Business term loans
Know the amount and purpose? A term loan can keep the structure simple.
Compare fixed-term business finance for stock, expansion, fit-out, equipment, refinancing or a defined working-capital need.
- Useful for a one-off, defined funding requirement
- Compare rate, fees, term, repayment frequency and security together
- Do not use a short term simply because the approval is faster
Defined amountupfront funding
Set termclear repayment horizon
40+lender options
40+ lender optionsNo lender check to enquireBusiness finance from $5K
Term loan or revolving facility?
Match the repayment structure to the job the money has to do.
| Need | Usually worth comparing |
|---|---|
| One-off known purchase or expansion | Term loan |
| Recurring cash-flow gap | Line of credit / overdraft |
| Cash tied up in B2B invoices | Invoice finance |
| Equipment with useful asset life | Asset / equipment finance |
Compare the full cost
The headline rate does not tell you the whole repayment story.
Term, fees, repayment frequency, security and early-payout treatment can materially change the real cost and cash-flow effect.
Common questions
What can a business term loan be used for?
Common uses include growth, stock, fit-outs, equipment, working capital and refinancing. The permitted purpose depends on lender policy.
Should I choose the shortest available term?
Not automatically. A shorter term may reduce total interest but increase repayment pressure. Match the term to the repayment source and useful life of the funding need.
Ready to check the finance options?
Start with the amount, purpose and business profile.
GPS Finance Group is an Authorised Credit Representative (CRN 000575797) of AFAS Group Pty Ltd, Australian Credit Licence 414426. Finance is subject to lender assessment and approval. Privacy · Credit Guide · Complaints