Small Business Term Loans offer a different range of funding and longer terms than our Working Capital Loan options. They come with higher approval standards, though they remain more attainable than large, traditional bank financing for small businesses.
Small Business Term Loans
How Small Business
Term Loans Work
– It’s Really Simple
We’ll approve you for the maximum loan for which your business qualifies. Take as much of that as you can actively use now – and know that the additional funding is there if and when you need it1.
You also have the ability to pay in excess funds to reduce your balance, or request an additional draw if you need the extra funding – as you need2. Once again, you will only pay fees on the money you have actually accessed.
This allows you the freedom to manage your funding as you wish – and this flexibility means that you can react to changes in your business circumstances as they occur. You’ll have the comfort of knowing that Fastrak is always available to provide you with access to what you need, when you need it.
Up to $2M
Up to 30 Years
Easy as 1-2-3
Soon after approval
When to Consider Business Term Loans Through Fastrak
Are you looking for $50,000 to $350,000 with terms ranging from 12 to 36 months and no prepayment penalty? Business Term Loans are particularly well-suited for business owners looking to:
- Purchase equipment
- Buy out a partner
- Remodel or make major leasehold improvements
- Open a new location
- Expand into a new territory
- Launch a significant marketing campaign
- Hire several new employees
- Launch a new product or service
_____________ REQUIREMENTS FOR A SMALL BUSINESS TERM LOAN THROUGH FASTRAK FUNDING
Do You Qualify?
- You can be located in any of the 50 states and D.C. You just need to:
- Have revenues in the past 12 months of at least $350,000
- Be in business for at least 2 years
- Be profitable
_____________TAKE A LOOK
The Ease and Simplicity
of Our Process
Approval as Soon as
a Few Hours*
Funding as Soon as the
Business Day After Approval
If you’d like us to call you,
just complete this short form
For more information, contact one of our friendly and knowledgeable financing experts today. Give us a call today at: