A young man with a beard and tattoos on his right arm working behind a coffee counter in a cafe. He is wearing a white T-shirt with the name 'KAKUL' on it. The counter has stacks of coffee cups and commercial coffee equipment. The cafe interior features modern decor with hanging spherical light fixtures and large windows letting in natural light.

Business Term Loans

This structured repayment plan provides the small business with predictable, regular payments, allowing for better financial planning and cash flow management.

Why Trust Us?

Outline of a person standing next to a large orange dollar bill.

$10M+ FUNDED

Orange thumbs-up icon surrounded by six stars in a semi-circle, on a black background.

4.8 Star Review

Network of interconnected user icons symbolizing social media or online community.

25+ Lenders

What is a Business Term Loan ?

A term loan gives your business a lump sum of cash upfront. You then pay back the loan, with interest, in fixed monthly payments over a specific period of time, which is known as the loan term. This type of loan is a good option if you need a significant amount of money right away and want the stability of predictable payments.

A customer uses a Visa credit card to make a contactless payment at a white Square point-of-sale terminal, while a cashier is scanning or processing the transaction.
Interior view of a cozy cafe with wooden tables and chairs, a chandelier hanging from the ceiling, and framed artwork on a textured wall. A glass display case filled with baked goods is visible on the right.
A small vintage-style ice cream truck with the words 'The Little Cafe' written on the side, parked on a sidewalk next to a grassy area with a large tree and a white brick wall behind it.
Comparison chart of three funding options: 24HourFunding, Bank, and Direct Lenders, highlighting differences in paperwork, application process, number of lenders, service level, approval process, speed to funding, collateral requirements, business profitability, credit score, and credit check.

10 Reasons Why 24HourFunding Offers
the Best Small Business Financing

What You Need To Get Started

A person in a light-colored shirt writes on a stack of papers with a black and gold pen at a desk.

Minimum Qualifications

No Minimum Credit Score

At Least 6 Months in Business

$25,000 in Monthly Revenue

What You Need To Apply

Basic information about your business

6 months of business bank statements