Business Term Loan

Apply for a business term loan with Virtuous Funding and access funding from $5,000 – $500K to support your business goals.

Lump Sum

Access funding from $5,000 – $400,000

Flexible Term

Repayment periods up to 24 months

Predictable Payments

Fixed daily or weekly payments for easy budgeting

What is a business term loan?

A business term loan gives your company a set amount of funding upfront, which is then repaid over a predetermined period. With fixed or predictable payments and interest rates, these loans allow business owners to plan ahead and invest in growth with confidence.

At Virtuous Funding, eligible businesses can access term loans from $5,000 to $400,000, with repayment terms of up to 24 months. Our online application makes it easy to apply, and we provide clear information about costs along with personalized guidance to help you choose the right option for your business needs.

Key Benefits of a Virtuous Funding Line of Credit

No impact on your credit

Check your eligibility with a soft inquiry that does not affect your credit score.

Flexible access to funds

Draw from your line of credit as needed, giving your business reliable access to capital.

Strengthen your business credit

We report to business credit bureaus, helping you build your business credit history through timely payments.

What can a business term loan from Virtuous Funding be used for?

A business term loan from Virtuous Funding is designed to help small and medium-sized businesses cover larger, one-time expenses that support growth or operational needs. Whether you’re planning a major investment, upgrading your facilities, or expanding your team, a term loan provides the funds and predictable repayment structure to help you execute your plans with confidence.

These loans provide predictable payments, making it easier to plan and invest in your business’s growth with confidence.

Understanding a Virtuous Funing Rerm

A business term loan is a straightforward way to access the capital your business needs. Typically, you’ll complete an online application and provide basic financial information about your company. If approved, Virtuous Funding provides a one-time amount of funding that you repay over a fixed period, known as the “term,” which can range from several months to a few years depending on your loan.

Before finalizing your loan, review details such as the repayment schedule, interest rate, and any associated fees. Choose a loan option and repayment plan that aligns with your business’s cash flow and growth plans. With on-time payments, a Virtuous Funding term loan can also help strengthen your business credit history.

Funding that works when you need it

Apply Online

Check if you qualify without affecting your credit score.

Select the right option

An in-house advisor helps you choose the best funding for your business.

Get your Funds

Sign your agreement. Receive your money as soon as the same day.

Eligibility Check

1+

year in business

Business

checking account

$100k

annual revenue

625

personal FISCO score

FAQs: Business Term Loan

Why do businesses get term loans?

Business term loans are often used to cover significant expenses while maintaining steady cash flow. With fixed repayment schedules, they make it easier to plan for future costs. Businesses commonly use term loans for equipment purchases, facility renovations, staffing needs, or seasonal cash flow gaps. The flexibility of a term loan allows companies to manage industry-specific challenges while planning for growth.

What are some examples of how term loans can be used?

Term loans can support a variety of business needs, including:

Expanding or renovating your workspace
Covering temporary cash flow shortfalls
Purchasing equipment or technology

Buying inventory in bulk to save on costs
These loans help businesses make necessary investments without overextending day-to-day operations.

What is the interest rate for a term loan?

Interest rates vary depending on your business profile, creditworthiness, loan amount, and repayment term. Virtuous Funding reviews factors such as your business and personal credit, revenue, and financial health to offer competitive rates tailored to your situation.

Is a business term loan the same as a working capital loan?

While similar, a working capital loan is typically shorter-term and focused on covering everyday operational expenses or temporary cash gaps. A business term loan usually provides a larger sum with a longer repayment period, making it suitable for long-term investments like expansions or major equipment purchases.

How long do term loans last?

Term loans come with fixed repayment periods, commonly ranging from a few months to up to 24 months. This allows businesses to choose a schedule that aligns with cash flow and growth plans.

Smart Business Owners choose Virtuous Funding

See how Virtuous Funding has helped businesses access the capital they need to grow, manage cash flow, and achieve their goals.

Smart Business Owners choose Virtuous Funding

See how Virtuous Funding has helped businesses access the capital they need to grow, manage cash flow, and achieve their goals.

“Managing equipment upgrades and unexpected repair demands can strain cash reserves. Virtuous Funding helped us secure financing that made sense for our business model. The process was organized, and we always knew what to expect at each step.”

David L

“When new client projects came in, we needed additional working capital to bring on freelancers and expand our team. Virtuous Funding provided a funding option that supported our growth without disrupting our operations. Their team was responsive and clear in explaining everything.”

Carla G.

“In transportation, timing is everything. We needed capital to add vehicles to our fleet and keep contracts moving. Virtuous Funding structured a solution that aligned with our revenue flow and long-term goals. It gave us flexibility when we needed it most.”

Marcus T.

“Upgrading technology and improving patient experience required a financial partner we could trust. Virtuous Funding presented straightforward terms and walked us through the details carefully. The experience felt professional and transparent from start to finish.”

Stephanie H.

“Seasonal inventory demands can put pressure on cash flow. Virtuous Funding helped us access capital to prepare for peak sales periods. Having that support allowed us to focus on scaling our business instead of worrying about short-term gaps.”

Robert E.

Small business guidance you can trust

Our U.S.-based loan advisors are ready to help you every step of the way.