A term loan is a lump-sum business loan repaid over a fixed period with regular installments. At Sunspire Strategy, we structure term loans to provide predictable payments and flexible terms.

With a term loan, your business receives a one-time lump sum. You repay it over time with fixed monthly payments that include principal and interest, making it easy to budget.

Term loans offer predictable payments, competitive interest rates, and flexible terms, making them ideal for financing large purchases, business expansion, or working capital.

Businesses use term loans for expansion, purchasing equipment, inventory, refinancing debt, or funding working capital. Sunspire Strategy tailors each loan to your business needs.

Short-term loans typically last 12–18 months and are ideal for immediate cash needs. Long-term loans can extend up to 10+ years, making them better for larger investments.

Qualification usually depends on credit score, time in business, annual revenue, and repayment capacity. Sunspire Strategy helps streamline the approval process to increase your chances.

Yes. Term loans are one of the most common financing options for small businesses because they provide stability, affordability, and flexibility for growth.