Business term loan
A fixed rate and a set repayment schedule
Business term loans give you a lump sum at a fixed rate with flexible repayment options — well suited to expansion, a major purchase or any investment you want to plan around.
What is a business term loan?
A business term loan is a lump sum borrowed at a fixed rate and repaid on a set schedule over a defined term, which makes the total cost predictable from day one. RAN Funding offers term loans from $20,000 to $10,000,000, with interest from 9%, terms of 2 to 5 years, and funding in 48 to 72 hours. They suit a single large investment — an expansion, a build-out, major equipment — rather than short-term cash flow gaps.
Strike while the iron is hot
Do not let a lack of funding stop you investing in your future or capitalising on an opportunity. With fixed rates and flexible repayment options, business term loans are particularly well suited to expanding your business.
With a set payment structure and a longer payment term, you get access to much-needed capital while still planning strategically. No two businesses are the same, which is why no two term loans are the same — we customise terms to meet your needs.
What to have ready before you apply
Documents required
- Tax returns
- Profit and loss statement
- Bank statements
- Business voided check
- Driver’s license
What happens next
- Apply online in about five minutes
- A specialist reviews your file, usually within hours
- You compare the offers you qualify for
- Funds land in your business bank account
Ready to see your options?
No obligation and no credit pull to apply. A funding specialist will come back to you with the offers you qualify for.
Not quite right? Compare the alternatives
One application puts you in front of all of these. A specialist will point you to the ones that fit.