Term Financing
Term financing provides a set amount that is repaid over an agreed schedule. The schedule, cost and any fees are defined in the financing agreement.
Funding options are subject to eligibility, underwriting, product availability, and applicable terms.
Who this structure may be appropriate for
- Businesses funding a defined, one-time project or purchase
- Businesses that prefer a predictable repayment schedule
- Businesses consolidating a specific planned expense
How businesses commonly use it
- Expansion projects
- Build-outs and renovations
- Large one-time purchases
- Hiring
Factors typically reviewed
No single factor determines an outcome, and specific thresholds are set during underwriting.
- Time in business
- Business revenue and deposit history
- Industry and business type
- Credit profile of the business and owner(s)
- Existing business obligations
Information usually requested
- Basic business details (legal name, entity type, state, industry)
- Owner contact information
- The funding amount and intended use
- PLACEHOLDER: the specific document checklist will be published once confirmed
From application to closing
- 01
Apply
Tell us about your business and funding needs through a short application.
- 02
Get Reviewed
Your information is reviewed to determine what financing options may be available.
- 03
Explore Your Options
If eligible, review available options, costs, repayment structure and terms.
- 04
Move Forward
Complete the required documentation and closing process for the option you select.
Explore Term Financing for your business
Funding options are subject to eligibility, underwriting, product availability, and applicable terms.