Small business term loan
A term loan structured for your next move
A small business term loan gives you a defined amount of capital up front, repaid on a fixed schedule with a set rate. Use it for a one-time investment where you know the cost in advance: equipment, a build-out, an acquisition, or a planned hire. Capital Selector sizes and structures the loan around how your business actually earns, not around a generic credit box.
- A defined amount up front, funded once
- Predictable fixed payments and a known total cost
- Terms from short to long horizon, depending on the program
- Structured around your revenue and use of funds
Illustrative example
CS · 2026Term loan
$185,000
60 months · indicative
Example only. Not an offer of financing, a quote, or a credit decision.
What is a small business term loan?
A term loan is a fixed amount of capital repaid over a set period with a fixed or variable rate. You receive the full amount at closing, which makes it the right structure for one-time investments where the cost and timing are known up front. Common uses are equipment purchases, build-outs and renovations, acquisitions, refinancing more expensive debt, and planned expansion. Because the payment schedule is fixed, a term loan is easy to plan around.
What it gives you
Right-sized amounts
Scaled to your business profile and the specific use of funds.
Predictable schedule
Fixed payments and a known total cost from day one.
Transparent terms
Every fee and rate disclosed in writing before you commit.
Builds business credit
On-time repayment strengthens your business credit profile over time.
Frequently asked
Questions, answered plainly.
What credit score do I need for a business loan?+
Term loan programs exist across a wide range of credit profiles, from bank-grade to more flexible non-bank lenders, so there is rarely a single hard cutoff. What credit really changes is price and terms: stronger owner credit and longer history move you from fast, expensive money toward slow, cheap money. Exploring your options does not affect your credit.
Example
The same $150,000 need might cost one operator with a 760 score and five years in business roughly 10% over five years, and another with a 640 score and 18 months in business closer to 25% over 18 months. Same amount, very different total cost, driven mostly by profile.
How much can I borrow?+
Amounts depend on your revenue, time in business, credit, and the use of funds. Lenders generally want the payment to sit comfortably inside your cash flow, so they reason backward from what you can service, not just forward from what you ask for. Getting matched returns an indicative range built around your profile.
Example
A business with $80,000 in monthly revenue and healthy margins can usually service a far larger term loan than one with $80,000 in revenue but thin margins and existing debt, even though the top-line number is identical.
What are the interest rates?+
Rates depend on the lender, your profile, and current conditions, ranging from bank-grade at the low end to higher pricing for faster or more flexible non-bank programs. The honest framing: rate and speed usually trade off against each other. We show the real terms of what you match to, and never quote a rate before we understand your business.
How fast can I get the money?+
It depends on the program and how ready your documents are. Non-bank term loans can fund in a few business days; bank and SBA-backed loans take weeks because of their deeper review. The lesson worth internalizing: the cheapest money is almost never the fastest, so decide early whether your need is urgent or simply important.
Example
If a piece of equipment is on sale this week, a non-bank loan funding in three days may be worth its higher rate. If you are planning a build-out for next quarter, starting an SBA process now trades time for a materially lower cost.
Do I need collateral?+
Some term loans are secured by business assets, others are unsecured and priced for the added risk. Offering collateral typically lowers your rate because it reduces the lender's downside. Which path fits depends on your profile, the amount, and how you weigh cost against putting assets on the line.
What can I use a term loan for?+
Most programs allow general business use, and some are tied to a specific purpose like equipment or real estate and priced accordingly. Naming a concrete, revenue-generating use often improves the match, because lenders lend more comfortably against a clear return than against a vague one.
Small business term loans: a practical guide
A term loan is one of the most direct ways to fund a defined investment. Capital Selector starts from your use of funds, then builds the structure backward from how your business produces revenue. The match is based on fit, not on which lender happens to be most aggressive this quarter.
See what your business qualifies for.
One short conversation. The advisor matches you across the network.