A lump sum, fixed payments, no surprises.
The workhorse of business lending. You borrow a set amount, pay it back on a fixed schedule, and the cost is locked the day you sign. Fast to fund and easy to plan around.
- Amount
- $25K–$500K
- Term
- 3–60 mo
- Min credit
- 640+
- Funded in
- 1–3 days
Is this the right tool?
We earn more on some products than others — so the only way you can trust a recommendation is if we tell you when to walk away. Here is exactly who this is, and isn't, for.
- You have a specific, one-time investment in mind
- You want a fixed payment you can budget to the dollar
- You have been open at least a year with $15K+ monthly revenue
- You need money in days, not weeks
- You want the lowest possible rate and can waitBetter fit: SBA 7(a) →
- You only draw cash occasionallyBetter fit: Line of Credit →
- You’re buying a specific piece of equipmentBetter fit: Equipment Financing →
- Your credit is below 600Better fit: Merchant Cash Advance →
What it actually costs.
One worked example, every line shown — including what we earn. No teaser rate, no fine print. Want to run your own numbers? The calculator does it live.
Origination is the only fee, disclosed up front and shown on your offer. Emet’s share comes out of that origination — it is not added on top.
Eligibility & documents.
The honest minimums and the exact paperwork — so you know whether to apply and what to gather before you do.
- 1+ year in business
- 640+ personal credit
- $15K+ average monthly revenue
- Active business checking account
- Driver’s license & voided check
- Last 6 months business bank statements
- Most recent business tax return
- Year-to-date P&L (loans over $150K)
- STEP 1Apply4 minutesSoft pull, no score impact
- STEP 2OffersSame daySide-by-side, fees disclosed
- STEP 3Accept—One hard pull on the offer you choose
- STEP 4Funded1–3 daysWired to your account
Compared with the alternatives.
The two products people weigh this against most often. Same numbers as our Rate Library, so the comparison is apples to apples.
Term LoanThis page Fixed installments | SBA 7(a) Government-backed | Line of Credit Draw as needed | |
|---|---|---|---|
| Rate | 8.9–24.9% APR | 6.5–11.5% APR | 9.9–28.0% APR |
| Amount | $25K–$500K | $50K–$5M | $10K–$250K |
| Funded in | 1–3 days | 2–6 weeks | Same day |
| Best for | Predictable lump sum | Lowest rate, big projects | Flexible safety net |
| Apply now → | View SBA → | View Line → |
Questions, answered.
How fast can I get the money?
Most term loans fund in one to three business days after you accept an offer. Apply in the morning with clean statements and same-day offers are common.
Is the rate fixed?
Yes. Your APR and monthly payment are locked the day you sign and never change for the life of the loan.
What does Emet earn?
A 2.0–4.0% share of the origination fee, disclosed on every offer. It comes out of the origination you already see — never added on top.
Can I pay it off early?
Most term loans in our network allow early payoff with little or no penalty, and some discount the remaining interest. We flag the prepayment terms on every offer.
Do I need collateral?
Smaller term loans are often unsecured but carry a personal guarantee. Larger amounts may be secured by a general lien on business assets — always disclosed before you sign.
See your real rate today.
Answer seven questions and we’ll shop 40+ lenders for you — side-by-side offers, every fee disclosed, our cut shown. No hard pull until you accept.