Get A Business Term Loan Now
Empowerlend provides business term loans with flexible options to accommodate the unique needs of your business. Each funding option offers valuable features that can help you accomplish your goals.
- Term loans from
$5,000 to $750,000
- Decision as fast as 24 hours and funds in as few as 3 days
Term lengths from 3
months up to 5 years
Get a Term Loan made exclusively for small businesses
A business term loan is a lump sum of capital that you pay back with regular repayments at a fixed interest rate—this type of traditional financing is what most people think of when it comes to small business loans.
The “term” in “term loan” comes from its set repayment term length, which can range from a few months to several years depending on the type of loan. Therefore, although term loans can vary in length, the phrase “business term loan” is most often used to refer to loans with terms of one to five years.
Generally, business owners use the proceeds of term loans to finance specific, one-off investments for their small businesses such as real estate purchases, business expansions, debt refinancing, and more.
Business term loans are issued by banks, credit unions, and online lenders.
Get a term loan through
Empower Lend to:
Expand into new territories
Factor payroll extensions
Do large-scale inventory buyouts
Purchase new equipment
Fund product development
Qualifications for a Business Term Loan – Same Day Approval
*Based on past Empower Lend Customers