Term Loan

A long-term loan with a set repayment schedule

A merchant cash advance (MCA) gives quick, unsecured money to small business owners based on future card sales, offering a different way to get funds than normal bank loans. MCA gives fast cash, letting you use future income to get money right now.

Contact us to learn more about a Line of Credit

Call us at 424.335.5640 to speak to a loan specialist today.

Long-term financing designed to support your growth plans

How funding works

  • Businesses with strong credit qualify for long-term loans at our lowest rates

  • Repayments are made monthly

  • Interest rates range from 7.9% to 24.99%

  • Loan term options range from 3 to 10 years

Rates are based on

  • Industry

  • Purpose of the funds

  • Your credit history

  • Overall financial health and profitability of the business

Required documents

  • Last 6 months of business bank statements

  • Last 3 years business tax return and another drop down for Last 3 years
    personal tax return.

  • Debt schedule

  • Personal financial statements (updated within the last 60 days)

    • Balance sheet and P&L for deals over $500,000

Ask Yourself

  • Are you currently receiving term loan financing?

  • Have you successfully paid off any previous term loans?

  • What do you plan to do with the funds from your term loan?

Good to know

  • Term loans take longer to process, typically requiring 2-3 weeks for approval

  • They offer the most competitive loan rates available

  • If you don’t qualify, we’ll identify the reasons and give you a plan to help you qualify in the future

Client feedback on our services

We provide financial solutions and business services that empower our clients to stay competitive and grow—helping drive our nation’s economy forward.

Familia M
Thanks to Heritage Advance, I was able to open a second restaurant location in California with full funding for renovations and equipment—exactly what I needed to grow.
Restaurant Owner
Winki Yon
Heritage Advance provided the financing we needed to make essential upgrades. With competitive rates and flexible repayment terms, we saw increased customer traffic—and the loan paid for itself within 1–2 years!
Owns Retail Store

Scale your business faster with reliable, results-oriented growth services.

Accelerate growth with reliable, results-driven, and scalable business services.

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Financing options

15 ways to fund and support your small business

$ 0 M

Financing options

Get up to $20,000,000 in funding — no collateral needed

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Hours

Receive your funds within 48 hours

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