Fast Access to Capital
Move forward with a streamlined application and review process.
TERM LOANS
Flexible BusinessTerm Loans to HelpYour Business Move Forward
Access business financing with a straightforward application, clear review, and monthly payment terms designed to support your growth goals.
See My Options
- Clear review
- Monthly payments
- Funding for growth
Monthly Payments
Structured monthly payments help you plan around your business needs.
Simple Process
Start with business information and supporting documents for review.
Use Funds Your Way
Put capital toward expansion, equipment, inventory, or other business goals.
What Is a Term Loan?
A term loan provides your business with a lump sum of capital upfront that is repaid over an agreed-upon monthly payment schedule.
Term loans can be used to fuel growth, purchase equipment, expand operations, or cover other major business expenses.
With set monthly repayment terms, term loans offer more predictable monthly payments compared to some other financing options, making it easier to plan ahead and manage cash flow.
Loan amounts, monthly repayment terms, and qualifications vary based on your business profile and the funding provider’s requirements.
Learn More About Term LoansCOMMON USES
How Businesses Use Term Loans
Business financing to help support larger goals and planned growth.
Equipment
Purchase or upgrade essential equipment.
Expansion
Open new locations or grow operations.
Inventory
Stock up and meet demand.
Hiring
Hire and retain top talent.
Renovations
Improve or expand your business space.
Working Capital
Support daily operations and manage cash flow.
THE PROCESS
A Simple Path to Funding
Get the capital you need in just a few easy steps.
- 1
Apply Online
Complete a short, secure application.
- 2
Quick Review
We review your information and determine which available options may fit.
- 3
Review & Sign
Review the offered amount, monthly payment schedule, total repayment, and conditions before accepting.
- 4
Receive Your Funds
Once approved and documentation is completed, funding can be arranged according to the provider timeline.
Basic Requirements
Our term loans are designed to be accessible to a wide range of businesses. Minimum requirements typically include:
6+ Months in Business
Consistent Monthly Revenue
Active Business Bank Account
Valid Business Information
Term Loan FAQs
How quickly can I get funded?
Funding timing depends on your business profile, completed documentation, and the provider’s review process. Coral keeps you informed about the next steps.
What are the repayment terms?
Term loans use monthly payments. Review your monthly payment schedule, total repayment, fees, and conditions before accepting an offer.
How much can my business qualify for?
Available amounts depend on revenue, cash flow, business history, existing obligations, and provider requirements. A review helps identify options your business may qualify for.
What can I use the funds for?
Funds can support the business uses shown above. Permitted uses depend on the financing product and agreement; review any restrictions with your provider.
What documents are required?
Start with business information and recent business bank statements. Additional financial records, identification, or other underwriting documents may be requested.
Is a term loan right for my business?
A term loan may suit a planned business investment when monthly payments fit your cash flow. Compare the total cost and monthly repayment terms with other available options.
Ready to Explore a Term Loan?
Get started today and see your options in minutes.