Term Loans2023-09-18T20:19:52+00:00

Get a Term Loan Today!

Get a quick lump sum of cash upfront


$25k – $1MM


1 to 5 Years


As few as 48 Hours



About Term Loans

A long term loan which is paid back with regular payments over time, including interest. This type of loan is extremely flexible and can be used for almost any business purpose. A mortgage is the best known example of a term loan.

  • Purchase of inventory
  • Purchase of shopfront or warehouse space for a retail or wholesale operation
  • Vehicles and radios for a courier company

If you’re ready to start but still don’t know who to work with, turn to Cashifi!

We utilize our expansive network of vendors and a relationship-driven approach to get your business the funding it needs when you need it.

Cashifi Facilitated Loans
0 Million
Dollars Loaned Through Cashifi

Frequently Asked Questions

How do I qualify for a Term Loan?2023-03-30T19:22:14+00:00
  • Minimum credit score: 620
  • Minimum years in operation: 2
  • Minimum revenue: $100,000 annually
Is a Term Loan the most common?2023-03-30T19:22:57+00:00

Yes, the most common type of business loan, traditional term loans are what most people think of when they look for a loan. The bank or other financial institution loans you a lump sum of money, usually secured against collateral, and you pay that money back, principal and interest, with regular payments over a set time period. Interest can be fixed or variable, depending upon the amount of the loan and what the loan is for. The most common type of term loan, and the one we’re all familiar with, is a mortgage for a home or commercial property. Term loans work the same way.

While these loans usually come from a bank, there are other lending institutions available. Big Think keeps a comprehensive list of these lenders. Some lenders will only deal with certain types of businesses, while others focus on specific geographic areas.

If you qualify for this type of loan, you can use the money for anything your business needs, from equipment to expansion to covering short term cash shortages.

What are the Benefits and Drawbacks of a Term Loan?2023-03-30T19:23:59+00:00


  • Set payments at regular intervals
  • Can be used for a wide variety of purposes
  • Relatively low interest rate
  • Long repayment schedule


  • Lengthy application process
  • May carry early payment penalty
  • Variable interest rates may increase

No matter who you are, we’ve got what you need.

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