Commercial Term Loans
Small and medium-sized businesses face unique financial needs. We offer business term loans designed to support expansion, manage cash flow, or invest in new opportunities. Combining local market knowledge with a nationwide network of funding options, we provide financial solutions tailored to your business goals and timeline.
Ready To Expand?
Customized Financing for Local Businesses
Whether scaling operations downtown or strengthening your presence in suburban areas, our loan options reflect the realities of operating a small business. We focus on transparency and responsiveness to help your business grow sustainably. Our mix of financing options gives you access to funding that will help meet your specific needs.
Ready To Apply or Need More Info?
Fill out the form and get in touch with a loan agent. We can help you decide if an SBA loan is right for your situation and help you with the application process.
With our preferred lenders, we’ve made the process as streamlined as possible, reducing closing times and surprises. Most businesses are funded within 30 days of application.
What is a Commercial Term Loan?
A Business Term Loan is a traditional financing option that provides a lump sum of capital upfront, which you repay over a fixed term with regular payments. These loans are ideal for businesses that have a clear, one-time funding need such as expansion, purchasing inventory, or refinancing debt. Term loans usually come with fixed or variable interest rates and set repayment schedules, offering predictability for your cash flow planning.
At SMB Lender, we help small and medium businesses secure competitive term loans tailored to their industry, credit profile, and financial goals. Whether you need short-term funding or a longer repayment horizon, we work to find solutions that align with your business cycle.
With SMB SBA, LLC as your guide, acquiring a new business doesn’t have to be daunting or financially draining. Our SBA 7a lending expertise unlocks access to funding, minimizing your risk and accelerating your path to ownership.
Grow your future. Secure your legacy. Let’s build your business together.
Frequently Asked Questions
Answers to commonly asked questions about Commercial Term Loans.
1. What is the typical loan term for a business term loan?
Terms generally range from 1 to 5 years but can vary depending on the lender and loan purpose.
2. Can I use a business term loan for any purpose?
Yes, common uses include expansion, purchasing equipment, inventory, or refinancing existing debt.
3. What credit score do I need to qualify?
Most lenders require a minimum credit score of around 600, but requirements vary based on loan size and collateral.
4. Is collateral required?
Some term loans are unsecured, but larger loans often require collateral such as equipment or real estate. Most commercial term loans we fund are unsecured.
5. How long does it take to get approved?
Approval can take from 24 hours to a few days to a few weeks depending on documentation and lender requirements. Smaller term loans can get approved and funded quickly. Higher loan amounts typically take longer.