Fast, Flexible Term Loans to Fund Your Next Big Move
Access up to $2M with flexible terms tailored for your success.
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A Quick Look at Term Loans ⓘ
$25K–$2M
Loans Range
$261,364*
Average Loan Amount
Qualification
Based on Application
Tailored Support
Dedicated Funding Specialists
*Based on all transactions of term loan from January 2025 - December 2025.
What are the Benefits of a Term Loan?
A term loan arranged by Biz2Credit can be the engine that can take your small businesses to the next level of growth. A term loan from Biz2Credit provides a lump sum of cash to be paid back with interest at various intervals until the contract is fulfilled. This money provides young small businesses with the ability to scale and strengthen their cash flows at the most pivotal moments in their growth history. Additionally, our repayment plans are agreed upon before the loan is funded, giving small businesses an easy way to incorporate the scheduled repayments into their future budgets.
We offer short-, medium and long duration terms loans (ranging from 3 months to 5 years) according to the unique needs of your business. A term loan from Biz2Credit provides up to $2 million to enable small businesses to reach their next level of growth with flexible terms and repayment structures. The proceeds of the loan can increase cash flow, enabling small businesses to market new products, hire additional staff, increase inventory, purchase new equipment, or any other need to help the business.
Why is Biz2Credit Better??
Choosing a financing provider can be a trying experience for small business owners. Traditional banks offer term loans but often have arduous lending requirements that include high credit scores, written business plans, and mountains of paperwork.
At Biz2Credit, we don’t burden small business owners with stifling term loan application requirements, and our funding amounts are generally bigger than many of our competitors. We also offer short-, intermediate- and long-term duration term loans tailored to the specific needs of your small business.
Biz2Credit Offers
- Fast funding decisions: We offer a streamlined digital application process and a rapid underwriting decision.
- Less back-and-forth: Our lending platform offers automated document collection plus real-time status updates.
- End-to-end support: We have a team of small business financing experts ready to provide support from offer to funding with clear guidance throughout.
Our term loan product offers flexible terms and is specifically designed to help strengthen cash flows and enhance long-term growth.
Why Choose Biz2Credit?
- Time: we provide fast decisions and funding through automation plus optimized workflows
- Scale: built to handle high volumes without losing responsiveness
- End-to-end management: one platform from application to servicing—fewer handoffs
- Higher match rate: multiple products + pathways improve approval outcomes
- Transparency: real-time status visibility; fewer black-box steps
How to Apply for a Term Loan with Us
Create Your Biz2Credit Account
Sign up and provide a few key business details.
Submit Your Application
Complete a short form about your business, funding needs and general plans on what you plan to do with your funding.
Receive Funding Decision
Once reviewed, we'll let you know your application status.
What are our Requirements?
While we can’t guarantee approval, our minimum requirements for approval for a term loan are generally less rigid than a traditional bank and even some of our online competitors. Our minimum requirements are:
-
At least $250,000
Annual Revenue
-
650 or higher
Credit Score
-
Minimum of 15 months
Time in Business
What You Need To Apply for a Biz2Credit Term Loan
Before applying for a term loan from Biz2Credit, it’s important to know what we are looking for. The process doesn’t have to be complicated—having the right documents and information can expedite the process.
Here's what you’ll usually need to provide:
1. Basic Business Information
Biz2Credit requires your business name, structure (LLC, corporation, sole proprietorship, etc.), EIN, industry, and the number of years you’ve been in operation to prove that your small business is an established one.
2. Business Bank Statements
Biz2Credit requires the last 6 months of your business bank statements. These records provide us with a snapshot of your cash flow and monthly revenue. Biz2Credit wants to get an idea of whether your business generates consistent income to support loan repayments. Strong, steady cash flow is one of the clearest indicators that your business is financially healthy. If you have negative cash flow months, don’t get discouraged, because with us, it’s not just about numbers. One of our small business lending experts would be happy to listen to the circumstances surrounding your negative cash flow months and carefully consider this in the application process.
3. Credit Score (650 Minimum)
Your credit score reflects your borrowing and repayment history. Both FICO and business credit scores may be reviewed, especially if your business is relatively new. High credit scores demonstrate that you’ve managed debt responsibly in the past.
4. Tax Returns and Legal Documents
Tax returns are used to verify income and financial stability. Depending on your business structure, we may also require supporting documents such as business licenses, articles of incorporation, or ownership agreements. These records give us confidence that your business is legitimate and compliant.
5. Explanation of How Loan Proceeds Will be Used
Biz2Credit wants an explanation on what the proceeds of the term loan will be used for. Biz2Credit will need a general explanation of how you will use the proceeds of a loan for two reasons - first, we want to make sure you're borrowing thoughtfully and have a roadmap for repayment.Second, we want to help your business succeed and grow. Knowing how you plan to use borrowed money helps us in creating a customized loan that is specific to your unique needs.
