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Term loan

Term Loan

The classic way to fund a bigger move.

Loan amount
$20K – $1M
Funding speed
Within 24 hours
Loan term
1–2 years
Interest rate
As low as 6%

Apply for funding

A pickup and trailer heading down a prairie road at sunset.

Term loan

What it is, and how it repays

A term loan is one lump sum of capital, repaid at a fixed rate over a fixed period. It is the most straightforward way to fund something substantial — a second location, a large order, a hire you have been putting off — and to know exactly what it costs before you commit.

The application is a couple of minutes long: the amount, what the step is and a few questions about the business. A specialist then returns with the offers it qualifies for.

On the ladder

Rung 5: build out

The big rung: a second site, a fit-out, a contract larger than anything before it.

Ready when today's takings could cover the repayment even if the new venture starts slowly.

  1. 5Build out · Term loan
  2. 4Kit out · Equipment financing
  3. 3Keep a buffer · Line of credit
  4. 2Buy ahead · Short-term loan
  5. 1Steady the floor · Working capital

See the whole ladder →

What it gives you

Why owners take this step with it

  • A repayment rhythm agreed before you sign
  • Funded within 24 hours once approved
  • Spend it on the step you are taking
  • No out-of-pocket fees

The application

Start your application

Around two minutes: the amount, what the step is, your details and a few questions about the business. Free, and nothing is agreed until you accept an offer.

The application is the way in, and it takes about two minutes.

The six

All six programmes, this one marked

Working Capital

Funding your day-to-day operations.

Funding amount
Up to $1M
Cost
Starting at 4.5%

Equipment Financing

Equipment for virtually any industry.

Loan amount
Up to $250K
Cost
As low as 8%

Term Loan

The classic way to fund a bigger move.

Loan amount
$20K – $1M
Interest rate
As low as 6%

Revenue-Based Funding

Quick and efficient access to capital.

Funding amount
$5K – $500K
Funding speed
24–48 hours