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*Based on all transactions of term loan from January 2025 - December 2025.
A term loan arranged by Biz2Credit can be the engine that can help take your small business to the next level of growth. A term loan from Biz2Credit provides a lump sum of cash to be paid back with interest at various intervals until the contract is fulfilled. This money provides young small businesses with the ability to scale and strengthen their cash flows at the most pivotal moments in their growth history. Additionally, our repayment plans are agreed upon before the loan is funded, giving small businesses an easy way to incorporate the scheduled repayments into their future budgets.
We offer short, medium and long duration terms loan (ranging from 3 months to 5 years) according to the unique needs of your business. A term loan from Biz2Credit provides up to $2 million to enable small businesses to reach their next level of growth with flexible terms and repayment structures. The proceeds of the loan can increase cash flow, enabling small businesses to market new products, hire additional staff, increase inventory, purchase new equipment, or any other need to help the business.
Choosing a financing provider can be a trying experience for small business owners. Traditional banks offer term loans but often have arduous lending requirements that include high credit scores, written business plans, and mountains of paperwork.
At Biz2Credit, we don't burden small business owners with stifling term loan application requirements, and our funding amounts are generally bigger than many of our competitors. We also offer short-, intermediate- and long-term duration term loans tailored to the specific needs of your small business.
Our term loan product offers flexible terms and is specifically designed to help strengthen cash flows and enhance long-term growth.
Sign up and provide a few key business details.
See pre-qualified offers that are tailored to meet your business needs.
Complete a short form about your business, funding needs and general plans on what you plan to do with your funding.
Once reviewed, we'll let you know your application status.
While we can't guarantee approval, our minimum requirements for approval for a term loan are generally less rigid than a traditional bank and even some of our online competitors. Our minimum requirements are:
Annual Revenue
Credit Score
Time in Business
Before applying for a term loan from Biz2Credit, it's important to know what we are looking for. The process doesn’t have to be complicated—having the right documents and information can expedite the process.
Here's what you’ll usually need to provide:
Biz2Credit requires your business name, structure (LLC, corporation, sole proprietorship, etc.), EIN, industry, and the number of years you’ve been in operation to prove that your small business is an established one.
Biz2Credit requires the last 6 months of your business bank statements. These records provide us with a snapshot of your cash flow and monthly revenue. Biz2Credit wants to get an idea of whether your business generates consistent income to support loan repayments. Strong, steady cash flow is one of the clearest indicators that your business is financially healthy. If you have negative cash flow months, don’t get discouraged, because with us, it’s not just about numbers. One of our small business lending experts would be happy to listen to the circumstances surrounding your negative cash flow months and carefully consider this in the application process.
Your credit score reflects your borrowing and repayment history. Both FICO and business credit scores may be reviewed, especially if your business is relatively new. High credit scores demonstrate that you’ve managed debt responsibly in the past.
Tax returns are used to verify income and financial stability. Depending on your business structure, we may also require supporting documents such as business licenses, articles of incorporation, or ownership agreements. These records give us confidence that your business is legitimate and compliant.
Biz2Credit wants an explanation on what the proceeds of the term loan will be used for. Biz2Credit will need a general explanation of how you will use the proceeds of a loan for two reasons - first, we want to make sure you're borrowing thoughtfully and have a roadmap for repayment. Second, we want to help your business succeed and grow. Knowing how you plan to use borrowed money helps us in creating a customized loan that is specific to your unique needs.
Biz2Credit is willing to work with businesses that are at least 12 months old. This demonstrates to us that you already have a strong track record, and allows us to help you take your business to the next level of growth.
Our term loans are designed with flexibility in mind, making them a powerful tool for your business. If you're approved, you can use the funds to grow and sustain your business.
Here are some common ways businesses make the most of a term loan from Biz2Credit:
If you're opening a new location or upgrading the location you currently have, a term loan can help you accomplish your vision for your business.
Term loans give you the opportunity to invest in new equipment, potentially enhancing output potential. The advantage of a term loan is the ability to spread out payments over time.
If you operate a seasonal business, a term loan may be able to help manage any swing in revenue your business may experience.
Our term loans are designed to support a range of business needs, including:
Term loans give your business a lump sum for various uses, including to fund expansion, equipment purchases, or operational stability. You repay the loan in fixed installments over a set period.
Each payment includes principal and interest, keeping your payment schedule predictable and easy to budget. Biz2Credit offers secured term loans, and a strong credit profile can help you get better terms.
In short, our term loans offer upfront funding with structured repayment schedules, which is ideal for businesses that want clarity and control when budgeting their expenditures.
Getting approved for our term loans is easier when you know what we are looking for. Focus on these key areas to strengthen your application.
Your credit score reflects how reliable you are with repayments. Both personal and business credit can influence your chances. If your score is low, pay off outstanding debts, avoid late payments, and correct any errors on your credit report. A better score may help you secure a term loan with us with more favorable terms.
Have your tax returns, balance sheet, and profit-and-loss statements ready. It may improve your approval chance if you can show a clear picture of your business health. Clean, well-documented records build confidence and reduce delays.
Be specific about how you'll use the term loan, whether it's for new equipment, marketing, or cash flow support. A vague reason can raise red flags. A clear plan shows you've thought it through and are investing in growth, not just plugging short-term gaps.
If you already have loans or credit lines, try to pay down some of that balance. A lower debt-to-income ratio improves your financial standing and makes your term loan request look more manageable. It also signals that you're not overextended.
Simply because we get what you go through to build a business you believe in.
**Disclaimer: All stories are real, as told by real business owners. Customers do not receive monetary compensation for telling their stories.
We understand what's behind building a business you believe in.
All stories are real, as told by real business owners. Customers do not receive monetary compensation for telling their stories.
Here are a few questions commonly asked about term loans:
1. What is a business term loan?
2. How much can I borrow with a business term loan from Biz2Credit?
At Biz2Credit, we provide term loans to qualified applicants between $25,000 and $2 million, with terms between 3-60 months.
3. How do you qualify for a small short term loan?
4. How long does it take to get approved for a business term loan?
5. What are the advantages and disadvantages of a term loan?
6. How do I apply for a business term loan?
Term Loans are made by Itria Ventures LLC or Cross River Bank, Member FDIC. This is not a deposit product. California residents: Itria Ventures LLC is licensed by the Department of Financial Protection and Innovation. Loans are made or arranged pursuant to California Financing Law License # 60DBO-35839