Small business term loans
Get $5,000 to $10 million in a single lump sum with a fixed repayment schedule. Same-day decisions, and funds in as little as 24 hours.
- No collateral required
- Fixed payments, no surprises
- No hard credit pull
Simple, fast and clear.
- $5K–$10M
- Funding amounts
- 500+
- Minimum credit score
- Same day
- Decisions
- 24hours
- Fastest funding
How a small business term loan works.
You receive the full amount up front in one lump sum. You pay it back, with interest, in fixed weekly or monthly payments over 6 to 48 months. When the last payment clears, the loan is closed.
A shorter term means larger payments and less interest overall. A longer term means smaller payments and more interest.
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What it costs. Interest plus any fees. Some lenders take an origination fee from the amount before it reaches you. Compare offers by two numbers in dollars: what you receive and the total you repay.
How the rate is quoted. Lenders quote a yearly rate, a monthly rate or a factor rate. Compare them as an annual percentage rate so offers sit side by side.
Paying early. On some loans, paying early saves the interest you haven’t used yet. On others the full cost is fixed at the start.
Fixed payments. Your payment stays the same every week or month, so you know the full cost and the payoff date from the start.
Small business term loans at a glance.
- Lump sum
- The full amount deposited up front
- How much
- $5,000 to $10 million, based on your revenue and business profile
- Term
- 6 to 48 months, with fixed weekly or monthly payments
Compare your options.
See how Noya Funding stacks up against other financing sources.
| Traditional Bank | Other Online Lenders | ||
|---|---|---|---|
| Funding Speed | Same day to 48 hours | 30-90 days | 2-7 days |
| Funding Amount | $5K-$10M | $50K-$5M | $5K-$500K |
| Hard Credit Pull | Never | Always | Usually |
| Min. Annual Revenue | $150K+ | $250K+ | $100K-$250K |
| Min. Credit Score | 500+ FICO | 680+ FICO | 550-600+ FICO |
| Collateral Required | None | Often | Sometimes |
| Time in Business | 6+ months | 2+ years | 1+ year |
| Dedicated Advisor | Always | Never | Sometimes |
| Documents Needed | 4 bank statements | Full financials + tax returns | Varies |
| Application Time | 5 minutes online | Days to weeks | 1-3 days |
| Apply NowApplying won’t affect your credit score. |
What small businesses use term loans for.
New equipment
A truck, an oven or a machine that the business will use for years.
A build-out or renovation
More space, more seating, a second service bay or a new storefront.
Inventory bought in bulk
Stock bought at a lower bulk price before a busy season.
Buying a business
Buying a competitor, a second location or a partner’s share.
Refinancing
Several payments combined into one fixed payment.
Hiring for new work
Paying new staff for a signed contract before it starts to pay.
When a small business term loan is the right choice.
A term loan fits when the need is specific, the amount is set and a fixed payment suits your plan.
You’re taking on a larger contract or opportunity
A new contract, a bulk purchase or an expansion needs capital up front, before the revenue from it arrives. A term loan puts the full amount in your account at once, so you can start the work and repay it from what it earns.
You’re replacing costly or variable debt
Card balances and variable-rate financing make every month’s payment hard to predict. A term loan can replace them with one payment that doesn’t change. Fixed weekly or monthly payments over 6 to 48 months make your cash flow easier to plan.
You have a set, one-time investment
A build-out, a piece of equipment or a business purchase with a known cost suits a lump sum. You know the amount, the payment and the payoff date from the start, and your funding specialist sizes the loan to the project.
All you need to qualify.
We look at more than your credit score, including your revenue history, deposit patterns and time in business. A business with strong cash flow may qualify even with imperfect credit.
- No collateral
- No hard credit pull
- No upfront fees
- 500+
- Minimum credit score
- 6+months
- In business
- $150K+
- Yearly revenue
- 4months
- Of bank statements
Three steps to your funding.
- 1
Apply online
Fill in our short application in a few minutes. A few basics about your business and what you need, with no stack of paperwork to get started.
- 2
Get your options
Our team reviews your application and brings you the options that fit your business. We look at revenue, deposits and time in business, not only your credit score.
- 3
Receive your funds
Once you’re approved and the documents are signed, the funds can be in your business bank account in as little as 24 hours.
Frequently asked questions.
Is Noya Funding a lender?
Noya Funding is a business funding broker. We work with a wide network of lenders: our team reviews your application, matches you with the options that fit your business and stays with you through funding.
Does applying affect my credit score?
No. There’s no hard credit pull to apply, so applying won’t affect your credit score.
What does a term loan cost?
Interest plus any fees, set by your revenue and business profile. Compare offers by what you receive, what each payment is and the total you repay, in dollars.
How is a term loan different from a line of credit?
A term loan is one sum with a fixed payoff. A line of credit is a limit you draw against, repay and draw again, paying only on what you’ve used.
Do I need collateral?
No. Our term loans are unsecured, so no collateral is required.
How quickly can a term loan fund?
Decisions come the same day. Once you’re approved and the documents are signed, funds reach your account in as little as 24 hours. See what decides how quickly the money arrives.
Can I pay a term loan off early?
Yes. Whether it saves you money depends on the loan: some charge interest only for the time you held the money, and some fix the full cost at the start.
Which states do you work in?
Every state except Texas, Virginia, Connecticut and Missouri, where we can’t take requests yet.
Ready to get funded?
Apply online in minutes. No collateral, no hard credit pull and no obligation.