Business Term Loans
Lump-sum financing repaid on a fixed schedule.
A business term loan provides a lump sum upfront, repaid over a set term with fixed or variable payments. Term loans suit larger, one-time investments — expansion, equipment, or refinancing higher-cost debt — where predictable repayment matters.
Minimum Requirements & Program Details
These are starting requirements for selected programs. Availability and final terms depend on the funding partner and underwriting. Other options may be available. Meeting a minimum does not guarantee approval.
ROK Business Term Loan
ROK partner channel
- Minimum credit
- 660+ FICO
- Time in business
- 2+ years
- Monthly gross sales
- $10,000+
- Financing amount
- Program-specific—request a funding review
- Term / structure
- Fixed schedule; monthly payments common
Reveal Term Loan
Reveal partner channel
- Minimum credit
- 625+ FICO
- Time in business
- 1+ year
- Annual revenue
- $100,000+
- Financing amount
- $25,000–$500,000
- Term / structure
- Requirements vary by program—request a funding review
- Payments
- Monthly; a UCC filing may apply
Availability and final terms depend on the funding partner and underwriting. If a requirement is unresolved for your situation, we'll note it as program-specific and confirm it during your review. Other options may be available.
Common uses
- Business expansion or renovation
- Large equipment purchases
- Debt refinancing
- Acquisition of a competing business
When it fits
- You have a defined, one-time use for the funds
- You want predictable repayment
- Your cash flow supports a longer-term payment
How it generally works
- 1You receive a lump sum at funding.
- 2You repay on a fixed schedule over a defined term.
- 3Interest may be fixed or variable depending on the partner.
Factors funding partners may consider
- Credit profile and time in business
- Debt-service coverage from cash flow
- Collateral (where applicable)
- Purpose and use of proceeds
Documents to prepare
We provide the exact checklist for your program after reviewing your request — you don't need to order an appraisal or gather everything before reaching out. Initial review items help us assess fit; additional underwriting & closing items are requested only once a partner program is confirmed. Sensitive documents are handled through our invitation-only secure process — never on the public intake.
Initial Review
- Signed application
- Three months of business bank statements (four for California)
Additional Underwriting & Closing
- Business and personal tax returns
- Financial statements / P&L
- Debt schedule
- Use-of-proceeds summary
- Personal identification and voided business check
Curious whether this fits your situation?
Request a review — we'll confirm fit and suggest alternatives if another product suits you better.
Illustrative scenario
An established business takes a term loan to open a second location, repaying from the new location's revenue over several years. Actual amounts, rates, and terms depend on the partner and underwriting.
How it compares to related products
vs. Line of Credit
Term loans are lump sums with fixed repayment; lines are reusable and interest-only on draws.
Learn morevs. SBA
SBA loans are government-backed and often longer-term; conventional term loans can fund faster.
Learn moreFrequently asked questions
Ready to explore business term loans?
Request a funding review and we'll help confirm fit and identify alternatives. Any match is preliminary until reviewed.