Small Business Loans
Turning Chances into Big Wins
Our term loans turn long-shot business possibilities into long-term gains.
Even Simpler Than You Think!
No endless paperwork, no long waits. Get the funds you need for your business fast, with flexible terms to match your business goals. It really is that easy!
All FundBetter Lending Programs offer…
- Get up to $2.5 million in working capital.
- Soft credit check with no effect on your credit score.
- Benefit from early repayment discounts.
- Unlock more funding after repaying 60% of your initial loan.
- Flexible use for a variety of business expenses.
Why Choose Small Business Loan?
The Vision
Kate has run a successful coffee roastery in a New England town for four years. Now, she’s ready to break into the commercial market, supplying high-end cafes and restaurants.
The Challenge
Kate won a $500,000 contract to supply custom blends for a luxury hotel. With $250,000 in costs and only $100,000 upfront, she faced a $150,000 gap.
How We Helped
We provided a $150,000 loan with a ten-month repayment plan, giving Kate the flexibility she needed, plus a two-month buffer.
How It's Going
Kate completed the project and secured two more contracts with upscale cafes. We’re now funding those ventures as her business grows!
Put Our Funding Solutions to Work
Find out how we’re helping businesses grow in many ways, in most every industry.
Construction
Over $80 Million Funded
Restaurant
Over $50 Million Funded
Retail
Over $65 Million Funded
Medical
Over $120 Million Funded
Transportation
Over $55 Million Funded
Services
Over $100 Million Funded
Purchase Equipment
Stay ahead with the latest tools.
Scale
Seize new opportunities quickly.
Cash Flow
Keep your business running smoothly.
Upgrade Facility
Enhance your workplace for everyone.
Marketing
Drive engagement and boost your brand.
Fulfill Orders
Deliver fast, exceed expectations.
Three Steps to Funding Your Future
1
Apply Online
Submit the easy online application, and within minutes, a Capital Specialist will call…
2
Get a decision
We’ll make our funding recommendation within 4 hours.
3
Receive your funds
You’ll receive a lump-sum payout within 4 to 12 hours. Spend it at your own pace, as you need it.
Case Studies
Advancing Medical Excellence
- Funding Amount: $720,000
- Industry: Healthcare
- Use of Funds: Equipment, Staffing, Patient Experience
Automation Growth
- Funding Amount: $480,000
- Industry: Manufacturing / Automation
- Use of Funds: Equipment, Staffing, Patient Experience
Delivery Service Expansion
- Funding Amount: $150,000
- Industry: Delivery Services
- Use of Funds: Expand Fleet
Construction Growth
- Funding Amount: $700,000
- Industry: Construction
- Use of Funds: Cash Flow
Medical Center
- Funding Amount: $1,200,000
- Industry: Healthcare
- Use of Funds: Renovations
Empowering Fitness
- Funding Amount: $300,000
- Industry: Health and Wellness
- Use of Funds: Marketing
Frequently asked questions
What Are the Different Types of Term Loans?
Term loans generally fall into three categories:
- Short-term loans: Typically repaid within 12 months or less.
- Medium-term loans: Often have repayment periods ranging from 12 to 36 months.
- Long-term loans: Can extend anywhere from 3 to 25 years, depending on the lender and terms.
How is a Term Loan Different from Other Loans?
A term loan has a fixed repayment period with scheduled monthly payments, while other loans, like lines of credit, offer more flexibility without a set timeframe. Term loans also often come with either fixed or variable interest rates.
Can You Give an Example of a Term Loan?
A mortgage is a common example of a term loan, providing a set time frame, such as 20 or 30 years, to repay the loan with either fixed or variable interest.
What Types of Businesses Typically Use Term Loans?
Term loans are especially beneficial for businesses with long-term investments, like purchasing equipment, securing permanent locations, or covering other startup costs.
Are There Any Fees to Apply for a Term Loan?
Many lenders offer no-obligation quotes for term loans without application fees. It’s a good idea to check with your lender to confirm any fees or costs involved in applying.
How Do Repayment Terms Work for Term Loans?
Repayment usually starts the month after your loan is disbursed, with set monthly payments for the term length. Some loans may have varying monthly payments if the interest rate is adjustable.
What Happens When a Term Loan is Fully Repaid?
Once the loan is paid off, your commitment to the loan terms ends, and you’re free from any further obligations related to that loan.
Effortless Business Funding, Fast and Simple
Get started with your application and join FundBetter’s family of forward-thinking businesses.
