Loan Amount
$5,000-2,000,000
Loan Term
1-5 Years
Loan Time
Time to Funds
As Little as 24 Hours
Loan Interest
Interest Rate
As Low as 6%
Reconsolidate your Small Business Debts
We all love a classic because it’s tried and true. The same goes for a business term loan—it’s a stable, flexible way to refinance your working capital, grow your business, and build your credit. If you’re craving a simple small business financing solution to give you room for growth and alleviate some pressure, this is it.
What is a Term Loan?
A term loan provides a borrower with a lump sum of money designed to refinance and consolidate existing business debt. This loan is then repaid at regular intervals over a set amount of time, also referred to as the loan term. Interest rates on term loans can be fixed or floating and can start as low as 6%.
How can you use a business term loan?
Business term loans are set up to meet pretty much any business need, no matter how unique. You can leverage your loan to refinancing existing short term capital, high-interest credit cards, and more.
How to Apply for a Business Term Loan?
You could do it the hard way, where you spend upward of 29 hours completing a bank application, or you can do it the Caddie Capital way, where you fill out a single 15-minute application to compare offers from our curated network of 75+ lenders. If you have funded with us on one of our other products – then it is a simple update of information and we immediately start the process.
Enjoy Predictable Payments
A business term loan typically comes with a fixed interest rate or flat fee. That means your payments will stay constant over the lifetime of your loan term (1–5 years). These terms enable you to easily calculate how much financing your business can afford to ensure you keep up with your monthly payments until the loan is repaid.
