Business Financing

Term Loan

Name: Business Term Loan
Brand: 1st Capital Financial
Rating: 4.9 (18 reviews)

A business term loan allows you to secure a lump sum with few restrictions on usage and a fixed or variable rate.

Start Your Financing Application

Contact Information (Step 1 of 2)

First Name *

Last Name *

Email Address *

Phone Number *

Company Name *

Financing Details (Step 2 of 2)

What is the desired loan amount you wish to discuss? *

What is the intended purpose of this loan? *

Please describe your "Other Purpose." *

What range does your FICO score fall into? *

Additional Information (Optional)

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Submitting this form will not affect your credit score. ¹

$25K-500K

Financing Amount

Low as 6.00%

Interest Rate

72 Hours

Fastest Funding

1st Capital Financial Is Your Best Source for Term Loans

Our financing experts, underwriting, and closing teams ensure your application is processed efficiently with a higher likelihood of approval.

Easy Application Process

It takes just four minutes and some basic information to get started, and we’ll guide you through every step of your application from there.

Fast Turnaround on Funds

Get an approval decision in as little as 24 hours and have your funds deposited within 48 to 72 hours after you accept your financing offer.

Industry-Leading Support

We'll help you determine your fit for a Business Term Loan with complete transparency and work with you to secure the best rate and terms.

Overview of Business Term Loans

What Is a Business Term Loan?

A business term loan provides small business owners with a lump sum of cash that is paid back on a fixed schedule over a set period (i.e., a loan “term”).

At A Glance

Few Restrictions on Usage

Lower Interest Rates

Interest rates may be fixed or variable and start at 6.00%.

Flexible Repayment Terms

Repayment terms are from six months to seven years.

A business term loan is often used to purchase specific, fixed assets. However, there are a variety of other use cases.

Use Cases

Buy or Expand Real Estate

Purchase New Equipment

Secure Working Capital

Refinance Existing Debt and More

Use Cases for Business Term Loans

What Can a Business Term Loan Be Used For?

Requirements for Business Term Loans

Is a Business Term Loan Right for You?

Lenders’ business term loan requirements will vary, but the following are the minimum criteria.

Minimum Criteria

Own a For-Profit Business in the U.S.

Must be a Corporation, LLC, Partnership, or Sole Proprietorship

At Least $50,000 in Annual Revenue

Operating for at Least Six Months

Minimum Credit Score of 550

How To Apply for a Business Term Loan

Our Financing Application Process

(Time to Complete = Four Minutes)

Provide some basic details about you and your business using our Small Business Financing Form.

(Time to Complete = 15 Minutes)

We’ll contact you to discuss the documentation needed to complete your application and answer any questions you may have.

(Time To Complete = As Little as 24 Hours)

We’ll begin processing your application as soon as we’ve received all the necessary documentation and keep you updated every step of the way.

(Time to Complete = As Little as 48 Hours)

We’ll provide you with your final business term loan offer(s) to review. Once accepted, you’ll receive your funds in as little as 48 hours.

We What
We Do

90,000+

Small Businesses Served

10 Billion+

Financing and Tax Refunds

30 Years+

Industry Experience

90%+

Client Retention

FAQs About Business Term Loans

Questions? We Have Answers.

A business term loan is a lump sum of capital you borrow from a lender and repay on a fixed schedule over a set period (i.e., a “term”). The cost of capital for small businesses is generally cheaper than conventional financing, while the turnaround on funds is faster than SBA loans. Business term loans may be used for a variety of purposes, including long-term investments.

Established businesses with good financial health, credit history, and positive cash flows are best suited for term loans. Newer businesses and startups that have been operating for less than two years are unlikely to qualify.

The advantages of business term loans include affordable interest rates, short- and long-term options, predictable repayment schedules, and a wide variety of permitted uses.

The disadvantages, however, are that the application process can be more cumbersome, and newer businesses and startups are unlikely to qualify.

Can’t find the information you’re looking for? Give us a call at +1 (833) 317-8227.

There is no impact on credit to start your financing application online with 1st Capital Financial.

Ready to Get Started?

Start your financing application today in just four minutes.

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Term Loan