Term Loans for Your Business
Grow your business with flexible term loans designed for small to medium-sized businesses. Get funded as soon as the same day you apply.
$5K - $250K
Loan amounts
Up to 24
Month terms
Same-day
Funding available
Complete the form to check your options without affecting your credit score.
What is a term loan?
A term loan is a traditional financing option that provides a lump sum of capital upfront, which is repaid with regular payments over a fixed period or "term." This loan type is ideal for established businesses looking to make significant investments in growth, equipment, or other large expenses.
Term loans offer the stability of predictable payment amounts and schedules, making budgeting and financial planning easier for your business. They typically feature fixed interest rates and monthly payment schedules, though some lenders may offer bi-weekly or weekly options.
At Tariff Business Loans, our term loans range from $5,000 to $250,000 with repayment terms up to 24 months. This provides the flexibility to fund substantial business initiatives while maintaining manageable payment terms that align with your cash flow.
Benefits of Tariff Term Loans
Higher borrowing limits
Access up to $250,000 to fund larger business initiatives, equipment purchases, renovations, or expansion plans.
Predictable payments
Lock in fixed payment schedules with no surprises, making it easier to budget and plan your business finances.
Fast funding
Get approved quickly and receive funds in as little as 24 hours to address time-sensitive opportunities.
How to apply for a term loan
Complete the application
Our streamlined process takes just minutes to complete, with minimal documentation required.
Get approved
Receive a decision quickly, often within hours of applying.
Receive your funds
Get your money deposited directly to your business bank account in as little as 24 hours.
How businesses use term loans
Term loans provide the capital needed for significant business investments and growth initiatives. Here are some common ways our customers use their term loan funding:
Equipment and technology
- Purchase new machinery or equipment
- Upgrade technology systems
- Replace aging vehicles or fleet
- Implement new software solutions
Business expansion
- Open new locations
- Renovate or expand current facilities
- Hire additional staff
- Launch new product lines or services
Financial management
Term loans can help stabilize your business finances and create a stronger foundation for future growth. Many businesses use them strategically to improve their overall financial position.
- Debt consolidation
- Refinancing existing loans at better rates
- Major inventory purchases
- Long-term marketing initiatives
Eligibility Requirements
Basic Requirements
- At least 6 months in business
- Minimum $10,000 in monthly revenue
- FICO score of 600 or higher (for business owner)
- Based in the United States
Documentation Needed
- Business bank statements (3+ months)
- Valid ID and proof of ownership
- Basic business information
- Business tax returns (for larger loan amounts)
Don't meet all these requirements? We may still have options for you.
Check Your OptionsFrequently Asked Questions
How much can I borrow with a term loan?
Our term loans range from $5,000 to $250,000, depending on your business's qualifications, revenue, and credit history. The exact amount you can borrow will be determined during the application process based on your business's financial health and repayment ability.
What are the repayment terms for term loans?
Our term loans offer repayment periods ranging from 6 to 24 months. You'll make fixed monthly payments over the life of the loan, making it easy to budget and plan for your business expenses. The specific term length will depend on factors like loan amount, your business profile, and intended use of funds.
How quickly can I get funded?
Many of our customers receive funding the same day they apply. Once your application is approved, we can typically deposit funds into your business bank account within 24 hours. The exact timing depends on when you apply, how quickly you provide any requested documentation, and your bank's processing times.
Are there any prepayment penalties?
No, we don't charge prepayment penalties on our term loans. You're free to pay off your loan early at any time without incurring additional fees. This gives you flexibility if your business performance exceeds expectations or if you want to refinance in the future.
Ready to grow your business with a term loan?
Apply now and get the funding you need in as little as 24 hours.
Apply Now