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Contact us to learn more about Term Loans

Call us at (212) 931-6858 to speak to a loan specialist today.

Long-term financing with terms that will position you for growth

1

How funding works

  • A business with strong credit is provided with a long term loan at our lowest rates
  • Loan is paid off in monthly increments
  • Rate range: 7.9% – 24.99%
  • Loan is paid off over a period of 1-5 years

2

Rates are based on

  • Industry
  • The use of funds
  • Your credit
  • Overall financial health/profitability of the businesses

3

Ask Yourself

  • Are you currently receiving any term loan financing?
  • Have you successfully paid off any past term loans?
  • What do you intend to do with your term loan?

4

Required documents

  • 6 months most recent bank statements
  • 2 most recent years of business tax returns + 1 year personal
  • Debt schedule
  • Personal financial statements – updated within last 60 days (balance sheet and P&L for any deal over $800,000)

5

Good to know

  • Getting funded for a term loan is a more time-consuming process, usually taking between 2-3 weeks for an approval
  • Term loans offer the most generous loan rate available
  • In the event that you do not qualify for a term loan we will pinpoint the reasons and provide a plan to build you up for an approval down the line

Apply now!

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What our clients are saying about our solutions

Our Financial Solutions and Business Services support our clients as they stay competitive and grow to keep our nation’s economy alive.

Proud owner of a restaurant in California and was seeking capital to open a second location. My specialist at Premium Merchant Funding got me the exact dollar amount I needed to open, including renovation and equipment costs.

Harry R

Restaurant Owner
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Premium Merchant Funding helped us get the funding we need to get some upgrades done. With low rates we were able to borrow and pay back overtime and noticed how we got more customers as a result. Loan paid for itself in 1-2 years!

Marjorie K

Owns Small Insurance Company
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Professional PMF staff helped guide us through getting our first business loan to acquire extra space and buy more shelving for our retail store. The loan helped us get an immediate return within 4 months as we got more in sales and a few self-checkout registers so there is minimal wait time for the customers.

Jack L

Owns Retail Store
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Accelerate the growth of your business

Equipment finance. Small Business Loans. Merchant Cash Advance. Factoring.

100

Specialists

Over 100 funding specialists to keep you going

15

Financing options

15 financing options and small business products

$2M

Funding up to

Unsecured funding up to $2,000,000

48

Hours

Get funding in 48 hours

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