Term Facility

A Term Facility is a lump-sum loan repaid over a fixed period with predictable, scheduled payments. Ideal for funding major one-time investments like expansions, or refinancing higher-cost debt.

Key Features

  • Suited for larger, one-time capital investments repaid over a fixed period

  • Limits ranging from $250K to $4 Million

  • Structure: Fixed-term, amortizing

  • Disbursement: lump-sum advance via wire or transfer

  • Fixed or floating rate options

  • Predictable monthly or quarterly repayment schedule

Use Cases

  • Fund major capital expenditures or facility upgrades

  • Finance business expansion or new locations

  • Refinance existing higher-cost debt

  • Fund shareholder buyouts or ownership transitions

Rates, Fees & Terms

  • Starting at bank prime + 1.0%, subject to credit strength

  • Amortization from 1 to 5 years

  • Term loan facility fee subject to level of engagement

  • $2,500 commitment fee upon application submission

Eligibility

  • Min. 2 years in business

  • Demonstrated operating history with min. $1 million annual sales

  • Satisfactory credit profile

  • Must provide minimum 2 years of accountant-prepared financial statements

Apply for a Term Facility

Talk to a credit specialist to determine the Term Loan solution that is right for you.