Business Term Loan
Structured Financing for Your Business Goals
At SCG, we understand that every business has unique needs and challenges. That’s why our Business Term Loans are designed to provide the capital you need for significant investments and long-term projects. Whether you’re planning to expand your operations, purchase new equipment, or address cash flow needs, a term loan can help you achieve your business goals with confidence.
What is a Business Term Loan?
A Business Term Loan provides a lump sum of funding upfront, repaid over a fixed term with predictable monthly payments. It’s an ideal solution for businesses requiring a substantial amount of capital to finance specific initiatives without disrupting cash flow.
Key Features of SCG’s Business Term Loans
Fixed Repayment Schedule: Predictable monthly payments make budgeting easy.
Lump-Sum Funding: Receive the full loan amount upfront to cover your immediate business needs.
Flexible Loan Terms: Loan amounts and repayment periods tailored to your business goals.
Competitive Rates: Transparent terms with no hidden fees.
How Can a Business Term Loan Help You?
Our term loans are perfect for funding a variety of business needs, including:
Business Expansion: Open a new location, renovate your space, or scale your operations.
Equipment Purchase: Invest in new machinery, technology, or tools to enhance efficiency.
Inventory Management: Purchase bulk inventory or seasonal stock to meet demand.
Working Capital: Maintain cash flow during slower periods or unexpected disruptions.
Debt Refinancing: Consolidate higher-interest debts into a single, manageable payment.
Why Choose SCG for Business Term Loans?
At SCG, we make financing simple and stress-free:
Fast Approvals: Get approved quickly so you can focus on running your business.
Personalized Service: Our team works with you to find the best solution for your needs.
Trusted Expertise: With years of experience, we’ve helped countless businesses succeed.
Flexible Terms: Loan amounts ranging from $10,000 to $500,000 with repayment terms up to 5 years.
Qualification Requirements
Getting started with an SCG Business Term Loan is straightforward. To qualify, you’ll need:
1. A minimum of six months in business.
2. A consistent monthly revenue stream.
3. A FICO credit score of 600 or higher (exceptions considered).
4. Three recent months of business bank statements.
How It Works
1. Apply Online: Complete our simple application form with your business details.
2. Get Approved: Receive a decision quickly, often within 24 hours.
3. Access Funds: Once approved, the lump sum will be deposited directly into your account.
4. Repay Over Time: Enjoy predictable monthly payments with terms that work for your budget.