A lump sum of funding, repaid on your terms
Business term loans give you a fixed amount of capital upfront, repaid over a schedule that fits how your business earns. Advancery matches you with the right term and structure — then guides you through funding.
- check_circleFunding up to $10M
- check_circleNo Prepayment Penalty
- check_circleTerms Built Around Cash Flow
Business Term Loans
What is a business term loan?
A term loan provides a fixed amount of capital that’s repaid over a set period, typically through regular monthly, weekly, or daily payments of principal plus interest.
Businesses use term loans to bridge a cash flow gap, hire additional staff, fund a marketing push, or invest in equipment — without giving up equity. Unlike private equity, you keep full ownership of your business; the trade-off is a fixed repayment obligation regardless of how the investment performs.
- checkA single, predictable repayment schedule
- checkFull ownership retained — no equity given up
- checkTerms matched to how your business generates revenue
Good to know: The main risk with any term loan is missing payments or default — Advancery’s specialists help you choose a term and payment cadence your business can sustain.
Before you apply
What do you need to qualify?
An established operating history helps demonstrate stability to lenders.
Consistent revenue shows your business can support loan payments.
A solid personal credit profile strengthens your application.
The advantages
Unique benefits of a business term loan
Fund significant investments in a single facility, sized to your business.
Choose a repayment period that matches your investment horizon.
A cadence that fits how your business collects revenue.
Pay down your balance early and reduce your overall cost.
Roll existing term loans into one, more manageable payment.
On-time payments may help build your business’s credit profile.
Choose your fit
Types of term loan
Expedited repayment for near-term ROI — covering upfront project costs or seasonal inventory.
A middle ground for businesses that don’t need a short or long-term commitment.
Lower monthly payments spread over a longer period — at the cost of more interest overall.
The details
Term loan amounts, rates & time to fund
Term loans typically range from $10,000 up to $10,000,000, sized to your revenue and use of funds.
Rates vary by lender type and your credit profile — Advancery shops your file to find competitive terms.
Select a shorter or longer term to suit your business’s cash flow and investment horizon.
Bank and credit union approvals can span 30–90 days, while non-bank lenders may fund in as little as 24 hours.
How it works
How the process works
-
edit_note1
Apply
Share basic business details in one short application.
-
support_agent2
Review
A specialist reviews your business and outlines your options.
-
task_alt3
Approval
Receive a decision and review your term, rate, and schedule.
-
account_balance_wallet4
Funding
Sign digitally and funds are disbursed to your account.
Things you’d like to know
Business term loan FAQs
Which loans are term loans?expand_more
A term loan involves a fixed sum lent to a borrower, to be repaid on a specified schedule. The loan begins with a disbursement of funds into the borrower’s business account and concludes once both principal and interest are fully paid off. Repaying ahead of schedule may lower the overall cost, depending on the lender — term loans are commonly used for inventory purchases, expansions, renovations, and working capital.
What is the difference between a loan and a term loan?expand_more
“Loan” is a broad category that includes lines of credit, equipment financing, and revenue-based products. A term loan specifically provides one lump sum upfront, repaid on a fixed schedule — unlike a revolving line, it doesn’t replenish as you pay it down.
What are the common attributes of term loans?expand_more
Most term loans share a fixed funding amount, a defined repayment term, a set payment frequency (daily, weekly, or monthly), and an interest rate or factor rate applied to the balance. Some lenders also report payment history to business credit bureaus.
What documents are required to apply?expand_more
Typically recent bank statements, basic business information, and details on how you plan to use the funds. Your specialist will confirm exactly what’s needed for your situation.
Is there a penalty for paying off my loan early?expand_more
No. Advancery term loans carry no prepayment penalty, so paying down your balance ahead of schedule can reduce the total cost of financing.
Ready to apply?
Talk to a funding specialist and find the term loan structure that fits your business — no obligation, no pressure.