Business Term Loans
A lump sum with a fixed repayment schedule for planned investments.
Overview
A term loan provides a lump sum up front that you repay over a set period with predictable payments — ideal for investments with a clear return.
Common uses
- Expansion or a new location
- Major equipment purchases
- Refinancing higher-cost debt
- Business acquisition
At a glance
- Typical usePlanned investments
- RepaymentFixed monthly payments
- TermsFrom 1 to 10 years
- CollateralDepends on amount
Final amounts, rates and terms depend on your business profile and are confirmed in writing before you sign anything.
What you’ll typically need
- Last 6 months of business bank statements
- Government-issued photo ID for each owner with 20%+
- Business tax returns (most recent 1–2 years)
- Year-to-date profit & loss and balance sheet
- Basic business details: legal name, EIN, address, start date
Ready to see what you qualify for?
The application takes about 10 minutes. Have your last 6 months of business bank statements handy.
Start Your Application