Business Term Loans through Lends Well
Start your application today and get SBA 7(a) funds 3x faster than the industry average.
Decision as fast as 24 hours and funds in as few as 3 days
Flat 6% interest rate
*Based on WSJ prime as of 6/8/20.
Rate is prime +2.75%
Loan amounts from $25k-$500k
Applying won’t affect your credit score!*
Get a Term Loan made exclusively for small businesses
Every day, thousands of successful business owners struggle to get loans to grow their businesses, battling endless streams of paperwork and complex loan options. We believe small businesses deserve better.
Apply through Lends Well network of partner lenders to get a term loan exclusively made for small businesses. Your dedicated loan specialist will work with you to find a loan tailored to your needs.
Since 2011, Lends Well has helped businesses in over 700 industries access the capital they need.
Over $10 billion lent to 5,000 small businesses national.
Pros and Cons of a Business Term Loan
You’ll have a set repayment schedule, making it easier for you to control your cash flow.
You can use a term loan for almost any business purpose - buying inventory, hiring, consolidating debt, and more.
You can build business credit by paying off a business term loan.
You typically need good to excellent credit to qualify.
Shorter-term loans are typically more expensive than longer-term loans.
You deserve better business finance
Lends Well was created with a big idea: to revolutionize the outdated lending system and build a better deal for small businesses. With one 6 minute application we can help you find the right financing options for your needs, from lines of credit to term loans, cash advance and even Small Business Administration (SBA) loans.
Let's get started.
Start your online application
Apply online in 6 minutes with one simple application.
Review your options
Your dedicated Account Manager will contact you as soon as possible to review your needs and help you find the best funding option for your business.
Get a decision in as little as 24 hours and funding as soon as the next day accepting an offer.
Use of proceeds
Hair Colour Center
''Every step was much quicker than I thought it would be...When I got my offer, I understood why it was what it was. And it was much lower than what I was paying with my credit cards.”
Business Term Loans Frequently Asked Questions
If your business is organized as a general partnership, your credit score may be impacted.
2. Approval and funding times may vary by lending partners.