Business Term Loans

An easy and affordable method of financing business expansion.

See How It Works!

Benefits of a SmartCap Business Term Loans.

The most popular method for small businesses to get the money they need to make sizable capital projects is through business term loans. Most likely, you’ve heard of them as “small business loans.” Because we have access to a variety of lenders with fixed and variable-rate alternatives and terms to fit your unique funding needs and cash flow, SmartCap is the best option for a business term loan.

Rapid approvals

Within 2 hours!

Quick money

Receive the money you require immediately.

No need for a personal guarantee

Funding ranges from $10,000 to $2,000,000.

Low costs

Compared to many other small business financing choices, you gain from lower loan fees and bigger borrowing limits.

Versatile programs

You have the option of flexible terms ranging from three months to as long as ten years, as well as the predictability of a fixed rate or potential savings with a variable rate that fluctuates with the market.

How It Works

You get a lump sum payment upfront when you take out a business term loan with SmartCap. You repay it over a predetermined term with regular installments (length of time).

 

The interest component of your monthly payment may be constant (at a fixed rate) or variable (at a variable rate) over the course of the loan term. The most popular loans are those with fixed rates since they provide predictable budgeting and steadiness. Periodically, a variable rate will fluctuate, typically in tandem with the prime rate. Depending on the program, you might be able to repay your loan early without incurring penalties, which would save you a lot of money.

 

To be eligible for a business term loan, you must have great credit. However, compared to other small company finance options, they typically have the lowest fees, largest loan amounts, and longest periods.

Does a business term loan make sense for me?

A business term loan from SmartCap can be your best option for financing if you need to make a sizable investment to expand your company and have a good credit history.

These longer-term loans are frequently utilized to finance significant capital investments that can raise your revenue potential, like new machinery or more inventory. A single loan with a lower rate, smaller payment, and a longer duration can be used to consolidate debt with higher interest rates. They are not intended to address urgent financial issues like maintaining cash flow amid a lull in company.