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Term Loans

A small business term loan refers to receiving a lump sum of working capital to use for business purposes. The best feature about this type of loan is that there is a fixed payment amount which is automatically deducted from your business bank account on either a daily, weekly, or monthly basis.

Understanding the word "term" in Term Loan

Business term loans are a type of funding instrument that a company will commonly use for expansion, purchasing equipment, investing into marketing, and many other business needs. The hallmark of this kind of business financing is that it has a set maturity date; there is a fixed date by which the business must pay off the loan. Business loans offered through CapLadder are no different, but they do have many features that set them apart from traditional bank loans.

 

Funding to your business checking can happen in as fast as 2-5 business days from the moment you apply. Repayment is made simple with a fixed term and automated monthly payments. Stellar credit history is not required to qualify, there are no checks to write, and no personal collateral is needed!

2
$20K
620
Years in business
Monthly Revenue
Personal Credit Score
How a Business Term Loan Works
1
Apply Online
Provide us basic information about your business and its needs. Submit your documents online or through a dedicated Consultant.
2
Get Approved
You’ll often know within just 1-2 business days if you’re approved for a business term loan!
3
Make Repayments
Repayment is made simple with automated monthly payments drafted from your business checking.
4
Grow
Use the new funds to scale your business operations to the next level and conquer your market!
Max Approval:
Term Length:
Cost of Funds:
Funding Timeline:
Approvals up to
$2 Million
Terms from 1-10 Years
Rates starting at 5.49% APR
2-5 business days
Minimum qualification
What you need to apply
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2 years in business


620 personal credit score


$20K in monthly revenue
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Completed application
Prior 6 months bank statements
Prior Year and YTD Financials
Prior 2 Years Business and Personal Tax Returns
Ready to apply? Get Started
Have more questions? Ask Us!