Forgotten password

   Connect with other iBank Business Centers:  Loans  |  Insurance  |  CrowdFunding  |  Credit  |  Legal  |   H.R.  |   Accounting  |  Consulting  |

Small Business Loans
Find and Match with the perfect Small Business Loan.
Join over 600,000 small businesses who decided to get the resources they need.

You are in: Business Loans Center > Business Loans > Term Loan
start your loan application now

Please enter your funding need:

Open a Free iBank Account

 Term Loan by Tom Markel

Business term loans are the most basic form of loans to take out. They are usually simple and straightforward and have no specially designated purpose, like equipment loans or acquisition loans. Term loans can be taken out for whatever a business needs.
The interest rate for a term loan is usually fixed, and payments are made monthly or quarterly. The loan lasts for a previously specified period of time, called the term. Term loans are not generally taken out for the short term, but are divided into intermediate and long-term loans. Intermediate loans last between one and three years, and are paid monthly, and may include a balloon payment, a large chunk of the loan paid off all at once, usually towards the end of the term.
A long term loan may be from three to 10 years--or up to 20 years, depending on the amount. Both long and intermediate term loans require collateral, and both have a rather stringent approval process. However, monthly payments are generally lower than those of other types of loans, and most other loans do not offer a fixed interest rate automatically. Business term loans are best for small but financially sound businesses looking to fund construction or other types of business growth projects. can help businesses take out business term loans. The Loan Center has lenders for every type of business and every kind of project. Registering with can help a business get the loan it needs and get funding faster. 

Most Recent Postings

Type Amount Location Date Posted
Term Loan $45000 Athens,
October 21, 2014
11:15 AM
Term Loan $75000 Graham,
October 21, 2014
11:14 AM
Term Loan $10000 port st lucille ,
October 21, 2014
11:11 AM
Term Loan $20000 Albany,
October 21, 2014
11:04 AM
Term Loan $10000 Flexington,
October 21, 2014
11:02 AM
Term Loan $5000 Northern Cambria,
October 21, 2014
10:55 AM
Term Loan $10000 Rockford,
October 21, 2014
10:55 AM
Term Loan $100000 San Tan Valley,
October 21, 2014
10:51 AM
Term Loan $10000 Cape Coral,
October 21, 2014
10:44 AM
Term Loan $2000000 Corning,
October 21, 2014
10:41 AM

View More

iBank Featured In

  • businessweek
  • forbes
  • msnbc
  • thestreet
  • wallstreet


"You have been first class in answering all our questions and in a very timely manner." 
Patrick M.

"As an iBank small business member I networked with one of the iBank lenders, he was responsive, respectful and got my deal funded quick and easy. I would highly recommend being a member of the iBank small business network for all my small business loan needs."
Morgan Harris

"You have been extremely
helpful. Many thanks for all your quick responses. We will be in touch if we need any further assistance."
Amy Stephenson and Holly Dickerson

                Read More

Business CrowdFunding Center

Business Credit Center

©2014, Virtue Capital Corporation. All rights reserved.