Term loans consist of a lump sum loan amount paid back by regular fixed payments at a set interest rate over a 1 to 5 year term. These loans are typically a faster option than an SBA product with similar benefits. When it comes to this type of lending instrument, there is nothing unexpected especially being serviced by US Fund Source.
Term LoansFast Fixed Decisive Funding
Whether its running into a growth opportunity or needing capital for a specific equipment or inventory purchase, a small business term loan can help. Our goal is to guide you through your unique financial needs. With little restriction and a much easier process than traditional banking, this type of loan can be extremely beneficial to small business owners.
Sometimes your business runs into something unexpected. Maybe business is growing, and you need more delivery trucks, or maybe your oven broke down and you need to replace it as soon as possible. Whatever your challenge is, a term loan can almost instantly increase your capital, allowing you to confidently face it.
Why Term Loans
- Easy Access to Versatile Capital
- Set Payment Term with Longer Fixed Repayment Options
- Minimal Financial Documentation
- Low Cost of Funds
- 1 Year in Business
- $100,000 Minimum Annual Revenue
- 600+ Credit Score
- Simple Process
- Low Rates
- Poor Credit Availability
- Rates as low as 6%
- Funding within 24-48 hours
- Loan amounts up to $500,000
- 1-5 year Terms