TERM LOANS
A term loan is a common form of long term business funding. You get a lump some of cash upfront to invest in your business and repay with interest over a predetermined time period. A term loan is best for businesses looking to expand and which have good credit and historical business revenue. Our term loan application process is streamlined to save you time and provides fast funding, typically within a few days to days to a weeks time.
Pros:
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Get a lump sum amount of cash to invest in business.
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Borrow higher amounts
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Get funding in 2 - 7 days
Cons:
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May require some type of collateral
Best for:
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Businesses looking for capital to grow
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Business owners with better credit and consistent business cash-flow who can’t wait weeks, or months for funding
