Predictable, Reliable Funding.
A term loan provides a lump sum of capital upfront, allowing you to make significant investments in your business immediately. With fixed interest rates and predictable daily or weekly payments, you can confidently plan your budget while driving major growth projects.
Built for Major Moves
Term loans are ideal for specific, high-cost investments that will generate long-term ROI. Because you receive the entire loan amount upfront, you have the immediate purchasing power to execute your strategic vision.
What are business term loans?
A business term loan provides a lump sum of capital upfront, repaid in fixed monthly installments over an agreed term. That structure makes it one of the most straightforward ways to fund a specific, one-time business need.
- Fixed monthly payments you can budget around
- Funds delivered in one lump sum
- Competitive fixed rates for qualified businesses
Is a term loan right for me?
What can a business term loan be used for?
Term loans are built for one-time investments: purchasing equipment, expanding or renovating your location, funding a new location, building inventory, or consolidating higher-cost debt into one predictable payment.
Do I qualify for a business term loan?
Qualification is based on your business revenue, credit profile, and time in business. Established businesses with consistent cash flow typically qualify for the best rates and terms — see the requirements below.
What types of businesses typically apply?
Term loans suit established businesses across almost every industry — manufacturers buying equipment, retailers opening new locations, contractors taking on larger projects, and professional practices expanding.
What are the different types of term loans?
Short-term loans (under 1 year) for quick capital, medium-term loans (1–3 years) for equipment and working capital, and long-term loans (3–10+ years) for major investments like real estate or large expansion projects.
Why choose a term loan with BFA Biz Cap?
Predictable payments
Fixed monthly installments make cash flow planning simple — you always know what’s due.
One lump sum
Get the full amount upfront so you can move on your purchase, project, or expansion immediately.
Competitive rates
Strong rates for qualified businesses — often cheaper than revolving or short-term alternatives.
Builds credit
Consistent on-time repayment strengthens your business credit for future, larger financing.
Business term loan advantages
- Fixed payments with no surprise rate changes
- Rapid funding for qualified businesses
- No dilution of ownership — you keep full control
Business term loan requirements
- [review] minimum FICO credit score
- [review]+ months in business
- Minimum monthly revenue of $[review]
- [review] months of business bank statements
Documents you’ll need to apply
- Last 3–6 months of business bank statements
- Business tax returns (most recent year)
- Profit & loss statement or YTD financials
- Business license and voided business check
- Valid owner identification
Common questions. Straight answers.
How do I apply for a business term loan?
Start on the term loan form page — it takes a few minutes. Our team reviews your application and matches you to the best term loan option.
How fast can I get funded?
Qualified applicants can receive funds within days of approval. Your timeline depends on how quickly documentation is provided.
Can I repay my term loan early?
Yes — most BFA Biz Cap term loans allow early payoff. Check your specific agreement for any prepayment terms at the time of signing.
What can I use a term loan for?
Equipment, expansion, inventory, renovations, refinancing higher-cost debt — nearly any legitimate one-time business investment.
What if my credit is less than perfect?
Credit is one factor among several. Businesses with strong revenue and cash flow may still qualify — apply and our team will review your full profile.
Is there a difference between a term loan and a line of credit?
Yes. A term loan gives you one lump sum with fixed payments. A line of credit lets you draw, repay, and reuse up to a limit as you need it.
With $1B+ funded and 15,000+ businesses served since 2009, BFA Biz Cap pairs you with the right term loan for your goals — with expert guidance from application to funding.
Funding for the Long Haul
In term loans funded for expansion
Growth projects successfully financed.
Empowering Major Milestones
A term loan is more than just capital; it’s the foundation for your next big leap. We partner with ambitious business owners to secure the lump-sum funding they need to confidently expand, build, and scale their operations.
Find the Perfect Fit for Your Timeline.
Bridge Term Loans
Need capital for a quick-turnaround project? Secure funding with repayment terms of 1 to 2 years, minimizing the total interest paid over the life of the loan.
Medium Term Loans
Our most popular option. With terms ranging from 2 to 5 years, these loans provide the perfect balance of significant capital and manageable payments for major purchases.
Long Term Loans
Designed for massive undertakings like business acquisitions or major real estate build-outs, offering extended terms to keep your regular payments low.
Equipment Financing
A specialized term loan where the equipment you are purchasing acts as the collateral. Enjoy lower rates and predictable schedules while putting new machinery to work.
Our Automotive Experts
Comprehensive Funding to Fuel Your Growth
Navigating business financing shouldn’t be a hurdle. Whether you need the flexibility of a line of credit, the stability of a term loan, rapid cash advances, or specialized tax credits, we provide the tailored strategies and hands-on support you need. We handle the heavy lifting of the funding process so you can stay focused on what matters most: running and growing your business.