Long Term Loan

Term loan is a common form of long-term business funding. You get a lump sum of cash upfront to invest in your business and repay with interest over a predetermined time period. Best for businesses looking to expand that have good credit and strong business revenue. Offers fast funding typically within 2 days to a week.

Pros

  • Get a lump sum amount of cash to invest in
  • Borrow higher amounts
  • Get funding in 2 – 7 days

Cons

  • May require some type of collateral

Best for

  • Businesses looking to grow
  • Business owners with better credit and consistent business who can’t wait for funding

Our 3 Step Process

Fill out our Quick Application.

There are no fees or an obligation to apply. Fill out our streamlined online application form. You can also contact our Prosper Agents directly.

We Review Your Application.

We review your goals and present you with programs matching your needs, getting an offer from our network of reputed lenders, usually, within 24 hours.

Receive Funding.

Based on the program option that fulfills your specific funding needs directly into your bank account.

Apply for Free