Growth Capital
Term Loan
Predictable, amortizing capital for known-cost investments — expansion, hires, marketing pushes, or refinancing higher-cost debt. Fixed payments, clear payoff date.
Overview
What is a Term Loan?
A term loan is a lump-sum advance with a defined repayment schedule and payoff date. It's the most predictable way to finance a specific, known-cost project.
Because payments are fixed, term loans are well-suited to investments where the return is stable and quantifiable — expansion, renovation, planned equipment, refinancing higher-cost balances, or executing on a defined growth plan.
Best For
Operating businesses with a defined growth investment or refinancing need.
Common Uses
Best for these business needs
How it works
A clear path from application to funding
- 1
Apply
Short application with the amount and purpose of financing.
- 2
Document review
Business financials and bank statements.
- 3
Underwriting
Cash-flow, credit and use-of-funds review.
- 4
Offers
Compare structures, rates and terms from matched lenders.
- 5
Funding
Sign, close, and receive funds — typically within days.
Eligibility
Qualification considerations
Eligibility varies by lender and financing program. The items below are general considerations, not guaranteed approval requirements.
- Time in business
- Typically 2+ years operating history.
- Revenue
- Demonstrated revenue sufficient to service the requested payment.
- Credit profile
- Owner credit reviewed alongside business performance.
- Use of funds
- Clear, business-purpose use of proceeds.
Documents
Documents you may need
Exact documentation depends on loan size, lender and use of funds.
- Business bank statements (typically 3–6 months)
- Business tax returns (for larger loans)
- Interim financial statements
- Business debt schedule
- Owner ID and information
Benefits
Why businesses choose it
- Predictable fixed payment
- Clear payoff date
- Faster than SBA when speed matters
- Sizeable loan amounts available
Considerations
What to think about
- Fixed obligation regardless of monthly revenue
- Personal guarantee typically required
- Prepayment terms vary by lender
- Rate and term depend on credit profile
FAQ
Frequently asked questions
Disclosure. Business term loans are originated by lenders in Mosky Capital's network. Rates, terms and structures vary by lender and credit profile.
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Learn moreReady to explore your financing options?
Start an application or speak with a senior underwriter to structure the right capital for your business.