Term loans are fixed-rate loans with stable monthly payments. They are faster and less strict than SBA loans but they can also have a higher interest rate.

The term of the loan depends on the qualification of the client and the programs of the lender. However, they can go from 5 to 30 years and they are considered a very good alternative for SBA loans due to its efficiency and ease of application.

SBA

What is it? The gold standard. Loans backed by the Government with low interest rates and long repayment terms.

Use it for: debt refinancing and working capital (operational expenses, marketing, hiring, etc.)

USDA

What is it? The ideal loan for rural companies/projects that goes up to $25M. With very low interest rates and long repayment terms.

Use it for: Working capital, all types of payments: insurance, principal and interest, rent, taxes, etc. 

Commercial Real Estate

What is it? Loans for refinancing or purchasing commercial real estate.

Use it for: any type of commercial real estate transactions for refinance and purchasing.