Contact Today

Term Loans

A term loan is a capital loan secured with the business’s credit and/or business assets, that is repaid in regular payments over a set period of time. A term loan typically has a fixed interest rate and is paid back over a number of years. A term loan may be right for you if you are expanding, consolidating debt or are interested in a fixed monthly investment to help with the business cash flow. 

To qualify you need – 

6 or more months in business
600+ credit score
$10,000+ inconsistent monthly revenues.

To get started – 

  • Completed application
  • At least 4 months though 6 months of full recent bank statements preferred
  • Credit card processing statements if applicable
  • 2 years of business tax returns preferred if available
  • Term loans from $5,000 to $500,000
  • Term lengths typically 12 months to 10 years
  • Decision as fast as 24 hours and funds as soon as the next day

Let’s talk

Book a time to speak with one of our experienced professionals for a free consultation on the best options for your business. BizFi appreciates the opportunity to support your business.

Apply Now