Time to Funds
Business Term Loans
With a Business Term Loan, You Can Access Additional Capital Quickly and Easily
If you’re looking for additional capital but don’t want exorbitant interest rates, business term loans are the best option for you. They’re quick, easy, predictable, and flexible – perfect for growing small businesses and startups. With this loan, you’ll be able to:
- Achieve medium- and long-term goals
- Scale your business without risking your current assets
- Determine the life of the loan to be anywhere from one to ten years
Our goal is to help your business achieve its goals by injecting capital through our loans. Payments are the same throughout the life of the loan, so you can easily determine how much your business needs and favorable repayments over the specified period.
How will you use your funding? It’s completely up to you!
We believe that every business is unique, and there’s no one-size-fits-all solution to scaling a business. That’s why for this type of loan, you decide how you use your loan amount. You can use your funds to:
- Implement massive scaling operations which will require a lot of manpower
- Open a new business location
- Expand your operations and range of products or services
- Purchase real estate for your business
- And many more!
When used right, business term loans are a low-risk, high-reward investment. At United Business Loans, we offer flexible repayment options at competitive rates so you can leverage your business with the lowest risks possible.
How to apply for your business term loan
It’s simple! Gather all the necessary documents proving your eligibility based on the requirements listed above and then give us a call. You’ll get to choose from 50+ leading lenders and select the best possible loan and terms available. You may need to provide collateral and other supporting documents, such as your business’ P&L statements. Upon the successful approval of your application, you can access your funds within 24 hours.
Does your business meet these requirements?
Every loan application is different, and the actual terms tend to vary depending on a number of factors. Here’s a look at the general requirements for a business term loan:
Has your business been operating for at least two years?
Is it located in the US?
Does the business have a revenue of $120k over the last 12 months
Do you have a personal credit score of 600 or higher?
If you answered yes to all four, you’ve got a fantastic chance of getting a business term loan! Typically, the loan will have a fixed flat fee or fixed interest rate, allowing you to pay the same amount over the agreed term period. This makes it quite easy to ascertain how much you can afford and keep up with your payments until the loan is fully paid off. Flexible, yet stable, this financing solution can help grow your business, manage inventory, and even build your credit. Enjoy these and more with a term loan with United Business Loans today!