Bank Term loans are designed to be repaid more quickly than the 10-year period typical of an SBA loan. Bank Term Loans can be a great way to get timely funds to support your business growth until you can qualify for an SBA loan.
The following Bank Term loans are available through our partner banks for debt refinance, working capital, and for purchasing new equipment:
- Borrow $30,000 to $200,000
- Repayment over 2 – 5 years
- Fixed interest rates range from 6.99% to 26.99%*
- Monthly payments
- No pre-payment penalties. That can make a real difference in your cash flow and your bottom line.