UNSECURED BUSINESS TERM LOANS
$30,000 TO $350,000 AVAILABLE
LOW-RATE MONTHLY PAYMENTS
NO PRE-PAYMENT PENALTIES (DISCOUNTS INSTEAD)
BUSINESS FUNDING
It Doesn't Have To Be Complicated
For small business owners and entrepreneurs, TierFunding is now offering business term loans with monthly payments and low rates.
Terms range from 1 to 5 years, with a credit score minimum of 660, and funding up to $350,000 is available. Let our unsecured business loans help your business grow. Whether you’re looking to expand, purchase inventory, hire more employees, or refinance existing debt, a TierFunding business term loan is an excellent solution.
Our term loan program typically funds within 1 to 2 weeks and offers early payment discounts. Rates are fixed and may vary from 6% to 25%.
Within 5 minutes, you can see if you are pre-qualified with a soft-credit pull.
Prequalification and Eligibility Criteria
- Time in Business: 2 Years
- Annual Revenue: $250,000
- Credit Score: 660+ (Soft Credit Pull for Prequalification)
- Ownership: Applicants must be U.S. citizens or residents
- Business Credit: No recent bankruptcies, tax liens, or judgements
- Time to Fund: 1 to 2 Weeks
- Interest Rates: Range from 6% to 25%, with early payment discounts
Documents Required (after pre-approval)
- 2 years of business and personal tax returns
- 6 months of recent business bank statements
- Business Debt Schedule
- Year-to-date Financial Statements
States Where the Program is Offered
- Alabama
- Arizona
- California
- District of Columbia
- Delaware
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Maryland
- Maine
- Mississippi
- Missouri
- Nebraska
- Nebraska
- New Jersey
- New Mexico
- North Carolina
- Ohio
- Oregon
- South Carolina
- Utah
- Virginia
- Washington
- Wisconsin
- Wyoming
TierFunding Small Business Term Loan
How To Apply for a Business Term Loan with TierFunding?
Step 1. Apply
Complete the business loan application form in 1 minute.
Step 2. Analyst Phone Call
Receive a phone call from an analyst to discuss your offer.
Step 3. Provide Documents
Provide bank statements, a voided check, and a copy of identification.
Step 4. Receive Funds
Accept your offer, sign your loan agreement and receive funds!
Get approved for a low rate, unsecured business loan!
TierFunding’s Business Term Loans Features
- Low, monthly payments
- Terms up to 10 Years
- Quick Loan Approval Process
- All Credit Scores Accepted
- Minimal documentation
- 3 months of business bank statements
- Loan Application
- Voided Check
What are Unsecured Business Term Loans?
An unsecured business loan is a funding solution that does not require collateral or hard assets. Instead, factors such as your monthly revenue, bank balance, and credit score are reviewed. Since this is a non-bank financing product, the approval guidelines are a lot more flexible.
What types of businesses can qualify?
We will review any business term loan requests for any “for-profit” business that has at least 3 months of operation and and active business checking account.
When banks say no, we say yes!
Our programs are a better alternative to bank loans, because we require minimal documentation and approve much more quickly.
With an unsecured business term loan from TierFunding, you can access up to $250,000 in working capital for any business purpose. Banks typically have very strict requirements, require extensive paperwork, and can take weeks (or sometimes even months) to approve. With TierFunding, we make business lending simple.
Other types of Unsecured business loans | Startup Business Loan | Merchant Cash advance
Business Term Loans Frequently Asked Questions
A. It is a type of loan that requires no collateral and lends against the cash flow of your business.
A. A business term loan, also known as traditional business loan, is a lump sum of capital that you pay back in regular installments at a fixed interest rate, over a period of 1 to 5 years.