Predictable Payments.
Predictable Growth.
Fixed repayment schedule, lump sum deposit. Ideal for expansion, equipment, or any significant one-time business need.
No impact to your credit score to check eligibility
50+
Active Funders
$5M+
Max Funding
48 hrs
To Funding
0
Credit Impact
Avg. Funding
$150K
Same day ⚡
$150,000
FUNDED
Term 20 weeks
Industry Retail
www.onedaycap.com
subs@onedaycap.com
$250,000
FUNDED
Term 40 weeks
Industry Restaurant
www.onedaycap.com
subs@onedaycap.com
$500,000
FUNDED
Term 30 weeks
Industry Medical
www.onedaycap.com
subs@onedaycap.com
$75,000
FUNDED
Term 12 weeks
Industry Contractor
www.onedaycap.com
subs@onedaycap.com
$150,000
FUNDED
Term 20 weeks
Industry Retail
www.onedaycap.com
subs@onedaycap.com
$250,000
FUNDED
Term 40 weeks
Industry Restaurant
www.onedaycap.com
subs@onedaycap.com
$500,000
FUNDED
Term 30 weeks
Industry Medical
www.onedaycap.com
subs@onedaycap.com
$75,000
FUNDED
Term 12 weeks
Industry Contractor
www.onedaycap.com
subs@onedaycap.com
$150,000
FUNDED
Term 20 weeks
Industry Retail
www.onedaycap.com
subs@onedaycap.com
$250,000
FUNDED
Term 40 weeks
Industry Restaurant
www.onedaycap.com
subs@onedaycap.com
$500,000
FUNDED
Term 30 weeks
Industry Medical
www.onedaycap.com
subs@onedaycap.com
$75,000
FUNDED
Term 12 weeks
Industry Contractor
www.onedaycap.com
subs@onedaycap.com
$150,000
FUNDED
Term 20 weeks
Industry Retail
www.onedaycap.com
subs@onedaycap.com
$250,000
FUNDED
Term 40 weeks
Industry Restaurant
www.onedaycap.com
subs@onedaycap.com
$500,000
FUNDED
Term 30 weeks
Industry Medical
www.onedaycap.com
subs@onedaycap.com
$75,000
FUNDED
Term 12 weeks
Industry Contractor
www.onedaycap.com
subs@onedaycap.com
Discover a variety of funding options available for your business.
Bad Credit Business Funding
Access capital even with challenged credit. Our funders look at your business revenue and operations, not only your score.
$10K - $50K
Equipment Financing
Finance machinery, vehicles, or technology without a large upfront payment. Terms can match the life of the asset so you keep cash for day-to-day operations.
$25K - $5M+
Merchant Cash Advance
Get an advance tied to your daily sales or deposits. Repay as a share of revenue so payments move with your business. Same-day or next-day funding often available.
$20K - $5M+
SBA Business Funding
SBA 7(a), 504, and related programs offer longer terms and competitive rates. We help you learn how they work and get matched with options that may fit.
$50K - $5M+
Business Line of Credit
A revolving line you can draw from as needed. Use it, repay it, and use it again without a new application. Suits seasonal or ongoing capital needs.
$5K - $2M
Business Term Funding
Borrow a set amount and repay on a fixed schedule. Good for one-time needs like buying equipment or expanding. Payments stay consistent for planning.
$25K - $5M+
Revenue Based Business Funding
Funding sized to your business income, with repayments that flex with revenue. Built for short-term needs—seasonal gaps, inventory, or quick opportunities.
$20K - $10M+
Working Capital Funding
Use funds for payroll, inventory, rent, marketing, or operations. Apply online and see pre-approval in minutes; funding can be as fast as same day.
$20K - $5M+
Simple Process
Funding in 3 steps
01
Apply in 5 minutes
Answer a few questions about your business. No paperwork, no faxing, no branch visits.
02
See your offers
Our AI matches you with 50+ funders in real time. Compare rates and terms side by side.
03
Funds hit your account
Sign digitally and receive working capital the same day — often within hours.
Why OneDayCap
Built for speed.
Designed for you.
Same-Day Funding
From application to funded in as little as a few hours.
50+ Funders
The widest network of lenders competing for your business.
No Credit Impact
Checking eligibility uses a soft pull — zero effect on your score.
AI-Native Platform
Automated underwriting means faster decisions, less paperwork.
$10K – $5M
Funding for every stage — from early growth to major expansion.
100% Online
Apply from your phone, tablet, or computer. No branch required.
How Business Term Loans Work
A business term loan delivers a lump sum of capital upfront that you repay over a defined period — the "term" — with interest. Payments are fixed and predictable: the same amount, on the same schedule, every period. This structure makes term loans ideal for businesses that have a specific, planned use for capital and want certainty in their repayment obligations.
Unlike a line of credit (which revolves) or a merchant cash advance (which scales with revenue), a term loan is a straightforward borrow-and-repay structure. You know exactly what you owe, when you owe it, and what the total cost will be from day one.
- Apply with business financials and purpose of funds
- Receive a decision — typically 1–5 business days
- Accept your offer — loan amount, rate, term, and payment schedule
- Funds deposited to your business account
- Make fixed payments (monthly or bi-weekly) over the loan term
Business Term Loan Amounts and Terms
| Loan Tier | Amount Range | Typical Term | Best For |
|---|---|---|---|
| Small | $25,000–$100,000 | 12–36 months | Equipment, working capital, marketing |
| Mid-market | $100,000–$500,000 | 24–60 months | Expansion, renovation, hiring |
| Large | $500,000–$5M+ | 36–84 months | Acquisition, real estate, major capital projects |
Interest rates on term loans typically range from 7% to 30%+ APR depending on your credit profile, time in business, revenue, and the lender. Shorter terms generally have higher monthly payments but lower total cost; longer terms have lower payments but more interest paid over time.
