Term Loans for Established Businesses
Business Term Loans for Growing Businesses
A business term loan delivers a one-time capital infusion repaid through structured, fixed installments, making it an effective solution for planned financing needs. Organizations often leverage term loans for major purchases, cash flow management, equipment investments, or long-term growth strategies. Share your funding requirements to review term loan solutions from a range of lenders and identify the option aligned with your business objectives.
Loan Overview
What Are Business Term Loans?
Business term loans provide a fixed amount of funding that is repaid over a defined period. These loans are designed to help businesses invest in growth, manage operational needs, or refinance existing obligations with predictable payments.
With structured repayment schedules and competitive rates, term loans are well-suited for businesses seeking stability, long-term planning, and dependable access to capital.
Key Benefits
Structured loan programs offer competitive rates that help reduce overall borrowing costs.
Extended repayment periods support consistent monthly payments and healthier cash flow.
Loan proceeds can be used for expansion, operations, equipment, or refinancing.
Broader approval criteria provide funding opportunities beyond traditional lending options.
Key Qualifications & Eligibility
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Key Qualifications & Eligibility
Legal Business Entity
Registered Corporation, LLC, or Partnership in active good standing.
Time in Business
Minimum 2+ years of operating history preferred.
Annual Revenue
Annual gross revenue of $500,000–$1,000,000+, based on lender guidelines.
Financial Performance
Demonstrated positive net income or consistent cash flow with valid add-backs.
Credit Profile
Minimum 650+ personal credit score with clean credit history.
Business Stability
No recent bankruptcies, major liens, legal disputes, or licensing issues.
Collateral & Down Payment
May be required depending on loan amount, term, and risk profile.
Required Documentation
- Completed business term loan application with accurate information.
- Most recent 6–12 months of business bank statements showing consistent deposits.
- Last 2 years of business tax returns (personal tax returns may be required in certain cases).
- Profit & Loss statement and balance sheet (if available).
- Ownership details for all principals with significant ownership interest.
- Additional documents may be requested based on lender requirements or loan structure.