BUSINESS TERM LOANS

Our platform offers a few options for longer term working capital deals. Term loans enable your company to get longer term programs. A business must meet the qualifications and standards in order to achieve a term loan. A term loan is more credit driven, and performance is reviewed over a longer period of time, unlike a cash advance. Having business tax returns are essential for acquiring this type of funding product. 

Your business must be operating for at least 24 months, meet a credit requirement of 660 or better, and have a company revenue of at least $200,000 annually.

We offer a few different term loan products. The 1^st one we’ll present can be directly applied through a personalized link. We can connect you to an FDIC insured bank that can get you an SBA7a business loan, or another bank loan that will provide a 5-10 year term. This is way easier than dealing with a bank, but financials will be required. 

Contact us for the link!

Other term loan programs require a direct submission through our website, or to an assigned representative. Like our revenue-based financing we would just need your last 4 months business bank statements and HelloSign application complete. The terms on these deals usually range out to 3 years and can fund very quickly. Interest rates vary, but are low.

There are no pre-payment penalties for any of our term loans. Some loans are based on true APR with forgivable interest or simple interest. 

As you can see this is 1 of our best options for business funding. If you have the time, and credit we suggest this product. To find out more give us a call or send a message, or simply apply!