Business Term Loans
A Term Loan is a traditional loan where a business borrows a specific amount
and repays it over a set period with fixed or variable interest rates.
Benefits: Predictable monthly payments, flexible terms.
Considerations: Requires good credit, may have higher interest rates than SBA loans.
- Dollar Amount: $25K – $500K
- Term: 6-84 Months
- Buy Rate: 7.49 – 22%
- Revenue Requirement: $50K AGR
- Time in Business: 2+ years
- Credit Score: 680+
- Restricted States: CA
- Restricted Industries: Lending, Gambling, Non profit, Cannabis, Weapons, more.
- ABD/Neg Days: N/A
- Fees: N/A
- Prepays: N/A
- Commission: Loan dependent