Capital for established businesses
Explore up to $500,000 for expansion, equipment, inventory, working capital, or another opportunity ahead.
BUSINESS TERM LOANS
Business term loans for what’s next.
More room to plan. More capital to put your plans in motion.
For established businesses seeking a more traditional form of financing, explore business term loans up to $500,000 with repayment terms of up to 18 months. Your dedicated Magenta advisor helps you understand the options suited to your goals.
Apply to confirm your eligibility. Decisions and funding may be available as soon as the same day, subject to review and approval.
TIME TO GROWUp to 18 monthsTO REPAY
FUNDINGUp to $500,000
Capital for the next stage of your business.
ELIGIBILITY600+ credit
At least one year in business and $10K monthly revenue.
REPAYMENTUp to 18 months
Daily or weekly payment options.
TIMINGAs soon as same day
Decisions and funding, when approved.
A STRUCTURE THAT MAKES SENSE
Built for ambition.
Grounded in clarity.
When you know where your business is going, a term loan can give you a defined repayment horizon and the capital to get there. Longer terms may mean lower individual payments than shorter-term options, depending on your offer.
See How It Works
Payments you can plan around
Repayment terms may extend up to 18 months, with daily or weekly payments based on the approved offer.
Flexibility to finish early
Pay off your term loan early without a prepayment penalty or fee. Your advisor can walk you through the details of your offer.
WHO IT’S FOR
For the business you’ve built. And what comes after.
A business term loan may suit you if you have consistent cash flow and a stable credit history, and prefer a more traditional financing structure with a longer repayment period. Your advisor will help you explore the options available for your business.
STARTING REQUIREMENTS
- 600+minimum credit score
- 1 yearminimum time in business
- $10K+average monthly revenue to apply
Final eligibility, amount, terms, and availability depend on full underwriting and partner review.
A SIMPLER WAY FORWARD
Your next step, made clear.
A straightforward application and a dedicated advisor to coordinate each stage, from first conversation to funding.
Apply in minutes
Share basic business information and connect securely through Plaid or upload recent bank statements to begin.
Explore your options
Your advisor helps you understand eligibility, payment frequency, and terms. Decisions typically arrive within hours.
Move with confidence
Review your offer with your advisor and, if approved, receive funding as soon as the same day.
Your advisor remains here after funding, whenever a new business need arises.
THE DETAILS
Term loan questions, answered.
Explore the essentials, then talk through the details with a Magenta advisor.
What are the minimum requirements for a business term loan?
To apply, your business should have at least one year in operation, average monthly revenue of at least $10,000, and a credit score of 600 or higher. Consistent cash flow and a stable credit history are also considered. Approval depends on a full review of your business, borrowing history, and the options available in your state.
How much funding and how long a term may be available?
Business term loans may be available up to $500,000, with repayment terms up to 18 months. Your approved amount and term depend on underwriting and the specific offer.
How are payments made? Can I pay off early?
Term loan payments may be made daily or weekly. You can pay off early without a prepayment penalty or fee; review the terms of your offer with your advisor.
Are term loans available in every state?
Business loan products are restricted to specific states. Term loan options may be presented through third-party partners, and your advisor can confirm availability after reviewing your application.
READY WHEN YOU ARE
Let’s find the right way forward.
Apply now to confirm your eligibility and explore the term loan options that may fit your business.
Term loan options may be presented through third-party partners. Business loans are available only in certain states. All amounts, terms, decisions, funding times, and eligibility are subject to full underwriting, partner review, and approval. Longer repayment periods can affect the total cost of financing.