Your interest rate on a term loan is a fixed simple interest rate, starting as low as 4.8%, with no origination fees. It is determined by our Underwriting Team’s review on your business. This will be based off a variety of factors, including but not limited to - your personal FICO score, time in business, and cash flow.
The Term Loan will be provided in one lump sum. The payment structure will be a fixed weekly payment with a fixed interest rate over the course of 26 or 52 weeks.