Term Loan for small business.
A term loan is larger lump-sum funding with structured monthly repayment, built for established operators investing in expansion, acquisition, or major equipment.
How term loan works
You apply with bank statements, business tax returns, and a use-of-funds summary. Underwriters review revenue, profitability, leverage, and principal credit. If approved, you receive an offer document with the full cost, rate, payment schedule, and any covenants in writing.
How this product is structured
Your offer document includes the full cost in dollars, the rate, the total payback, and the payment schedule, all in writing, before you sign.
To apply
- At least 2 years in business
- $100,000+ in monthly revenue
- Business and personal tax returns (2 years)
- Most recent 4 months of bank statements
- Use-of-funds summary
Who term loan fits
Term loans fit established operators making a meaningful, planned investment — opening a new location, acquiring a competitor, replacing major equipment, or refinancing higher-cost obligations.