Term loans provide the capital you need for larger projects without the hassle of prepayment penalties. While collateral isn’t required, a personal guarantee is typically requested. Whether you’re looking to buy out a competitor, remodel, or expand your business, a term loan gives you access to funds quickly, with repayment terms of up to five years, allowing your project to mature.
For businesses with long-term financing needs, term loans offer competitive rates and flexible terms. With no need for collateral in many cases, term loans are designed to help you achieve your goals without unnecessary obstacles.
1-4 Weeks
Bi-weekly/Monthly
$2 Million
1-5 Years