A fixed sum, a fixed schedule, and a number you can model.
The payment doesn’t move for the life of the loan, which makes this the easiest capital on the site to model.
- Amount
- $25,000 – $500,000
- Term
- 1–5 years
- Speed
- Often 3–10 business days
- Cost to apply
- $0
What it is
You borrow a set amount and repay it on a schedule, usually monthly, over a set period. That’s the whole structure. It’s the most conventional thing on this page and the easiest to put in a budget.
It rewards a project with a knowable payback: a second location, a build-out, a hire that unlocks capacity you’re already turning away.
When it fits
- The use is a project, not a gap. Something with a return you can estimate before you borrow.
- You want a number you can budget. Same payment in month one and month thirty-six.
- Two years of history and reasonable credit. The file underwrites on cash flow, so the trend matters more than the peak.
- The sum is large enough that a short-term structure would be punishing to service.
What it is not good for
- The gap recurs. If you’ve needed short-term money twice this year, a line will cost less over twelve months.
- You pay on the full amount from day one whether or not you’ve deployed it.
- Prepayment may save less than you assume. Read that clause. We read it before you sign.
The part most sites leave out
Questions we get on this one
How fast can this fund?
One to three business days to an offer on a complete file, then one to two days to funding after you sign.
Will it hurt my credit to apply?
No. There’s no credit pull at intake. Credit is checked once you’ve a specific offer and you authorise it in writing.
Do I need collateral?
It depends on the size. Smaller facilities are frequently unsecured; larger ones take a general lien on business assets.
Can I get one with under two years of history?
Sometimes, on a shorter first term that refinances up after six to nine months of clean payments. It’s a stepping stone rather than a no.
What documents do you need?
Three to six months of business bank statements to start. Returns and a debt schedule come later if the file goes to a bank rather than a non-bank lender.
Common in
- Restaurants & food service Thin margins, daily receipts, and equipment that fails at the worst possible moment.
- Retail Inventory is bought months before the season that sells it.
- Auto repair & service Parts and diagnostics are bought before the ticket is paid.
- Cleaning & facilities services Payroll goes out weekly. Commercial contracts pay monthly, at best.
Is this the right instrument for you?
That's the advisory question, and it needs your numbers rather than a web page. Send three to six months of statements and we'll tell you which structures your file actually supports.