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Fast, Flexible Term Loans to Fund Your Next Big Move
Access up to $1M with flexible terms tailored for your success.
A Quick Look at Term Loans
$25K-$1M
$242,200
Based on Application
Dedicated Funding Specialists
Looking to Fast-Track
Your Business Growth?
Our term loans give established businesses the capital needed to grow.
Some popular reasons to seek term loans are:
Grow your
Business
Use for a broad
range of business needs
Free up
operational Cash flow
Potential tax benefits
A business term loan from Biz2Credit provides a lump sum of capital, repaid over a set period with fixed installments. Established businesses can use this financing solution to meet a wide variety of business needs, such as:
- Expand Your Business: Open new locations or renovate existing ones.
- Upgrade Equipment: Invest in the tools that drive growth.
- Manage Cash Flow: Cover day-to-day expenses with ease.
- Stock-up Inventory: Prepare for busy seasons or big orders.
- Fuel Growth: Fund marketing campaigns or new projects.
- Predictable Payments: Fixed repayment schedules make managing your finances simpler with short-term loans
- Upfront Funding: Access the entire loan amount quickly to invest in your business needs with short -term loans online.
- Fixed Interest Rates: Achieve stability during periods of fluctuating interest rates with affordable fixed rates tailored to meet your business needs.
While term loans provide incredible benefits, it's crucial to understand the potential challenges of this financing option:
- Repayment Commitments: Fixed payments require steady cash flow to meet your obligations.
- Eligibility Barriers: Credit scores below 650 or limited time in business may affect approval.
- Collateral Requirements: Depending on the loan size, securing your loan may require assets.
Business term loans can be used to meet a wide variety of business needs, such as:
- Expand Your Business: Open new locations or renovate existing ones.
- Upgrade Equipment Invest in the tools that drive growth
- Manage Cash Flow: Cover day-to-day expenses with ease.
- Stock Inventory: Prepare for busy seasons or big orders.
- Fuel Growth: Fund marketing campaigns or new projects.
Term Loans Customized for
Your Business Growth
Flexible term loans, expert guidance, and fast approvals—SiroCapital makes funding simple for your business to grow.
Flexible Repayment Options
Personalized Funding Guidance
Fast and Simple Qualification
The Funding Source Accounting Professionals Choose for Their Clients
Start providing financing to your small business clients by signing up for the CPA Business Funding Portal.
We're excited to work with SiroCapital to provide accounting firms a resource to help their clients receive business financing. The CPA Business Funding Portal is a cloud-based solution designed for CPAs to manage the business financing process for all their clients.
Is a Business Term Loan Right for You?
If your business does not meet these criteria, you will not be eligible for a business term loan with Biz2Credit. However, you may qualify for another funding product.
At least $250,000
or higher
How to Apply
for a Term Loan
Simple steps to secure your business term loan if you qualify.
Submit Your Application For Funding
Then complete the application by submitting documentation about your business's finances.
Connect With Your Funding Specialist
At any time during the process, connect with one of our funding specialists about your application. Your specialist can update you about your application status and eligibility for a Business Term Loan.
Get Qualified for a Term Loan
If your business qualifies for a term loan, you may be notified of your eligibility and term loan documentation requirements. Subject to final documentation requirements and eligibility review.
Term Loan Articles
Other Business Financing
from Siro Capital.
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Revenue-Based Financing
Fast and flexible financing for your business
Fast funding? that works for your business
A business term loan is a type of loan where a borrower gets a large amount of cash against specific lending terms. He can repay the amount as per a certain agreed-upon schedule with a fixed or floating interest. It is usually opted by small businesses to purchase assets or expand their operations. These loans are more popular than others as they offer more flexibility and lower interest rates. Lenders usually check for sound financial statements that indicate a borrower's creditworthiness. This type of financing usually requires certain collaterals to reduce the risk of default for the lenders. The duration for this type of loan can last anywhere between less than a year to twenty-five years.
At SiroCapital, we usually provide term loans to qualified applicants between the range of $25000-$1million, with an average loan amount of $279,000*. Qualified borrowers usually have a FICO of at least 650 and above with a business revenue of a minimum of $250,000. At Biz2Credit, the payment plans range from 12-36 months, giving businesses the extra flexibility they need to grow.
There are three criteria that a borrower needs to fulfill in order to be eligible for a business term loan – FICO rating, average business revenue and time in business. There are other elements too such as debt-service coverage ratio, collaterals, business plan and industry type. FICO ratings should be 650 or above, average business revenue should be a minimum of $250,000 and the company should be in business for at least 18 months.
The process for approval varies depending on the documents and eligibility. But we at Biz2Credit strive to provide quick funding. Once an applicant submits their application and required documentation, expect a prompt decision. That’s why it is critical for all applicants to ensure that their documentations are in order for the process to go smoothly.
Business term loans can be used for a variety of purposes, including expanding business, managing cash flow, purchasing equipment, or covering operational expenses.
At SiroCapital, we offer flexible repayment terms ranging from 12 to 36 months, with options for weekly or biweekly payments to suit your business's cash flow needs.
To apply, create an account on Biz2Credit.com, submit your application with the necessary financial documentation, and connect with a funding specialist to complete the process.
We've got your back for whatever business you run
You're here because you have big goals. Ours is to ensure businesses of all kinds are connected to fast and flexible funding solutions.
Behind our fast funding, reasonable rates and terms are human beings who keep an efficient, price-transparent environment top of mind.
We'll be direct about it.
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