Business Term Loan Qualification Requirements
| Requirement | Typical Range |
|---|---|
| Time in business | 2+ years (1 year minimum for many online lenders) |
| Monthly revenue | $20,000+ in gross deposits |
| Personal credit score | 620+ (660+ for the best rates) |
| Annual revenue | $250,000+ for larger amounts |
| Collateral | May be required for amounts over $250K (UCC lien or personal guarantee) |
| Documentation | Tax returns, P&L, bank statements, business plan for larger amounts |
Term Loans vs. MCAs vs. Business Lines of Credit
Understanding how a term loan compares to alternative funding structures helps you choose the right product for your situation:
| Feature | Term Loan | MCA | Line of Credit |
|---|---|---|---|
| Structure | Lump sum, fixed repayment | Lump sum, % of revenue | Revolving, draw as needed |
| Payment | Fixed monthly/bi-weekly | Variable (% of daily sales) | Only on what you draw |
| Cost metric | APR / interest rate | Factor rate (1.10–1.50) | APR + draw fees |
| Best for | Planned, one-time investment | Variable revenue, fast need | Recurring, unpredictable needs |
| Prepayment | Often allowed (some penalties) | No benefit (total payback fixed) | Pay down any time |
| Credit requirement | 620+ typical | 500+ typical | 580+ typical |
If you need a large, single capital investment and have good credit, a term loan is almost always the most cost-effective option. See also: Working Capital vs. Line of Credit comparison guide.
When a Business Term Loan Is the Right Choice
Term loans are the best fit when:
- You have a specific planned use: Expansion, renovation, acquisition, or a defined capital project with a clear budget
- You want predictable payments: Fixed monthly payments make cash flow planning straightforward
- You're creditworthy: With 620+ credit and 2+ years in business, term loans offer better rates than MCAs or short-term loans
- The investment has a long payback period: Multi-year terms align repayment with the revenue generated by the investment
- You want to build business credit: Term loans from reporting lenders build your business credit profile — MCAs typically do not
Frequently Asked Questions: Business Term Loans
What's the difference between a short-term and long-term business loan?
Short-term business loans typically run 3–18 months with higher rates and faster approval. Long-term business loans run 2–7+ years with lower rates but stricter qualification requirements. The right term depends on your use case: short-term for immediate operational needs, long-term for capital investments with multi-year return timelines.
Can I pay off a business term loan early?
Many online term lenders allow early repayment without penalty, or with a small prepayment fee. Traditional bank term loans more commonly include prepayment penalties. Always review the loan agreement for early repayment terms before accepting an offer.
Does a term loan affect my business credit?
Yes — most term loan lenders report payment history to business credit bureaus (Dun & Bradstreet, Experian Business). Consistent on-time payments build your business credit score over time, which can improve terms on future financing. This is one advantage term loans have over MCAs, which typically don't report to business credit bureaus.
What can I use a business term loan for?
Business term loans are generally unrestricted in use — expansion, equipment, inventory, marketing, hiring, renovation, refinancing existing debt, or working capital. Some lenders may restrict use for speculative investments. Real estate purchases typically require a separate commercial real estate loan or SBA 504.
How is a business term loan different from an SBA loan?
SBA loans are government-backed term loans with below-market rates and longer terms (up to 25 years for real estate), but they require 60–90 days to process and have strict eligibility requirements. Conventional term loans from online lenders fund in days, have more flexible requirements, and are better suited for businesses that need speed or don't qualify for SBA programs.
Trusted by owners
across the U.S.
Same-day funding. No fluff. Here's what our customers say.
"We applied on a Monday morning and had $80K in our account by noon. I didn't think same-day funding was actually real until it happened."
"Our restaurant needed new equipment fast. OneDayCap matched us with three offers within minutes. Closed in one afternoon."
"I'd tried banks before and got nowhere. This was the easiest business decision I've ever made. $55K funded in under 24 hours."
"We applied on a Monday morning and had $80K in our account by noon. I didn't think same-day funding was actually real until it happened."
"Our restaurant needed new equipment fast. OneDayCap matched us with three offers within minutes. Closed in one afternoon."
"I'd tried banks before and got nowhere. This was the easiest business decision I've ever made. $55K funded in under 24 hours."
"The application took maybe 6 minutes. I uploaded my statements, got offers, and picked the one that made sense for our cash flow."
"No hidden fees, no surprise calls, no nonsense. They were transparent from day one. $120K funded for our second location."
"I was skeptical about online lending. But the process was smooth and the team was responsive. Would absolutely use again."
"The application took maybe 6 minutes. I uploaded my statements, got offers, and picked the one that made sense for our cash flow."
"No hidden fees, no surprise calls, no nonsense. They were transparent from day one. $120K funded for our second location."
"I was skeptical about online lending. But the process was smooth and the team was responsive. Would absolutely use again."
"Compared to my bank's 6-week process, this felt like magic. Funds were in my account before I even told my business partner."
"Our seasonal business needed a bridge loan fast. OneDayCap delivered. The AI matching found options my own banker couldn't."
"They actually read our situation instead of just running a credit check. Got approved when two other platforms turned us down."
"Compared to my bank's 6-week process, this felt like magic. Funds were in my account before I even told my business partner."
"Our seasonal business needed a bridge loan fast. OneDayCap delivered. The AI matching found options my own banker couldn't."
"They actually read our situation instead of just running a credit check. Got approved when two other platforms turned us down."
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