What Are Term Loans?
Term loans are short-term loans that have a maturity period of more than one year and typically have a fixed interest rate that remains constant throughout the life of the loan. These types of loans may be offered by commercial banks or investment banks acting on behalf of clients who wish to finance operating expenses.
Short Term Loans
Our short-term loans are designed to help you bridge the gap between your current cash flow and future needs, such as buying inventory, paying off existing debts, or funding an expansion project. Moreover, we work with customers who want to avoid bankruptcy and stay out of foreclosure by working together with them one-on-one to develop a plan that makes sense for your financial situation. Terms can range from 3 to 12 months.
You can utilize a business term loan during any stage of your business's acceleration, whether you want to build out and expand operations, or dive into a new ventue.
Long Term Business Loans
We can provide long-term business loans to our customers who need capital to purchase new equipment, expand their business, or pay off existing debts. The term can range from 13 to 36 months. These loans can be used for any purpose and are available in a range of sizes. Our goal is to provide your business with the funds it needs at the lowest possible cost and we have a proven track record of doing just that for our clients in fifty states.