Term Loan
Traditional financing, without the traditional wait.
A term loan is our closest product to a bank loan: a lump sum repaid in fixed monthly installments over several years. It carries our lowest rates and longest terms, making it the right tool for larger, planned investments — an expansion, a buildout, an acquisition — where predictability matters.
How Term Loan works
- You borrow a fixed lump sum.
- You repay it in equal monthly payments over 3, 5, or 7 years.
- Rates are fixed, so your payment never changes.
- Strong credit and financials unlock the best pricing.
The upside
- Lowest cost of any program we offer
- Predictable fixed monthly payments
- Large amounts — up to $5M
- Long runway to repay
Worth knowing
- Requires good credit and full financials
- Slower than an MCA
- Better for planned investments than emergencies
Frequently asked
How is this different from a merchant cash advance?
A term loan is an actual loan with interest, monthly payments, and a multi-year term. It's cheaper and slower, and it requires stronger credit. An MCA is faster and easier to qualify for but costs more.
What credit score do I need?
Term loans are best suited to owners with good personal credit (typically 650+) and a profitable, documented business. If you're below that, an MCA or line of credit may be the better path.
What documents are required?
Generally 3–6 months of bank statements, recent business tax returns, and a financial statement. Your advisor will give you an exact checklist.