Proof, Not Promises
We've Funded Term Loans Across Every Industry
$250K term loan to open a second location. Fixed monthly payments made budgeting easy. Funded in 5 days. Second shop hit profitability in month 4.
Result: $250K funded → 5 days → profitable in 4 months
$350K SBA term loan for a second restaurant location. 10% down, 10-year term, $3,800/month. Bank wanted 25% down. Marketplace lender understood restaurant economics.
Result: $350K funded → 10% down → $3,800/month
$500K term loan for facility expansion. Added 10,000 sq ft of production space. Fixed payments at $8,200/month over 7 years. Revenue increased 60% within 18 months.
Result: $500K funded → 60% revenue increase
$300K for second location buildout. Equipment + renovation + working capital bundled into one term loan. Fixed $5,100/month. Second location broke even in month 3.
Result: $300K funded → break even month 3
$500K for partner buyout. Founding partner retiring. SBA 7(a) with 10% down instead of draining the firm’s reserves. 10-year term, predictable payments.
Result: $500K funded → smooth transition → reserves intact
$400K term loan to buy the shop they’d been renting. Mortgage payment is $3,200/month — $800 less than they were paying in rent. Building equity instead of paying a landlord.
Result: $400K funded → saves $800/month → building equity
“Opened our second auto shop with a $250K term loan. Fixed payments at $4,200/month made it easy to budget. Shop was profitable by month 4. Should have done it two years ago.”
David T.
Auto Repair Shop Owner | San Antonio, TX
Qualification Estimator
See What You Qualify For in 60 Seconds
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See What You Could Qualify For
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Estimated Approval Range
Based on 100-150% of monthly revenue
No hard credit pull · No obligation · Estimate only
Full Transparency
The Real Cost of a Term Loan — No Surprises
Shorter term = less total interest. Longer term = lower monthly payment. Match the term to your cash flow.
Based on $200K term loan. Your rate depends on credit profile, revenue, loan purpose, and time in business.
Want to run YOUR term loan through the numbers?
Monthly payment, total cost, payoff timeline — calculated in 30 seconds. No signup.
Calculate Your Term Loan Cost →Honest Comparison
Honest Comparison: Term Loan vs LOC vs SBA
Bobby's take:
A term loan is the right product when you know exactly what you need and exactly how much. Second location? Partner buyout? Facility purchase? Fixed amount, fixed payments, done. Don't use a term loan for ongoing cash flow — that's what a LOC is for. And if you can wait 60-90 days and have strong financials, check SBA first. But if you need to move in the next 2 weeks, a term loan through our network is your fastest path to real capital.
— Bobby Friel, Basecamp Funding - Founder
Need a term loan over $1M? Our commercial team can structure your financing across multiple products — often at a lower blended rate than a single large term loan.
Talk to a Commercial Specialist →Fear Removal
Every Objection Answered
Can I pay it off early?
Most term loans in our network allow early payoff — many with no prepayment penalty. Some SBA loans have a 3-year prepayment penalty window. We’ll tell you the exact terms before you sign. If early payoff matters to you, we’ll prioritize lenders that offer it.
What if the investment doesn’t pay off?
That’s a real risk — and it’s why we help you run the numbers before you borrow. A $250K term loan at 9% over 5 years costs $4,152/month. If your expansion generates $10K/month in new revenue, you’re net positive $5,848/month. If the math doesn’t work, we’ll tell you.
Why not just use an SBA loan?
SBA loans have the best rates (5-8% APR) and longest terms (up to 25 years). But they take 30-90 days, require 10-20% down, and deny 55% of applicants. If you qualify and can wait, SBA is the cheapest option. If you need funds in under 2 weeks or don’t meet SBA requirements, a marketplace term loan fills the gap.
I need more than $500K — is that possible?
Yes. Our network funds term loans up to $5M. Amounts over $500K typically require stronger financials — 2+ years in business, $50K+ monthly revenue, and a clear use of funds. SBA 7(a) loans go up to $5M with competitive rates for qualified borrowers.
Are the rates negotiable?
Not directly — but here’s what works better: we send your application to 70+ lenders simultaneously. They compete for your business. Competition drives rates down more effectively than negotiation. Strong revenue, good credit, and clear use of funds get you the best offers.
How long does approval take?
Marketplace term loans: 3-10 business days from application to funding. SBA term loans: 30-90 days. For amounts under $250K with strong financials, we’ve funded in as fast as 3 days. Having your financials organized speeds everything up.
Simple Process
How a Term Loan Works
Tell us how much you need, what it’s for, and your ideal term
60-second application — no documents yet
70+ lenders review your profile (soft pull only)
Specialist calls with your best offers — rates, terms, monthly payments
Accept, sign, and get funded — as fast as 3 days
Right Fit?
Who a Term Loan Is For — and Who It's Not For
Great Fit
Not the Right Product
Full Transparency
What Kills Your Term Loan Application
You Likely Qualify If
Red Flags That Cause Denials
Pre-Qualify Now
Don't Wait Until the Opportunity Passes — Pre-Qualify in 60 Seconds
Second locations, partner buyouts, and facility purchases don't wait. Pre-qualify now so when the right opportunity appears, you can move — not wait 6 weeks for a bank.
See What You Could Qualify For
Slide to your average monthly bank deposits.
Estimated Approval Range
Based on 100-150% of monthly revenue
No hard credit pull · No obligation · Estimate only
FAQs
Term Loan FAQs
Business Term Loans — $50K to $5M, Fixed Payments, 70+ Lenders
A term loan is the simplest product in business lending. You borrow a fixed amount, make fixed monthly payments, and it's done. No draws, no revolving, no daily ACH debits. That predictability is why term loans are the right tool for big moves — second locations, partner buyouts, facility purchases, and major renovations. Run the numbers on our term loan calculator before you apply. You'll see exactly what your monthly payment looks like at different rates and terms.
We fund term loans for every industry: auto repair shops opening second locations, restaurants expanding into new markets, manufacturers adding production space, attorneys funding partner buyouts, med spas building out new facilities, and construction companies buying the shops they've been renting. One 60-second application, no hard credit pull, and a specialist reviews your options within the hour. $50K to $5M, funded in as fast as 3 days.
Term loans often fund facility improvements, equipment purchases, and business expansion. If you need commercial coverage for your new location, equipment, or business assets, our sister company InsuranceService365.com provides business insurance across 29 states.
The Only Risk Is Not Knowing What's Available to You
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See What You Qualify For →No hard credit pull · Free to check · Nationwide