Term Loan
The benchmark everything else is measured against.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
One of six options
Term Loan
The benchmark everything else is measured against.
- Loan amount
- $20K – $1M
- Funding speed
- Within 24 hours
- Loan term
- 1–2 years
- Interest rate
- As low as 6%
Term loan
How a term loan is priced
A term loan is a fixed amount at a fixed rate over a fixed period. Because the structure is simple, it is the easiest product to compare honestly, and it is usually the cheapest money a business can get that is not secured on property.
When you have offers on the table, this is the one to price the others against. If a faster product costs materially more across its life, the question becomes whether the speed is worth the difference.
Before you sign
What to compare
- Total repayment across the full term
- Whether early settlement saves interest
- Any origination fee taken off the top
- Monthly payment against your quietest month
The application
See your offers
About two minutes to apply, no cost, and no effect on your credit. You are under no obligation to accept anything that comes back.
Rather talk to somebody first? (844) 220-3232.
The options
Priced against the other five
Short Term Business Loan
Less interest in total, more out of each month.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
Secured lending, and priced accordingly.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
Short money for running costs, collected often.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
Priced on what you draw, not what you are approved for.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Cash Advance
The one that needs the closest reading.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%