What providers may review
Providers commonly review time in business, revenue, profitability or cash flow, credit, debt load, collateral where applicable, and the planned use of proceeds.
Common documentation
What may be requested
Bank statements, financial statements, tax returns, debt schedules, business records, and ownership information may be required.
Review the complete economics
Compare more than the headline amount.
Before accepting any option, review payment amount and frequency, term or estimated duration, total repayment or purchased amount, fees, prepayment provisions, security or guarantee provisions, and every provider condition.
Explore your options
Start with five simple details.
Continue through a secure Business Funding Application tied to the same CRM Lead and Application.