Term Loan
The cheapest money here, and still same-week.
- Loan amount
- $20K – $1M
- Funding speed
- Within 24 hours
- Loan term
- 1–2 years
- Interest rate
- As low as 6%
A term loan is one lump sum repaid at a fixed rate over a fixed period. Of everything on this site it usually carries the lowest rate, and it is the one worth waiting an extra day for.
Funding can land within 24 hours of approval. The realistic timeline is apply today, offers today, funds tomorrow or the day after, depending on how quickly the lender gets what it asks for.
Speed and cost
- Funds within 24 hours of approval
- Lowest rates of the options here
- Fixed payments for the whole term
- Nothing out of pocket to apply
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0 min
You submit
Six questions, about two minutes, no credit check.
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Same day
Offers come back
Usually within a few hours, from the lenders most likely to fund you.
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+1 day
You choose
A funding specialist goes through the offers and what each one really costs.
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24–48 hrs
Funds land
Signed to settled is one to two business days for most options here.
Apply for term loan
Two minutes now, offers today, funds inside two days. No cost to apply and no effect on your credit.
- No hidden fees
- Bad credit is OK
- Same day funding
- No minimum FICO
- No restrictions
- Larger funding amounts