Term loans for planned, larger investments.
A term loan delivers a fixed amount of capital up front, repaid on a defined schedule over months or years. We help established businesses compare term loan structures available through our partner network.
How term loans work
Term loans are best suited to investments with a clear scope and a predictable return — opening a new location, buying out a partner, refinancing higher-cost debt, or funding a defined growth initiative.
Because payments are fixed, term loans are easier to model into your forecast than revolving or revenue-based structures. The trade-off is less flexibility once funded — you draw the full amount at closing and begin repayment on a set schedule.
What term loans are typically used for
Typical structure and terms
- Structure
- Lump-sum funding with scheduled repayment Learn more about structure
- Repayment
- Fixed monthly payments over a set term Learn more about repayment
- Typical term
- 1–5+ years, depending on partner and use case
- Collateral
- May be secured or unsecured based on file strength
Considerations to weigh
- — You begin paying interest on the full balance at closing, even if the funds are deployed over time.
- — Prepayment terms vary by partner — some allow early payoff with no penalty, others do not.
- — Approval and pricing depend on time in business, revenue, credit profile, and use of funds.
Grandview Capital Lending Inc is a business financing broker, not a direct lender. Funding is subject to approval and not all applicants will qualify. Terms, structures, and availability are determined by the funding partner.
Other funding options to compare
Business lines of credit
Revolving access to capital you draw on as needed. Useful for managing payroll, inventory cycles, and short-term cash flow gaps.
View business lines of credit detailsEquipment financing
Capital tied to the purchase of machinery, vehicles, or other equipment, with the asset itself typically serving as collateral.
View equipment financing detailsRevenue-based financing
Advances repaid as a percentage of receivables or sales. A fit for businesses with consistent monthly revenue and seasonal swings.
View revenue-based financing detailsTalk through term loans with a specialist
No obligation. We'll review your situation and walk you through whether this structure is a fit — or which alternatives may serve you better.