A traditional business term loan is a lump sum of capital that you pay back with regular repayments at a fixed interest rate. The “term” in “term loan” comes from its set repayment term length, which will typically be one to five years long. Most business owners use the proceeds of these types of loans to finance a specific, one-off investment for their small business.
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Apply online today to enjoy streamlined business financing with a business term loan. Deliver Capital is your trusted source for all of your companies financing needs to help grow your enterprise!