aaron@ancasbc.com
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+9 72 053-2461445
11509 SW 90 Terrace
Miami, FL 33176
Term Loan
Term Loan
A long-term loan with a structured repayment schedule.
A Term Loan provides a lump sum of capital that is repaid over a fixed period through predictable installments. It’s a traditional and reliable financing solution for businesses planning larger investments such as expansion, renovations, equipment purchases, or inventory growth.
With clearly defined terms and stable payments, businesses can plan ahead with confidence.
💡 How it works
- Receive a one-time lump sum of capital
- Fixed monthly payments throughout the loan term
- Competitive rates ranging from 7.9% to 24.99%
- Repayment terms typically between 1–5 years
- Designed for businesses with strong credit profiles
📊 What determines your terms
- Industry type
- Intended use of funds
- Credit profile
- Business profitability
- Overall financial performance
📄 Required documentation
- Last 6 months of business bank statements
- Business tax returns for the past 2 years
- 1 year of personal tax returns
- Current debt schedule
- Personal financial statements updated within 60 days
- Balance sheet & P&L for deals over $800,000
🤔 Key questions
- Do you currently have active term loans?
- Have you successfully repaid previous loans?
- What is the primary purpose of the funding?
- How will the capital support business growth?
✔️ Good to know
- Approval may take approximately 2–3 weeks
- Offers some of the most competitive rates available
- Ideal for long-term investments with clear ROI
- Predictable payments help simplify financial planning
- If you don’t qualify, you can identify gaps and improve future eligibility