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Term Loans

Predictable financing for your next big move.

A fixed amount with a fixed schedule — for equipment, expansion, a debt refinance, or any planned, one-time need with a clear payoff.

Business owner overseeing a planned expansion of their space
$10K–$5M
Amount
1–7 yr
Term length
< 1 week
Funding
Soft
Credit pull

One lump sum, one clear payback

A term loan gives you a set amount up front and a fixed repayment schedule, so you always know the payment and the payoff date. It's the simplest way to fund a large, planned expense without tying up a line of credit — and with no penalty for paying it off early.

Why owners choose it

  • Predictable, fixed payments
  • Longer payback period than short-term options
  • No prepayment penalties
  • Funding in under a week
  • Closing as fast as 48 hours
  • Soft credit check to prequalify (no score impact)

Common uses

  • Large one-time expenses
  • Debt refinancing & consolidation
  • Working capital
  • Inventory financing
  • Major operational investments
A small business at a growth milestone

One clear decision, funded in days — then a payment you can plan around.

What you'll need to apply

Good to know

Common questions

Can I pay it off early?

Yes — there are no prepayment penalties. Pay it off ahead of schedule and you save the remaining interest, no questions asked.

What's a term loan best used for?

Anything with a clear, one-time purpose: buying equipment, funding an expansion or build-out, consolidating more expensive debt, or a large planned investment. For ongoing, flexible needs, a line of credit usually fits better — we'll tell you which makes sense.

How are my rate and payment decided?

You get a fixed amount, a fixed payment, and a set payoff date, so the cost is predictable from day one. The rate depends on your time in business, revenue, and credit profile.

Will applying affect my credit?

Prequalification is a soft pull with no score impact. We only run a hard pull, with your permission, if you decide to move forward.

Fund your next move.

See what you qualify for in five minutes — soft credit pull, no obligation.