Altough SBA Loans are considered the "gold standard" in business financing, not all borrowers can qualify for the various SBA Loan Program options. Sometimes, funds are needed more quickly and timing can be an issue. SBA loans can typically take 30 - 45 days to process, underwrite and close, while non-SBA Bank Term Loans can close in 5 - 7 days.

Bank Term Loans can be used for the following:

  • Business Expansion/Growth
  • Refinance or Consolidate Business Debt
  • New Equipment Purchase
  • Working Capital

Bank Term Loans are typically re-paid in a shorter timeline that the typical 10-year terms on SBA Business Loan programs. If you are not quite ready for an SBA Loan or need the funds quickly, a Bank Term Loan may be the best options for you!

Get Your Loan Quote!

Submit form to connect with a lender

Bank Term Loan Highlights

  • $30K - $200K Loan Requests
  • 2 - 5 Year Repayment Terms
  • Fixed Interest Rates From 6.99% to 26.99%*
  • Monthy Repayment Schedule
  • No Pre-Payment Penalties

Bank Term Loan Qualifications:


  • 2+ Years In Business
  • Business Owner's Must Be US Citizen or Legal Permanent Resident
  • Busines Owners Must Have Personal Credit Score of 640
  • Cash Flow From The Business Must Support Loan Payment

*Interest rate depends on loan term and the applicant's credit and financial profile.

Loan Proposal Issued In 24-48 Hours Guaranteed!

At 1st Commercial Lending, we pride ourselves on guiding each client through the often challenging and confusing process of Business Financing. Our Business Loan Advisors have over 35 years of combined lending experience and will work with you to evaluate the financial feasibility of the opportunity you are considering.

To speak with one of our business loan advisors and learn more about the Bank Term Loan program, call us TOLL FREE at (800) 341-6199 or click here to get started online.

What Our Clients Have To Say

  • 1st Commercial Lending helped me in finding the best terms that I was able to get from any lender, and then saw the process through all the way to closing the deal, capably answering all of my questions and concerns along the way.

    Of all of the lenders that I came across in this search, I found David to be the most knowledgeable and resourceful; he had thorough knowledge of his industry.

    If you have a need for financing the purchase of an agency I would highly recommend that you put 1st Commercial Lending on the "short list" of lenders that you need to give strong consideration to working with.

    Ron Tinnerman - Tinnerman Ins. Agency

Recent Closings


Ask an expert

To speak with a Business Loan Advisor Call Us: (833) 201-4039 or