Lump Sum
from $5K-$450K
24-Month
maximum repayment term
Predictable
daily or weekly payments
Grand Funding Business Term Loan
What is a business term loan?
A Business Term Loan secures your company with a one-time lump sum of capital that is repaid over a defined period. With structured repayment schedules and consistent payment amounts, term loans offer the predictability many business owners prefer when planning for growth, expansion, or major investments.
Grand Funding offers term loans ranging from $5K to $500K for qualified businesses, with repayment terms of up to 24 months. Our streamlined application process makes it simple to apply, and we provide clear, upfront details about your repayment structure so you know exactly what to expect. With personalized guidance from our funding advisors, you can secure financing that aligns with your business goals.
Benefits of an Grand Funding Term Loan.
Pay Only for What You Use
Access the funds you need, when you need them. Financing costs are applied only to the amount you draw — not your full credit limit.
Fast Access to Funds
Once approved, funds are deposited directly into your business account so you can move quickly when opportunities or expenses arise.
Support Your Business Credit Profile
Responsible repayment can help strengthen your business’s financial standing and support long-term growth.
What Can a Grand Funding Business Term Loan Be Used For?
Whether you're investing in expansion or strengthening day-to-day operations, a term loan provides structured financing to help move your business forward with confidence. A Grand Funding Business Term Loan is designed to help cover significant, one-time investments that support your company’s growth and operations, including:
- Buying real estate for expansion
- Renovating your space
- Purchasing or upgrading equipment
- Managing payroll or hiring new employees
- Launching a marketing campaign
- Restocking your inventory
Understanding How Business Term Loans Works
A business term loan provides your company with a fixed amount of capital upfront. After approval, you receive the full loan amount and agree to repay it over a predetermined period, known as the loan term. Repayment is made through scheduled payments that may include principal and financing costs, allowing for predictable budgeting. The application process typically involves submitting basic business information along with financial documentation for review. Once approved, you’ll receive clear details outlining your repayment schedule, total cost, and term length — which can range from several months to a few years depending on the structure.
Before finalizing any agreement, it’s important to review the repayment terms and ensure they align with your business’s cash flow. Grand Funding offers structured repayment options designed to support stability and growth. Responsible, on-time payments may also contribute positively to your business’s overall credit profile.
Simple Steps to Secure Funding
Begin Your Application
Our simple online process is designed to make applying straightforward and efficient.
Review Your Options
Connect with a dedicated funding advisor who will help you explore and select the financing solution that best fits your business needs.
Access Your Funds
Complete your agreement digitally and move forward with confidence. Once finalized, funds are disbursed according to your approved terms.
Are you eligible? Our minimum requirements
- 12 months in business
- Active business checking account
- $100K annual revenue
- 625 personal FICO® score
We speak small business fluently
No need to be a loan expert — our US based advisors guide you through the process from start to finish.
- (646) 722-8421
- Mon – Fri, 9 a.m. – 7:30 p.m. ET
Business Term Loan FAQs
Why do businesses get term loans?
What are some examples of how term loans can be used?
What is the interest rate for a term loan?
Interest rates vary based on your business profile, financial history, and the loan terms. A Grand Funding advisor will explain your specific rate upfront so you understand your costs before moving forward.
Is a business term loan the same as a working capital loan?
Not exactly. A term loan provides a lump sum payment that you repay over a set period. A working capital loan (like a business line of credit) provides flexible access to funds on an ongoing basis. Both help with business finance, but they serve different needs.
How long do term loans last?
Term loans are repaid over a defined period, or “term,” which can range up to 24 months depending on your approved agreement.
What other types of business loan options are available?
In addition to business term loans, Grand Funding offers business lines of credit designed for ongoing access to working capital and flexible financing solutions to support your cash flow needs.
Can I repay my Grand Funding Term Loan early?
Are payments fixed or variable?
With a business term loan, payments are typically structured and predictable. Your loan agreement will clearly outline your payment schedule so you know what to expect throughout the term.
Business owners like you love Grand Funding
See how Grand Funding has helped thousands of businesses succeed — on their own terms.
Maria G., Restaurant Owner Grand Funding made the process clear and straightforward from start to finish. Our advisor took the time to understand our business needs and helped us secure the right financing option. The structured repayment terms gave us the confidence to move forward with our expansion.
We needed capital to upgrade equipment and take on larger projects. Grand Funding provided a solution that fit our cash flow and business cycle. The transparency and guidance throughout the process made a real difference.
As a small business owner, stability is everything. The line of credit we received from Grand Funding has helped us manage seasonal fluctuations without stress. It gives us peace of mind knowing we have access to working capital when needed.