Term Loans Apply Now

Get the right small business loan at the right time
When you need funds more quickly

LOAN AMOUNT: $30,000 - $500,000

INTEREST RATES: 6.99% - 26.99%

REPAYMENT TERM: 2 – 5 years

*Interest rate depends on loan term and the applicant's credit and financial profile.

What is the right loan at the right time for my business?

Low-cost SBA loans are considered the “gold standard” in small business funding because they have some of the lowest interest rates and lowest monthly payments available. However, not every business owner initially qualifies and some businesses need funds more quickly than even our streamlined SBA process can provide.
As a result, we worked with 7BC marketplace banks to offer our clients the next best loan option if you aren't quite ready for an SBA loan or need funds more quickly.

One application does it

There’s only one easy application to complete, whether you are applying for an SBA loan or decide to proceed with a Bank Term loan option. And our team of loan specialists are available online or over the phone to help you understand and navigate your options.

Current Bank Term Loans

Bank Term loans are term loans meant to be repaid in a shorter amount of time than the 10-year term of a typical SBA loan. This type of loan can be a great way to get the funds you need to successfully grow or maintain your business until you are ready for an SBA loan.
The following Bank Term loans are available through 7BC marketplace banks for working capital, debt refinance and new equipment purchase:

Loan Amount
$30,000 - $500,000

Variable Interest rate
7.50%±

Monthly repayments

Approval period
5-7 days

FICO score 680+

*Interest rate depends on loan term and the applicant's credit and financial profile.

Qualifications
2+ years in business
Business owners must be U.S. citizens or legal permanent residents
Business owners must have personal credit scores above 640
Cash flow to support loan payments

Get a loan