- Receive a lump sum in as little as 24 hours*
- Terms from between 6 months to 10 years
- Rates as low as 6.99%* with flexible payment options
What is a Business Term Loan?
A Term Loan is a convenient way to get the funding you need to grow your business, with a competitive fixed interest rate, and a variety of repayment terms.
What could your business do with a term loan?
Pay off debt faster. Consolidate higher-interest credit cards and other debts and pay the balance with a fixed interest rate and monthly payments.
Make improvements. Use your loan to improve your workspace, whether it’s upgrading your kitchen, office or something else.
Fund big purchases. Whether it’s new technology, equipment, or inventory, a Loan can help you get what you want when you want it.
How you use the funds is up to you!
Grow your business. Get up to $4 million in fast funding.
Get funding in as little as 24 hours
Terms ranging between 6 months and 10 years
Rates that can’t be beat – as low as 6.99%*
No pre-payment Penalties
What do I need to qualify?
6+ Months
500+
$150K
Get started with ease
Step 1. Apply in minutes
Minimum documentation is required and applying won’t affect your credit score.
Step 2. Review offers
A dedicated representative will help you select the best offer for you.
Step 3. Get funds
Once approved, term loans funds in as little as 24 hours.
Business Term Loan FAQ
What factors influence the interest rates and terms of business term loans?
Interest rates and terms for business term loans are influenced by factors including your business’s credit score, financial health, loan amount, and repayment term. Shore Funding Solutions tailors rates and terms based on these factors to fit your specific business needs.
What types of businesses are eligible?
Shore Funding Solutions offers business term loans to a wide range of businesses. Eligibility typically depends on factors like business revenue, creditworthiness, and time in business.
Can I use a business term loan for equipment purchases?
Yes, you can use a business term loan from Shore Funding Solutions to purchase equipment, along with other uses such as expanding operations, renovating facilities, or managing large projects, making it a versatile funding option for business investments.
Can I pay off my business term loan early?
Yes, Shore Funding Solutions allows early repayment of your business term loan, which can help reduce overall interest costs.
Join the thousands of businesses that Shore Funding has helped!
4.8 rating based on 450+ reviews