6. At Least 15 Months in Operation
Biz2Credit is willing to work with businesses that are at least 15 months old. This demonstrates to us that you already have a strong track record, and allows us to help you take your business to the next level of growth.
What Can You Do with a Business Term Loan?
Our term loans are designed with flexibility in mind, making them a powerful tool for your business. If you're approved, you can use the funds to grow and sustain your business.
Here are some common ways businesses make the most of a term loan from Biz2Credit:
Expand Operations
If you’re opening a new location or upgrading the location you currently have, a term loan can help you accomplish your vision for your business.
Purchase Equipment
Term loans give you the opportunity to invest in new equipment, potentially enhancing output potential. The advantage of a term loan is the ability to spread out payments over time.
Managing Seasonal Cash Flow
If you operate a seasonal business, a term loan may be able to help manage any swing in revenue your business may experience.
Who Needs a Business Term Loan?
Our term loans are designed to support a range of business needs, including:
- Any type of small business in virtually any industry can use a term loan to take advantage of growth opportunities. The proceeds can be used to hire new employees, purchase additional inventory, fund a marketing campaign for a new product or service, or open new locations.
- Seasonal small businesses. Seasonal businesses such as retail stores, restaurants, and small construction companies can use a term loan to fund operations during their offseasons.
- Small businesses that rely on equipment. Small businesses such as agricultural companies or small manufacturing companies that rely on expensive machinery to operate can use a term loan to purchase new equipment or make major repairs and maintain existing equipment.
- Professional services firms such as small law firms, doctor’s offices and accounting firms can use a term loan to maintain cash flow during sudden downturns in revenue and unexpected emergencies. These can include unexpected executive changes; a lease being suddenly broken, or a rare, extreme weather event that causes damage to facilities.
How Do Term Loans Work?
Term loans give your business a lump sum for various uses, including to fund expansion, equipment purchases, or operational stability. You repay the loan in fixed installments over a set period.
Each payment includes principal and interest, keeping your payment schedule predictable and easy to budget. Biz2Credit offers secured term loans, and a strong credit profile can help you get better terms.
In short, our term loans offer upfront funding with structured repayment schedules, which is ideal for businesses that want clarity and control when budgeting their expenditures.
Tips to Strengthen Your Term Loan Application
Getting approved for our term loans is easier when you know what we are looking for. Focus on these key areas to strengthen your application.
- Improve Your Credit Score
- Organize Financial Documents
- Clarify Your Loan Purpose
- Reduce Existing Debt
Your credit score reflects how reliable you are with repayments. Both personal and business credit can influence your chances. If your score is low, pay off outstanding debts, avoid late payments, and correct any errors on your credit report. A better score may help you secure a term loan with us with more favorable terms.
Have your tax returns, balance sheet, and profit-and-loss statements ready. It may improve your approval chance if you can show a clear picture of your business health. Clean, well-documented records build confidence and reduce delays.
Be specific about how you'll use the term loan, whether it's for new equipment, marketing, or cash flow support. A vague reason can raise red flags. A clear plan shows you've thought it through and are investing in growth, not just plugging short-term gaps.
If you already have loans or credit lines, try to pay down some of that balance. A lower debt-to-income ratio improves your financial standing and makes your term loan request look more manageable. It also signals that you're not overextended.
Trusted by Thousands of Small Business Owners in America.**
Simply because we get what you go through to build a business you believe in.
**Disclaimer: All stories are real, as told by real business owners. Customers do not receive monetary compensation for telling their stories.
From One Entrepreneur to Another: We Get You
We understand what's behind building a business you believe in.
All stories are real, as told by real business owners. Customers do not receive monetary compensation for telling their stories.
Term Loan Articless
FROM THE KNOWLEDGE CENTER*
*This information is provided for general information only ⓘ, does not constitute financial advice, and does not necessarily describe Biz2Credit commercial financing products.
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Frequently Asked Questions
Here are a few questions commonly asked about term loans:
1. What is a business term loan?
2. How much can I borrow with a business term loan from Biz2Credit?
At Biz2Credit, we provide term loans to qualified applicants between $25,000 and $2 million, with terms between 3-60 months.
3. How do you qualify for a small short term loan?
4. How long does it take to get approved for a business term loan?
5. What are the advantages and disadvantages of a term loan?
6. How do I apply for a business term loan?
Term Loans are made by Itria Ventures LLC or Cross River Bank, Member FDIC. This is not a deposit product. California residents: Itria Ventures LLC is licensed by the Department of Financial Protection and Innovation. Loans are made or arranged pursuant to California Financing Law License # 60DBO-35839