Our term loans provide a lump sum of funding upfront, giving you the capital needed for significant business investments. Enjoy the stability of fixed monthly payments, making budgeting and financial planning easier.
Term Loans
What Is A Term Loan?
Surpass Capital offers term loans tailored to help businesses achieve their long-term financial goals. A term loan provides a lump sum of money that is repaid over a fixed period with regular, predictable payments. This type of financing is ideal for larger investments, such as expanding operations, purchasing inventory, or acquiring new equipment.
Why Surpass Capital
At Surpass Capital, we are committed to providing financing solutions that support your business's growth and stability. Our term loans come with competitive rates and flexible terms, tailored to fit your unique financial situation. Our experienced team will guide you through the application process, ensuring you secure the funding you need to reach your business objectives.
benefits of term loans
Online and mobile banking has convenient, easy-to-use features
Lump Sum Funding
Receive the full loan amount upfront, giving you the capital needed to make significant business investments.
Fixed Repayment Schedule
Enjoy the stability of fixed monthly payments, which makes budgeting and financial planning easier.
Competitive Interest Rates
Benefit from attractive interest rates that are often lower than those of alternative financing options.
Flexible Terms
Choose repayment terms that best suit your business's cash flow needs, ranging from one to five years or more.
Frequently asked questions
Got a question about how we’re organized, applying to work for us, or looking for financial information?
What types of business funding does Surpass Capital offer?
Surpass Capital provides a variety of business funding options including Merchant Cash Advances (MCA), SBA loans, term loans, equipment financing, and more to meet diverse business needs.
How do I apply for a loan with Surpass Capital?
You can apply for a loan by visiting our website and completing the online application form or by contacting our customer service team for assistance.
What information do I need to provide when applying for a loan?
Typically, you will need to provide basic business information, financial statements, tax returns, and details about your funding needs. Specific requirements may vary based on the type of loan.
What are SBA loans and how can they benefit my business?
SBA loans are partially guaranteed by the U.S. Small Business Administration, offering benefits such as lower down payments, extended repayment terms, and competitive interest rates.
What is a Merchant Cash Advance (MCA)?
An MCA provides an upfront sum of money in exchange for a percentage of your future credit card sales, offering a flexible funding solution without fixed monthly payments.
What are term loans and how do they work?
Term loans provide a lump sum of money that is repaid over a set period with fixed monthly payments, suitable for larger business investments and long-term needs.
What are the typical repayment terms for term loans?
Repayment terms for term loans can range from one to five years or more, depending on the loan amount and specific agreement.
How does equipment financing work?
Equipment financing allows you to borrow money specifically to purchase business-related equipment, with the equipment itself often serving as collateral for the loan.
What types of equipment can be financed?
Most types of business equipment, including machinery, vehicles, computers, and office furniture, can be financed through our equipment financing programs.
What if I have bad credit? Can I still qualify for funding?
Surpass Capital works with businesses of all credit backgrounds. While good credit can improve your loan terms, we offer funding options that consider other factors beyond credit scores.
How can I contact Surpass Capital for more information?
You can reach us by phone, email, or through our website’s contact form. Our team is ready to assist you with any questions and guide you through the application process.
How long does it take to get approved for a loan?
The approval time varies depending on the type of loan and the completeness of your application. Some loans, like MCA, can be approved within days, while SBA loans may take longer due to more detailed requirements.