Term Loans
A term loan allows borrowers to access a set amount of capital they must repay over time. The total amount, plus interest, is repaid throughout the term through monthly, weekly, or daily payments, depending on the length of your financing. Businesses leverage term loans for challenges and opportunities in their business. Whether you're looking to bridge a payment gap, hire new staff for an upcoming project, or invest in a new marketing initiative, this type of financing can offer the funds you need to accomplish your goals. Unlike private equity, debt financing provides capital without an exchange of ownership. You maintain full ownership of your business after securing a term financing; The only risk is the financial ramifications of late payments/total defaults.
Secure lump sum funding and pay back what you borrowed over a flexible term.
1+ Year in Business
$500,000+ in Annual Revenue
Types of Term Loans
- Short-Term Loans
- Intermediate-Term Loans
- Long-Term Loans