Business Term Loan
A lump sum at a fixed rate, repaid on a schedule set before you sign.
- Funding amount
- Up to $1M
- Rate
- Starting at 5.5%
$10,000 – $1,000,000
Business Term Loan
A lump sum at a fixed rate, repaid on a schedule set before you sign.
- Funding amount
- Up to $1M
- Term
- 12–36 months
- Rate
- Starting at 5.5%
- Funded in
- 1–2 days
Term Loan
What term loan actually is
A term loan is the most ordinary thing on this list and usually the cheapest. The business takes one sum and repays it at a fixed rate across a fixed period, so the cost is known on the day it is signed rather than estimated.
It is the right shape for a capital move with a price already attached — a second site, a refit, a large order, or clearing something dearer that is already on the books. Applying takes about fifteen minutes and asks about credit, time in business and revenue.
What it gives you
Why a business takes this one
- Fixed rate and fixed payment
- No restriction on what it funds
- No upfront or out-of-pocket fees
- Longest term of the six
The application
One application, all six programs
About fifteen minutes, no fee, and no hard credit check to see what comes back. A funding expert is your single point of contact from there.
Rather talk to somebody first? (866) 221-4047.
What can fund it
This one, and what the others reach
Business Line of Credit
A limit you draw on when you want it, paying interest only on what you take.
- Funding amount
- Up to $1M
- Rate
- Starting at 4.5%
Business Working Capital
Money for running the business at the size it already is.
- Funding amount
- Up to $1M
- Rate
- Starting at 4.5%
Short-Term Business Loan
A term loan with the term cut down, for a cost that has already landed.
- Funding amount
- $10K to $1M
- Rate
- Beginning at 6%
Business Cash Advance
An advance against future sales, collected as those sales come in.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%
Equipment Financing
Buy the thing the work runs on, with the thing itself as the security.
- Funding amount
- Up to $250K
- Rate
- As low as 8%
Rates above are floors — what the network starts at, not what every business is offered. The cash advance is the exception and is quoted as a factor rate, which is not an interest rate and does not fall if it is cleared early; it is the dearest money on this page and belongs at the bottom of the list for that reason.