Term Loans
About Term Loans & How Does It Work
A term loan is a lump sum funding, repaid in fixed installments over a set period, often used for major expenses like equipment or business expansion. Term Loans can have a fixed or variable interest rate.
Benefits
- Traditional APR
- No Prepayment Penalties
- Monthly Payments
- Funding In As Little As 1–3 Days
Application Features:
Simple Application
No Cost Advisor
Top Industries:
Healthcare
Restaurants
Retail
Auto Repair
Construction/Contracting
Qualifications:
2+ Years in Business
$10,000+ Monthly Gross Sales
660+ FICO Score
Paperwork Needed:
Signed Application
4 Months Business Bank Statements
At Silver Crest Finance, we help businesses unlock capital through strategic financing solutions. With a vast network of over 50 lending partners, we’ve helped businesses across the U.S. and Canada access the funds they need to grow, operate, and thrive.
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Term Loans
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