What is a Business Term Loan?

A business term loan is a loan that your business receives in one lump sum, that you pay back in a predetermined payments with a fixed interest rate.

It’s always great to have options. With online credit opportunities, you can apply for all sorts of small business loans that fit your specific needs. However, these online options don’t always give you the simplicity that you need. Sometimes, you just need to keep it simple, but you don’t want to deal with the bank. With 24HR Fast Funding Capital, you can have the best of both worlds. Not all credit sources offer a simple business term loan, but we do. If a business term loan is the right choice for you, then contact us. Not sure if you need a term loan or another option? Don’t worry. We’ll help you find the type of financing that will work best for you and your business.


Rate: 5% to 15% (Term: 3 months – 10 years)
Amount: $10k to $5m
Speed: 7-15 days


  • credit score above 650 (680+ for startups)
  • Minimum Yearly Income: $50k – 75k. (Income might come from W2 Salary or distribution income, etc.).