Fund a defined investment with a defined repayment plan.
Finance a planned project or purchase with a lump sum repaid over an agreed period. Evaluate the term and payment against the value the investment can produce.
Amount, term, and repayment.
A single advance sized to the project.
Matched to how long the investment produces value.
Each payment reduces the balance and covers interest under the agreed terms.
The term should not outlast the asset it funds.
How business term financing works
A business term loan provides a lump sum of capital that is repaid over a defined period. Because the amount and schedule are set at the outset, term financing is often used for planned investments where the cost and timing are known.
Where the funds can be used
- Expansion
- Renovations
- Hiring
- Working capital
- Marketing
- Large purchases
- Refinancing
- Planned projects
How the financing is structured
Financing may involve different terms, amounts, payment frequencies, pricing, and documentation requirements depending on the program and business profile. Options are discussed with you during underwriting.
- Defined financing amount
- Set repayment term
- Payment frequency matched to the program
- Documentation requirements that vary by structure
Calculate the monthly payment.
Enter the amount, annual rate, and repayment term to calculate the scheduled payment.
Enter an amount, annual rate, and term.
Calculated from your inputs. Excludes fees and any balloon payment; actual financing terms are set in the written offer.
What Underwriting Reviews for Term Debt.
Not every factor applies to every request, but these are the areas that commonly shape a decision.
Typical situations
- Funding an expansion or new location
- Larger one-time projects
- Consolidating a defined capital need
- Investments with a clear payback
- Predictable, scheduled payments
- A lump sum for a specific purpose
- Longer terms can ease monthly cash flow
- A longer term lowers the payment but extends the obligation
- Best matched to a defined use, not open-ended needs
- Prepayment terms vary by structure
Term financing suits a planned, one-time investment. If the need is ongoing or unpredictable, a line of credit's revolving access usually fits better.
Related financing solutions
Define the Project and Term
- The exact amount and what it funds
- The period the investment produces value
- Current debt schedule and payment obligations
- Any prepayment expectations
Frequently Asked Questions
Have a question about your business? Start a financing request and our team will follow up.
Review the terms behind the decision.
Product structures, repayment considerations, and dated policy updates in one place.
Move the investment forward.
Provide the project amount, business financials, and the repayment schedule you are seeking.