Business Term Loan – Short & Long Term Business Loans

Business Term Loan 

We go beyond lending—we're your dedicated financial partner in success. 

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Advantages of Business Term Loans 

Running a business comes with financial challenges, and waiting weeks for traditional loans isn’t always an option. With same day business funding, you get:

Predictable Monthly Payments  : With fixed repayment terms, you’ll always know how much you owe each month, making it easier to manage cash flow. 

Competitive Interest Rates : Loans start at just 4.99%, making them a cost-effective way to finance your business needs. 

Higher Loan Amounts : Unlike other funding options, short term business loans and long-term financing allow businesses to borrow up to $25 million. 

Improves Business Credit : Making on-time payments helps build your business credit profile, making it easier to secure future financing. 

No Revenue Sharing  : A business term loan does not require you to give up a percentage of daily sales. 

Quick Access to Capital  : Unsecured loans can be funded in as little as 2 days, while secured loans take about a month, helping you seize business opportunities fast. 

About Us

Short & Long Term Business Loans Partner 

Next Level Funding provides fast, reliable, and flexible financing solutions to help businesses grow and succeed. We specialize in business term loans, short-term business loans, and long-term financing, offering funding options tailored to your needs. 

Our goal is to simplify business financing by offering a streamlined process, minimal paperwork, and funding in as little as 2 days for unsecured loans. 

As your trusted business funding partner, we are committed to helping businesses across the USA achieve financial stability and long-term success. 

Types of Business Term Loans 

Short Term Business Loans

A business loan short term is ideal for companies needing quick capital to manage immediate expenses. These loans typically have terms ranging from 1 to 3 years, making them perfect for: 

Purchasing new inventory

Managing seasonal demand fluctuations 

Covering emergency expenses 

Financing short-term projects 

With a fast short term small business loan, you can secure funding quickly without long-term debt obligations. 

Long Term Business Loans

For businesses requiring larger capital for strategic growth, a long term business loan provides extended repayment options and lower monthly payments. 

Business expansion projects

Acquiring new real estate or commercial properties 

Large-scale renovations 

Refinancing high-interest debt

The average business loan term depends on factors such as creditworthiness, revenue, and industry type. Our team will work with you to find the best financing option for your needs. 

Business Term Loan Details and Eligibility 

Loan Amounts : $25,000 - $25MM

Loan Amounts : $25,000 - $25MM

Interest Rates : 4.99% - 24.99% 

Term Length : 1 - 5 years 

Repayment Structure : Fixed monthly payments 

Funding Speed : As fast as 2 days for unsecured loans, 1 month for secured loans

Who Qualifies for a Business Term Loan? 

To apply for a loan, businesses must meet the following criteria: 

To apply for a loan, businesses must meet the following criteria: 

Credit Score : Minimum 680 FICO 

Business Age : At least 2 years in operation 

Profitability : Must show positive cash flow after accounting for expenses 

Repayment Ability : Borrower must demonstrate liquidity and financial stability 

Required Documents for Application 

To speed up your approval, prepare the following documents: 

Last 2 years of Business and Personal Tax Returns 

Last 2 years of Profit & Loss Statements and Balance Sheets 

Most recent Profit & Loss Statement and Balance Sheet 

Business Debt Schedule 

Personal Financial Statement 

Last 6 months of business bank statements 

Driver’s License

How to Apply for a Business Term Loan 

Applying for a loan is fast and straightforward: 

Step 1: Submit an Online Application 

Complete our secure online form with basic business details. 

Step 2: Provide Required Documents 

Upload the necessary financial statements for loan evaluation. 

Step 3: Get Funded 

Upon approval, funds are deposited into your business account within 2 days (unsecured) or 1 month (secured). 

See what our clients are saying about us!

Funded 102k

Kenan made getting funding for my business expansion soooo easy! I would highly recommend them if you are ready to launch your business or expand it like me! Ask for Kenan, he was a super cool guy!

Funded 49k

Fixed my credit and got me funding. The team is very responsive and they offer a ton of services!

Funded 200k

Corey was phenomenal, walked me through and explained thoroughly all the ins and outs of the funding process I was unfamiliar with and had questions on. Super responsive and helpful!

Funded 70k

Shoutout to Damon Aleczander and the team! These guys have hlped me get several of my businesses off the ground. Theyre professional, theyre efficient, and these guys are the real deal! So if you need any help, this is definetly the place!

Funded 108k

The outstanding element in my opinion was the personalization and availability of the Team. I received promptly responses even at late hours and over weekend, got all my questions answered with transparency, testament of true partnership.

Funded 40k

Trey is the best! He helped set me up with everything I needed to start my business and get funding. Always reached out ahead of time, or would call you back as soon as you had questions. If you want to get a line of credit but don’t know where to start, Trey is the perfect person to contact.

Funded 49k

Trey made this process absolutely seamless and was there to support me every single step of the way. I needed money to invest and grow my business and I am so happy I chose to work with Trey!

Funded 40k

Trey is the most knowledgeable and professional person that I have worked with. He guided me through my entire funding journey with patience and excellent communication!! He is a pleasure to work with and I highly recommend their services

Funded 70k

Trey has been awesome to work with! He’s given great advice, walked me through a problem situation to get it resolved & I couldn’t be more grateful! Always responsive, knowledgeable & friendly! Would highly recommend him!

Funded 96k

These guys have been amazing I've been wanting to get my LLC business line of credit and since I had a great credit score it went really smooth. They walked me through the process and was there for me every step of the way. Thank you for such a great opportunity to better my life and now I can follow my dreams and my future looks so much brighter because of them. Thank you so much.

Frequently Asked Questions

Can I use a business loan for any purpose?

Yes! You can use it for: 

  • Business expansion 
  • Purchasing equipment 
  • Managing cash flow 
  • Hiring staff 
  • Investing in inventory 

 

What is the average business loan term?

The loan term depends on the type of financing but typically ranges from 1 to 3 years for short term business loans. 

Do I need collateral for a business loan short term?

It depends. Unsecured loans do not require collateral but may have stricter qualifications, while secured loans require assets such as real estate or equipment as security. 

What if I have multiple existing small business loans terms?

We review your Business Debt Schedule to determine your eligibility. If you have manageable debt and strong financials, you may still qualify.  

How does a business loan short term impact my credit score?

If you make on-time payments, it can boost your business credit score. However, late or missed payments can negatively impact your creditworthiness. 

Can I use a business loan to refinance existing debt?

Yes! Many businesses use term loans to consolidate higher-interest debt, reducing overall monthly payments and improving cash flow. 

Can startups qualify for business term loans?

Unfortunately, our loans require at least 2 years in business and a minimum 680 FICO score. If you're looking for business start-up funding, we can help explore alternative options. 

How long does it take to get approved for long term business loans?

Approval can take as little as 24-48 hours, with funding in 2 days for unsecured loans and up to 1 month for secured loans. 

Can I get a fast short term small business loan?

Yes! If you meet the eligibility criteria, funding can be approved within 2 days for unsecured loans and up to a month for secured loans. 

What factors determine my small business loans terms amount?

Lenders consider your credit score, business revenue, cash flow, profitability, debt load, and financial history to determine your loan amount.

Get the Funding Your Business Needs Today! 

Don’t let financial limitations hold your business back. No matter you need a business term loan for short-term or long-term Next Level Funding is here to help. Get in touch now! 

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Next Level Funding is committed to helping businesses grow by providing fast, flexible, and reliable funding solutions. With years of industry experience, we understand the financial challenges that businesses face, and we strive to make the funding process simple and stress-free.

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