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Term loans

A lump sum up front, repaid in fixed installments over up to 60 months. Built for a known cost like a buildout, acquisition or major purchase.

One plan, one payment schedule, no surprises

Apply for term loansTalk to an advisor
See what you qualify forStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your advisor.

$10K$5M
How long have you been in business?
What's your average monthly revenue?

Total deposits into your business account in a typical month.

What's your personal credit score?

An estimate is fine. Applying won't affect your score.

Where should your advisor reach you?

We'll use this only for your application.

Term loans at a glance
Amount$10K – $5M
TermUp to 60 months
SpeedFunded within 24 hours of signing
PaymentsWeekly or monthly
Best forExpansion, buildouts, one-time investments

What businesses use it for

  • Open a second location
  • Renovate or build out a space
  • Acquire a competitor
  • Refinance costlier debt

How does a term loan work?

  1. 1

    Tell us what the capital is for and how much it costs.

  2. 2

    Your advisor structures an amount and term around your project timeline and cash flow.

  3. 3

    Review the full cost of capital, in dollars, before you sign.

  4. 4

    Receive the lump sum and repay on a fixed schedule. Early payoff options are available.

Why choose Credible Lending for a term loan?

Predictable payments

A fixed schedule makes the loan easy to plan around and easy to budget for.

Longer terms

Many online term loans stop at 12 months. Ours run up to 60, which lowers each payment.

Transparent pricing

You'll always know the total cost of capital before you commit.

Pairs with a line

Use the term loan for the project and a line of credit for day-to-day swings.

Term loans by industry

Related funding

Term loans questions

Something else on your mind? Ask an advisor.

How long are Credible Lending term loans?
Terms run up to 60 months. Your advisor matches the term to the useful life of what you're funding and to your cash flow.
Can I pay off a term loan early?
Yes. Ask your advisor about early payoff options when you review your offer.
What's the difference between a term loan and a line of credit?
A term loan is a one-time lump sum with a fixed repayment schedule, best for a known expense. A line of credit is revolving: you draw as needed and pay interest only on what you've drawn, which suits ongoing or unpredictable needs.

Ready to see your term loans offer?

Apply in about three minutes with a soft credit check. You'll hear back the same day.

Apply nowTalk to an advisor