A business term loan delivers a lump sum of capital upfront, repaid through fixed monthly payments over 1 to 5 years. Predictable payments, defined end date, straightforward use of funds. For businesses needing substantial capital and value payment predictability, term loans often deliver the best total cost.
Direct Fast Funding structures term loans from $25,000 up to $5,000,000. Funds typically deploy within a few business days — dramatically faster than traditional banks (60-120 days).
What Term Loans Are Used For
- Major equipment purchases
- Renovations or build-outs
- Second location buildout
- Acquisition of competitor businesses
- Refinancing higher-cost existing debt
- Substantial working capital reserve
Qualifications
- Operating US business — minimum 6 months
- Monthly revenue $20,000+
- Credit score 500+ accepted
- Active business bank account
