LONG TERM

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A term loan is a popular method of financing a business for the long term. You receive a lump sum of money up front to invest in your business and return it over a defined time period with interest. This is the greatest option for businesses wishing to expand that have a good credit history and a stable revenue stream. This loan type provides quick funding, with most loans disbursing funds within two to seven days.

Pros: 

  • Get a lump sum amount of cash to invest in the business. 

  • Borrow higher amounts

  • Get funding in 2-7 days 
     

Cons:

  • May require some type of collateral
     

Best for:

  • Businesses looking to grow

  • Business owners with better credit and consistent business who can’t wait for funding 

Our 3 Step Process:

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1. Apply

Fill out our Quick Apply application.

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2. We review your application

We review your goals and present you with programs matching your needs, getting an offer in 24 hours.

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3. Receive funding

Choose the program that fits you best and receive funding within 48 hours.