Business Term Loans
A term loan provides a lump sum that your business repays over a set period, usually in regular installments. Submit one application and ClickFundBiz works to identify third-party financing providers whose term loan programs may fit your business and goals.
Financing options are provided by participating financing providers and are subject to their eligibility requirements, approval and terms.
Business Term Loans
Common uses
Every business is different. These are some of the purposes businesses often pursue with this type of financing.
- Expanding to a new location or renovating an existing one
- Purchasing equipment, vehicles or technology
- Buying inventory ahead of a busy season
- Refinancing existing business debt where a provider allows
- Hiring and training staff to support growth
- Funding a marketing push or product launch
- Financing part of a business acquisition
- Covering other one-time, business-purpose investments
What to expect
How the process works
One application. Multiple possibilities. ClickFundBiz works as a broker on your behalf; financing providers make all credit decisions.
Apply once
Tell us about your business, your financing needs and your timeline. One application covers every option we explore for you.
We identify providers
Our team reviews your request and identifies participating financing providers whose programs and criteria may fit your business.
Compare any offers
If a provider extends an offer, you review its terms directly (amount, payments, cost and conditions) and decide what works for you.
The provider funds
The financing provider you choose completes its own underwriting and, if it approves your application, funds your business directly.
Term loan amounts, repayment periods, rates and fees vary by provider and applicant. Any offer you receive comes directly from a financing provider, and its terms are stated in the offer itself. Review them carefully before deciding.
Underwriting
Factors providers often consider
Each financing provider sets its own criteria and makes its own decisions. These are factors providers commonly review, not requirements set by ClickFundBiz, and not a checklist that promises any outcome.
Commonly reviewed
- Time in business and operating history
- Monthly and annual revenue
- Cash flow and business bank account activity
- Credit profile of the business and its owners
- Existing debt obligations and payment history
- Industry, location and intended use of funds
Worth keeping in mind
- Fixed installments work best with reasonably steady cash flow
- A longer term can lower the payment but may increase the total cost of financing
- Some providers ask for collateral or a personal guarantee
- Prepayment treatment differs by provider, so ask how early payoff is handled
- Documentation requirements vary; bank statements and tax returns are common
Submitting an application does not guarantee approval, funding, or any particular rate or term.
FAQs
Common questions
Straight answers about how this type of financing typically works and how our broker process applies.
How much can a business borrow with a term loan?
How long are typical repayment terms?
What documents are usually needed?
Does applying through ClickFundBiz affect my credit?
More options
Explore other financing options
Not sure this is the right fit? Compare other ways businesses finance their goals, or tell us in your application and we can help you narrow it down.
Let's find financing that fits your business.
One application. Multiple possibilities. Start when you're ready. There's no obligation to accept any offer.
Financing options are provided by participating financing providers and are subject to their eligibility requirements, approval and terms.