If your business is growing, you likely want to ensure that your growth continues at a rapid rate. But sometimes this can be challenging, especially as in most cases, you need to spend money to make money. If that is the case for your business, you’ll be happy to know that US Capital can turn your business term loan need into a reality. In fact, we specialize in helping businesses get approved for business term loans so that their business can continue to flourish.
Why get a business term loan?
Most business line of credit solutions are unsecured.
Access your funds in as little as 1 to 3 business days
An easy process that isn’t hindered by past credit issues
24 Hour Approval
Approvals within 24 hours of your application
What is a business term loan?
A business term loan provides business owners with access to funds needed to grow their business, all in one lump sum payment.
Typical funding ranges from $10,000 - $5,000,000
Our loans range from 3 months to 10 years in length
Our rates start at 5% based on your credit rating
We’re fast and can often fund your loan within 1 to 3 business days
Is a business term loan right for you?
Business owners appreciate having options versus being pigeon-holed into a single solution. Today’s online credit opportunities make it easy for business owners to apply for many small business loans that fit the specific needs of their business. But these online options don’t always provide the simplicity that businesses need.
In some cases, business owners want to keep things simple, but don’t want to have to work with the bank. At US Capital, we make business term loans easy.
Benefits of a business term loan
- Payback your loan in easy to predict fixed monthly payments
- Longer loan terms are available
- Your past credit issues won’t hinder you
- Your loan can be used for a variety of business-related purposes
Drawbacks of a business term loan
- Your loan payment remains the same even when your business revenue is down
- You may be subject to prepayment penalties if you try to pay your loan off early
How to qualify for a business term loan
To apply for a business term loan, business owners will need to provide three months’ worth of business bank statements. And, as long as you are running a profitable business, you will have an excellent chance of securing your business term loan with US Capital.
Most customers approved for a small business term loan met the following criteria
- Annual revenue of $120,000 or more
- A credit score of 600 or higher
- Twelve months or more of business history
To apply, you will need
- Driver’s license
- Voided check from your business account
- Recent bank statements
- A completed application for US Capital
US Capital can help with your business term loan
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Don't just take it from us!
US Capital has helped hundreds of business owners get the capital they need to succeed. You could become the next US Capital success story!
“I needed some capital to cover payroll but my credit union wasn't going to be able to fund me in time. US Capital found me an awesome short term loan that made sense. Shout out to Rick for making it an awesome experience the whole way through!”Patricia WilliamsPaisans Catering Co.
“I landed an awesome contract with the state but needed some new equipment to be able to deliver. I called US Capital and was able to secure a loan to purchase our new trucks and had the funds in my account next day. It was a no brainer, thanks US Capital!”Roger McfeeLambert Paving Co.