Business-Term-Loan

Business Term Loan

Business Term Loan comes in different shapes and sizes for a small business. Business term loans can vary in the amount of time you have to repay them from 24 months to max 10 years. The averages are a 36-60 month term.

As long as your business has been operating for a minimum of 3 years under the current Tax ID/EIN Number, and the business is reporting a profit on the books for the last two years.

Moreover, the principals and the business have a good credit score with no tax liens or judgment issues. A Business Term Loan can be a great financing product for your business.

Whether through a large bank, your local community bank, or an independent term loan provider, Business Term Loan are on average your lowest cost of capital financing product.

FOR YEARS TROY GROUP HAS HELPED OVER 1,000 BUSINESSES GROW AND FUNDED OVER $250,000,000.