Excell Advance

Menu
Apply Now

Business Term Loan

Apply for a business term loan from $5K - $300K.

Apply Now

Excell Advance Business Term Loan

Lump Sum

from $5K-$400K

24-Month

maximum repayment term

Predictable

daily or weekly payments

What is a business term loan?

A business term loan provides borrowers with a one-time lump sum of cash that is repaid over a fixed period of time. These loans offer predictable repayment schedules and often feature fixed rates, making it easier for small business owners to plan expenses and invest in growth with confidence.

Excell Advance offers qualified businesses term loans ranging from $5,000 to $400,000, with flexible repayment terms of up to 24 months. Our streamlined online application takes just minutes to complete, helping you access the funds your business needs. With clear terms and dedicated support, you can move forward knowing exactly what to expect.

Benefits of an Excel Advance Business Term Loan

Get a business term loan with no hard credit pull.
0 No Hard Credit Pulls
Use your line of credit for your business needs. Term loans are available once approved.
0 Easy Funding
On-time payments are reported to business credit bureaus, helping you establish and strengthen your business credit history.
Build Business Credit History

What can a Excell Advance business term loan be used for?

Business term loans from Excell Advance are well suited for larger, one-time expenses such as:

Purchasing new equipment

Restocking Inventory

Buying property for a new location

Covering payroll or hiring new employees

Launching a new marketing campaign

Renovating or upgrading your space

How do business term loans work?

A business term loan can be a simple and straightforward way to access funding for your business. In most cases, you will complete an online application and provide basic financial information for review. If approved, you receive a one-time lump sum that you agree to repay over a set period of time. This repayment period is known as the “term” and can range from several months to a few years, depending on the loan.

Before accepting a loan offer, it is important to review key details such as the repayment schedule and interest rate. Look for financing options that offer terms aligned with your business goals. Excell Advance provides flexible repayment options designed to fit your needs. With responsible use and on-time payments, an Excell Advance term loan may also help support your business credit history.

Funding that moves at your pace

Apply Online

Complete the short application in just a few minutes.

Get expert guidance

Work with a loan advisor to find the funding that fits your goals.

Receive your funds

Sign your agreement digitally proceed with the funding process.

Learn More

Check if you qualify:

minimum requirements

  • 1 year in business
  • $100K annual revenue
  • Business checking account
  • 625 personal FICO® score

Small business experts, ready to help

You don’t need to be a loan expert. Our U.S.-based loan advisors guide you every step of the way.

Business Term Loan FAQs

Why do businesses get term loans?

Businesses often use term loans to fund large, one-time expenses or investments that support growth. A term loan provides a lump sum of capital with predictable repayments, making it easier to plan for major purchases or long-term projects.


Term loans are commonly used for expenses such as purchasing equipment, renovating or expanding a workspace, hiring staff, launching marketing initiatives, or restocking inventory. They are well suited for planned investments rather than day-to-day cash flow needs.


Interest rates vary depending on factors such as your business profile, loan amount, and repayment term. Reviewing your loan offer will provide details on applicable rates and total costs before you accept funding.

Not exactly. A term loan is typically used for larger, planned expenses and is repaid over a fixed period. Working capital loans are often designed to cover short-term operational needs, such as payroll or cash flow gaps.

Term loans can last anywhere from a few months to several years, depending on the lender and loan type. Excell Advance offers repayment terms of up to 24 months.

In addition to term loans, businesses may qualify for other financing options such as business lines of credit or SBA loans. Each option serves different funding needs and timelines.

Early repayment options may be available depending on your loan agreement. Reviewing your specific terms can help you understand any applicable conditions related to early payoff.

Term loan payments are typically fixed, meaning your payment amount stays consistent throughout the repayment period. This can help with budgeting and long-term financial planning.

Business owners like you love Excel Advance

“Running an auto shop means unexpected expenses can come up at any time. Excell Advance helped us secure a line of credit that fits how our business operates. It has given us the ability to manage parts inventory and larger repair jobs without disrupting our cash flow.”
Robert L.
Auto Repair Shop Owner
“When we decided to open a second location, we needed financing that made sense for our long-term plans. Excell Advance provided clear options and realistic terms. The process felt organized and professional from beginning to end.”
Stephanie K.
Boutique Fitness Studio Owner
“I appreciate how straightforward everything was with Excell Advance. The terms were clearly outlined, and I understood exactly what we were agreeing to. That level of clarity matters when you are making financial decisions for your company.”
Marcus D.
IT Services Provider
“Seasonal demand plays a big role in our revenue. Having access to additional capital through Excell Advance has allowed us to prepare inventory in advance and operate with greater confidence throughout the year.”
Elena V.
E-commerce Business Owner