Business Term Loans With Predictable Fixed Payments

What is business term loans?

A business term loan is the classic form of business financing: you receive a lump sum up front and repay it in equal installments over a fixed period. Because the payment never changes, term loans are the easiest product to budget around and typically carry the lowest cost of capital outside of SBA programs.

HL Hunt Funding works with a network of banks, credit unions, and online lenders to source term loans from $25,000 to $500,000. One application reaches multiple lenders, so you compare real offers instead of guessing which lender will say yes.

Term loans are a strong fit when you have a specific, high-return project: opening a second location, buying a fleet vehicle, or consolidating expensive short-term debt into a single lower payment.

How business term loans works

1. 1
   Pre-qualify

   Tell us your revenue, time in business, and how much you need. No credit inquiry.

2. 2
   Document review

   Share bank statements and, for larger amounts, tax returns or financial statements.

3. 3
   Compare offers

   See rate, term, monthly payment, and total cost for each option side by side.

4. 4
   Fund

   Sign and receive funds in 2–5 business days.

Best for

• Expansion and build-outs
• Large equipment or inventory purchases
• Refinancing high-cost debt
• Acquisitions

Pros and cons

Requirements to qualify

• 1+ years in business preferred
• $15,000+ monthly revenue
• 620+ FICO
• Bank statements and possibly tax returns

Requirements vary by funder. The fastest way to know exactly where you stand is to pre-qualify in two minutes — it is free and there is no credit inquiry.