Products
Term loan
Definition
A term loan is a lump sum repaid on a fixed schedule over a defined period, usually one to five years, with interest accruing on the outstanding balance.
The defining features are predictability and length. You receive the full amount at the start and repay in regular instalments until it is cleared. Because the term is long and the payment fixed, term loans are well suited to defined investments with a multi-year return.
They generally ask more of a file than short-term working capital — a longer trading history and a stronger credit profile — in exchange for a lower cost per dollar over the life of the facility.
Express Capital Funding · Direct lender
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We underwrite in-house and fund from our own balance sheet. $10,000+ in monthly revenue and 6+ months in business is the gate — a decision the same day, funding in as little as 24–48 hours.
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