Trusted by 8,000+ U.S. businesses Funded in as little as 24 hours
Term Loan — Spark Business Lending
Business solution

Term Loans that work on your schedule.

A lump sum of capital, repaid over a set period with fixed or variable payments. Predictable terms, clear cost of capital, and the stability to plan ahead.

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$10k – $1M
Funding amount
Up to 36 mo
Financing term
From 6%
Interest rate
24–48 hrs
Funding turnaround

What is a term loan?

No two businesses are the same. Business term loans are designed to meet your specific growth plans — from capital improvements and new equipment to expanding the team. Essentially, a term loan lets you act on any opportunity that comes your way, without touching daily cash flow.

Fixed payments

Predictable schedule makes budgeting easy.

Clear terms

Transparent cost of capital — no surprises.

Process

How to get started

1

Apply for free

Short online application — 60 seconds, no obligation.

2

Review real offers

A Spark expert walks you through tailored offers side-by-side.

3

Get funded

Accept your favorite and receive funds in as little as 24 hours.

Advantages of a term loan

Fixed, predictable payments with competitive rates tailored to your revenue. Use the funds for expansion, marketing, hiring, equipment — whatever moves the business forward. No hidden fees and full control of your finances.

  • Lower per-dollar cost than short-term advances for large projects
  • Fixed interest rate option for true budget certainty
  • No collateral required on most programs
  • Simple monthly or weekly payment schedules

Apply for funding today

12+

Years in business

$2B+

Amount funded

8k+

Businesses funded

97%+

Approval rating