Term loans are what come to mind for most when thinking of a “traditional loan.”
With a term loan, you receive a set amount of funds, with a fixed interest rate, which you pay back over an agreed to amount of time.
Loan Size
$250,000 – $10MM
Term Length
2 – 5 years
Interest Rates
7% – 18%
Payment Frequency
Monthly
Funds In
4 – 6 Weeks
Qualifications
Minimum FICO
700+
Time In Business
2 years
Monthly Revenue
$75,000 – $100,000
Banking
Business Checking
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