Secure Your Future with a Fixed-Rate Business Term Loan
Gain a predictable, lump-sum capital injection to finance your long-term goals with our Business Term Loan. This is a traditional financing solution, perfect for established businesses planning significant investments in growth, expansion, and major asset acquisition.
A Business Term Loan provides you with a fixed amount of capital upfront, which is then repaid over a fixed period, or "term," with scheduled, consistent installments. This predictability makes it an ideal tool for budgeting and long-term financial planning.
Why Choose a Business Term Loan?
Business Term Loans are the cornerstone of stable, long-term financing, offering a clear path to managing substantial business expenditures.
Fixed Payments: Enjoy the stability of fixed monthly payments, which include principal and interest, making financial forecasting straightforward.
Ideal for Large Projects: Use the lump sum to finance significant, one-time investments such as purchasing new equipment, expanding a facility, or acquiring commercial real estate.
Lower Interest Rates: Term loans often feature more competitive interest rates compared to revolving credit options, resulting in a lower overall cost of capital for major investments.
Build Business Credit: Consistent, timely repayment of a term loan can significantly strengthen your business's credit profile, opening doors for better financing terms in the future.
Key Loan Features & Benefits
Funding Amount: Up to $5,000,000
Flexible Terms: 5 to 10 years (longer terms available for real estate)
Interest Rates: Fixed and highly competitive rates
Purpose: Purchasing equipment, facility expansion, commercial real estate, or long-term working capital
Qualifying for a Business Term Loan
Business Term Loans are designed for companies with a proven track record of stability and revenue. Meeting the following requirements demonstrates your capacity to handle a long-term debt commitment.
Minimum Business Requirements:
Operating History: At least 2 years of continuous operating history.
Annual Revenue: Gross annual revenue of $100,000 or more.
Credit Score: A minimum personal FICO score of 660.
Collateral: Loan may require collateral (such as equipment or real estate) or a personal guarantee.
