Small Business Term Loans
Success, your determination, and know-how can make it happen. Our small business loans can help you along the way.
How May We Help You? Contact Our Team
Every business has goals to reach.
Most small businesses have big dreams, and plans to turn those dreams into reality, but don’t yet have the money to get there. Maybe you found an opportunity that you can’t pass up. Or perhaps there is equipment that you need in order to operate more efficiently. You might be so close to already achieving those goals, you just need some business financing to fund your progression.
TAB Bank offers small business loans that, when combined with your knowledge and skills, can unlock the door to opportunity and growth.
Small or Midsize Business (SMB) Loans Designed with Your Goals in Mind.
How to Get a Business Loan from TAB Bank
Do you run a small or midsize business? If so, you might be feeling like your options for small business financing are very limited. Fortunately, this is not the case at TAB Bank. With our online pre-qualification process – it’s never been easier to see if a business term loan is right for you.
Once you have completed the simple online application, a financial expert from TAB Bank will be in contact with you to help guide you through our various small business loan options and determine what solution fits your business needs. If you are matched and approved for a small business term loan, TAB will customize the loan term and build a practical repayment plan to help you confidently pay the loan back, with fixed payments spread across the duration of the loan.
What is a Business Term Loan?
Flexible terms? Check. Low-interest rates? Check. A business term loan is financing with a pre-determined repayment schedule in exchange for a lump sum of cash upfront. The loan funds can be used for many business activities, including buying new equipment, purchasing inventory, and investing in real estate.
If you are a small or midsize business that is looking for a funding source to promote growth and increase profit – you may be interested in a business term loan from TAB Bank.
We specialize in business loans for applicants that have excellent credit as well as to those who don’t. Other factors will be looked at such as income of your business and length of operating time for your business. You’ve got nothing to lose and everything to gain – so apply today.
“Is a Term Loan Right for Me?”
You might be thinking, “There are a lot of business financing options out there. How do I know if a term loan is best for me?” Don’t worry, we’ll help you!
Term loans deliver your loan amount—small or large—upfront, with a payment schedule and term based on the nature of the asset(s) financed, credit score, and the financial status of your business. At TAB Bank, term loans are easy to customize because we understand that your situation and business goals are unique, and the terms of your loan should reflect that.
Other capital lending options from TAB Bank include lines of credit, asset-based lending, A/R financing, and equipment financing. These financing solutions often involve using assets as collateral in exchange for business credit. If your company does not have eligible assets to leverage as collateral, or if your company is needing a lump sum upfront and ability to pay back over time, term loans are a great option.
If you are ready to take your business to the next level, apply today to get pre-qualified for a flexible, low-interest term loan.
Quick Funding
We work fast to process your application and provide funding if approved.
Flexible Terms
Choose repayment options that work best for you and your business.
Larger Loan Amounts
Get as little as $30,000, or up to $300,000 in funding.
Lower APRs
We offer highly competitive interest rates.
Drive. Passion. Knowledge.
You’ve got what it takes to grow your business.
Small business loans from TAB Bank can make it happen.
TAB Bank provides smart business loans with flexible terms designed to fit your company needs. Need a $30,000 loan? We can help. How about a $300,000 loan? We can do that, too. TAB Bank is a one-stop financial partner your business can rely on for access to capital resources that help you grow your business and turn a greater profit. Now is your time. Check off those boxes and start reaching those goals. Keep grinding for success with a little assistance from your friends at TAB Bank.
Time, dedication, heart, soul, and a little elbow grease. At TAB Bank, we understand exactly what it takes to build a business from the ground up, because that’s how we started back in 1998. In addition to offering some of the best small business loans you’ll find in the industry, we also provide other business financial services, including:
Frequently Asked Questions
How do small business loans work?
Small business loans work to grant you access to the capital needed to reach your goals. The first step is to start the application process and get approved for your loan. Once the loan amount and terms have been determined and agreed upon, you will receive a lump sum amount and will repay the loan according to the loan repayment schedule.
How much money can a small business borrow?
The amount of money a small business can borrow will depend on a handful of factors, including but not limited to the purpose of the loan, length of the term, forecasted and actual financial health of your business, company credit score, and any collateral used.
TAB Bank specializes in offering small to medium-sized enterprises the financing solutions they need, with business term loans ranging in size from $30,000 to $300,000.
What credit score is needed for a small business loan?
While you may find some lenders won’t do business with you if you have a poor credit score, TAB Bank prides itself on helping businesses from a range of financial backgrounds achieve their goals. Whether you have stellar credit or a score that needs some work, you can start the pre-qualification process today.