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Business Term Loans

Business Term Loans

Term loans are what come to mind for most when thinking of a “traditional loan.”

With a term loan, you receive a set amount of funds, with a fixed interest rate, which you pay back over an agreed to amount of time.

Depending on the length of the repayment period, term loans can be categorized as short-term or long-term.
 
NOTE: Borrower MUST have previously funded a RBF with Momentum Capital.
 

Loan Size

$250,000 – $10MM 

Term Length

2 – 5 years

Interest Rates

7% – 18%

Payment Frequency

Monthly 

Funds In

4 – 6 Weeks

Qualifications

Minimum FICO

700+

Time In Business

2 years

Monthly Revenue

$75,000 – $100,000

Banking

Business Checking