A business term loan isa lump sum of money borrowers commonly use for facility procurement, bill payment, debt settlement, and more. The facility is expected to be repaid over a pre-agreed period and at decided intervals until you fully service it. It works for businesses needing financial inflow for projects beyond what everyday expenses can cover.
The type of loan to settle for depends on your business’ short-term or long-term needs, financial capabilities, interest rates, how much repayment time you can afford, and other factors.
How can I tell if I am qualified to get this loan?
We save you the stress of brainstorming; just fill out our easy-to-navigate application online. Take some time off and leave us to determine your qualification after a review session before the pre-approval stage. As long as you have a good credit score, you are good to go.
Discover the best funding options for your business
