Funding Solutions
Major Investments Deserve Predictable Financing
When your business needs a significant capital injection for expansion, acquisition, or transformation, a term loan gives you the lump sum and the repayment predictability to plan with confidence.
Check Your EligibilityOverview
Business Term Loans
A business term loan is the most straightforward financing structure: you borrow a lump sum, agree to a fixed repayment schedule, and pay it back over a set period with interest. This predictability is what makes term loans ideal for major, planned investments — opening a second location, acquiring a competitor, renovating a facility, or hiring a team to enter a new market. You know exactly what you owe every month, which makes budgeting and cash-flow planning reliable.
Granton Hale Capital offers term loans from $50K to $5M with repayment periods ranging from 1 to 5 years. Unlike traditional banks that require 90+ days of underwriting and mountains of paperwork, we move fast — most term loan decisions are made within 6 hours. We also look beyond your credit score, evaluating your revenue trajectory, industry dynamics, and the specific use case for the capital to build a complete picture of repayment ability.
For established businesses with at least 12 months of operating history and consistent revenue, a term loan often provides the most cost-effective financing available outside the SBA program. And because repayment is fixed, you can calculate your exact return on investment before you even accept the offer.
Ideal For
Amount
$50K–$5M
Term
1–5 Years
- Established businesses planning a major expansion
- Companies acquiring competitors or complementary businesses
- Operators renovating or relocating facilities
- Businesses hiring teams for new divisions or markets
- Companies refinancing higher-cost existing debt
- Any business that wants a lump sum with predictable monthly payments
Why Choose This Product
Key Benefits
Fixed Monthly Payments
Know exactly what you owe every month for the life of the loan. No variable rates, no surprises. This makes budgeting straightforward and lets you calculate ROI before committing.
Higher Funding Amounts
Term loans support larger capital needs — from $50K for targeted investments up to $5M for acquisitions and major expansions. The longer repayment window makes larger amounts manageable.
Builds Business Credit
Consistent on-time repayment of a term loan strengthens your business credit profile, unlocking better rates and higher limits for future financing needs.
Competitive Rates for Qualified Borrowers
Businesses with strong revenue and 2+ years of operating history can access some of the most competitive rates in the non-bank lending market, often starting in the single digits annually.
The Challenge
Problems This Solves
Banks Take Too Long for Time-Sensitive Deals
You find the perfect acquisition target or a prime lease becomes available, but the bank needs 60–90 days to process your loan application. In competitive markets, deals don't wait for bureaucratic timelines.
Existing Debt at Unfavorable Terms
Many businesses carry high-cost short-term debt from merchant cash advances or daily-payment products taken during emergencies. A term loan can consolidate that debt into a single, lower monthly payment with a longer runway.
Growth Requires Step-Function Investment
Going from one location to two, hiring a sales team, or launching a product line requires a significant upfront investment before revenue follows. Incremental funding doesn't cut it — you need the full amount to execute the plan.
Revenue Is Strong but Credit History Is Mixed
Banks reject applications over a credit blemish from three years ago, even when your business does $200K/month in revenue. Alternative term loans evaluate the health of the business, not just the owner's FICO score.
Use Cases
How Businesses Use This Funding
Second Location Buildout
A dental practice generating $1.2M annually secures a $750K term loan to build out and equip a second office in a neighboring suburb, projecting breakeven within 14 months of opening.
Business Acquisition
A plumbing company owner acquires a retiring competitor's customer base, fleet, and employees with a $1.5M term loan, immediately doubling annual revenue from $800K to $1.6M.
Debt Consolidation
A trucking company carrying three overlapping MCAs at $4,200/day in combined payments consolidates into a single $600K term loan at $18K/month — reducing daily burden by 85% and freeing up cash flow for fuel and maintenance.
Facility Renovation and Expansion
A manufacturing company borrows $2M to add a production line and upgrade their facility, enabling them to take on a contract with a national retailer that requires 3x their current output capacity.
Technology Infrastructure Overhaul
A logistics company takes a $400K term loan to implement a new ERP system, GPS fleet tracking, and customer portal — reducing operational inefficiencies that were costing $15K/month in lost productivity.
Market Entry Investment
A commercial cleaning company secures $500K to hire 20 employees, purchase equipment, and lease warehouse space to enter a new metropolitan market where they've already signed three anchor contracts.
FAQ
Frequently Asked Questions
What's the difference between a term loan and working capital?
A term loan provides a larger lump sum with a longer repayment period (1–5 years) and fixed monthly payments — ideal for major planned investments. Working capital is typically smaller, shorter-term (3–18 months), and designed for immediate operational needs like payroll or inventory. The right choice depends on how much you need, what you're using it for, and how quickly you can repay.
What collateral is required for a term loan?
Most of our term loans require a general business lien (UCC filing) rather than specific collateral like real estate or equipment. For loans above $1M, we may require additional documentation or a personal guarantee, but we work with each borrower to find a structure that makes sense for both sides.
Can I pay off my term loan early?
Yes. Most of our term loan programs allow early payoff, and many include prepayment discounts — meaning you'll save on the remaining interest charges. We do not charge traditional prepayment penalties. The specific terms are clearly outlined in your agreement before you sign.
What credit score do I need for a term loan?
We work with borrowers across the credit spectrum, but term loans are generally best suited for businesses with owners who have a 620+ credit score and at least 12 months of operating history. That said, strong revenue and bank deposits can offset credit score limitations. Businesses with lower credit may be better suited for our working capital or revenue-based financing products.
How is a term loan different from an SBA loan?
SBA loans typically offer the lowest interest rates but take 60–90 days to process, require extensive documentation, and have strict eligibility criteria. Our term loans offer competitive rates with decisions in hours, not months. For businesses that need capital within days rather than quarters — or don't meet SBA eligibility requirements — our term loans are a faster, more accessible alternative.
What documents do I need to apply?
For most term loans, we need 3–6 months of business bank statements, a government-issued ID, and a simple one-page application. For larger amounts ($1M+), we may also request a P&L statement, tax returns, and a brief description of how the capital will be used.
Ready to Get Funded?
30-second application. No hard credit pull. Decisions in as little as 3 hours.