Explanation
Term loans are best for large, one-time investments: equipment, expansion, acquisitions, or refinancing higher-cost debt.
Bank and SBA term loans offer the lowest rates; online lenders provide faster funding at higher cost.
Examples
- •Short-term: 3–24 months
- •Mid-term: 2–5 years
- •Long-term: 5–25 years (SBA, real estate)
Find out where you actually stand
Funding readiness scoring, before you apply anywhere.
We review bankability, banking history, business credit file and documentation against what underwriters look for, so an application goes out when it can survive review.