top of page

LONG TERM LOAN

Term loan is a common form of long term business funding. You get a lump some of cash upfront to invest in your business and repay with interest over a predetermined time period. Best for businesses looking to expand that have good credit and strong business revenue. Offers fast funding typically within  2 days to a week.

PROS:

  • Get a lump sum amount of cash to invest in business. 

  • Borrow higher amounts

  • Get funding in 2 - 7 days 

CONS:

  • May require some type of collateral

BEST FOR:

  • Businesses looking to grow

  • Business owners with better credit and consistent business who can’t wait for funding

bottom of page