A business term loan is about as classic as they come with regards to financial products available today. It's the flexible, stable way to access more working capital so you can grow your business. This simple small business solution will also give a nice boost to your credit.
Your business term loan will typically have a fixed interest rate or fixed flat fee which means your payments will stay the same over the lifetime of your 1-5 years term. This makes it easy to determine how much financing you can afford as well as keep up with your monthly payments until the loan is paid off.
Since no two businesses are alike, neither should term loans. What that means for you is that you can use a business term loan for just about anything your business needs. Anything from Facebook marketing costs and hiring staff and adding inventory, your line of credit can even be used to pay outstanding bills.
Simply answer a few basic question in our free,secure ,online application to learn more about your business term load options.Your will be asked to enter information about your credit score, time in business, and collateral.You may also need to email,fax or upload your recent bank statements to show your revenue.Once approved, you can usually access your find with 24 hours or less.
|Time in business||2.5 years+|
Here are the basic documents you will need to apply for your business term loan.