What term loans can support
Consider a term loan for a defined investment with a clear business purpose.
- Expansion or a new location
- Renovations and capacity upgrades
- Larger purchases with a planned return
Business Loans
Business term loans for your next investment.
A business term loan provides a lump sum that is repaid over an agreed schedule. Businesses may use it for expansion, renovations, or larger purchases; the provider determines eligibility, repayment terms, and any collateral requirements.
Quick answer
A term loan provides a lump sum repaid over an agreed schedule, helping businesses plan larger investments around their cash flow.
No obligation to accept an offer. MerchantRunway is not a direct lender. We may connect applicants with third-party funding providers. Approval, terms, rates, and funding amounts are not guaranteed.
What providers review
Revenue, time in business, credit profile, financial statements, bank activity, and existing obligations can affect available options. Collateral or a personal guarantee may be required.
Compare the full offer
Review total repayment, payment frequency, fees, term length, collateral requirements, and early payoff treatment. Approval and terms vary by provider; funding is not guaranteed.
Documents usually needed
- Recent business bank statements
- Business identification and owner contact details
- Requested amount, intended use, and timing
- Existing funding obligations, if any
How approval is evaluated
Providers may review revenue consistency, deposits, time in business, industry, existing obligations, owner profile, and whether the requested capital fits cash-flow capacity.
View requirementsRelated funding options
Common questions
What do providers review?
Providers may consider revenue, recent business bank statements, time in business, credit profile, and existing obligations. Requirements vary by provider and funding type.
How long does review take?
Timing depends on the provider, the funding type, and whether your documents are complete. Approval and funding timing are not guaranteed.
Is MerchantRunway the lender?
No. MerchantRunway is a business funding marketplace that may connect applicants with third-party funding providers. There is no obligation to accept an offer.
Related resources
Related guides
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Ready to explore your funding options?
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Terms vary by provider