Term loan is a common form of long term funding. You get a lump some of cash upfront to invest in your goals and repay with interest over a predetermined time period. This loan type offers fast funding typically within 2 days to a week.
Get a lump sum amount of cash to invest in your goals.
Borrow higher amounts
Get funding in 2-7 days
Depends on credit score
Longer pay back terms
Borrowers who can’t wait long for funding