Traditional Term business loan
Rates: Transparent. Fixed interest rates as low as 5.49% with monthly payments
Fees: Just one origination fee: 3.5–6.99% of the loan principal
Prepayment penalty: Nope.
Repayment term: 1–5 years Varies but typically less than 12 months Average around 5 years
Customer service: White glove service from your own loan specialist from day one
Underwriting: personal underwriter gets to know you and your business holistically
Approval time: In as soon as 10 days