What this term loan offers
Up to $250,000 in a single lump sum, repaid over a term of up to 18 months, with rates starting as low as a 1.18 factor for the strongest files.
- Loan amount: up to $250,000
- Term: up to 18 months
- Rate: as low as a 1.18 factor for qualifying businesses
- Structure: one lump sum, repaid on a fixed schedule
A factor rate is the total repayment divided by what you borrow — a 1.18 factor on $100,000 means repaying $118,000 total, before any other fees, over the term. Ask for the total repayment amount in writing before accepting any offer.
Do you qualify?
This product is built for established businesses. A strong file usually has 3+ years in business, a 650+ personal credit score, and at least $25,000 in monthly revenue.
- Time in business: 3+ years
- Personal credit score: 650+
- Monthly business revenue: $25,000 or more
- Ownership: at least 50% owned by the applicant
- Business type: LLC or corporation (not a sole proprietorship or nonprofit)
- Location: available in most states
These are general guidelines a strong file usually meets, not a guarantee either way. Businesses that don't check every box can still apply — 50 States Funding will say plainly if this specific product isn't the fit and show what is.
How it compares to a line of credit
A term loan fits one planned, one-time cost with a known price. A line of credit fits recurring or unpredictable needs across multiple locations.
- Term loan (this product): up to $250,000, terms up to 18 months — best for one planned cost with a known price
- Line of credit: up to $350,000, terms up to 36 months — best for recurring or unpredictable needs
See the full side-by-side on the funding comparison page.
How to see if you qualify
One short application lets 50 States Funding match your file against this term loan and its other funding options, with no obligation to accept any offer.
50 States Funding reviews your application and connects you with funders whose programs fit your file — this term loan is one of the stronger options for businesses that qualify, but never the only one. You see the full repayment number before you decide anything, wherever your business is based.
What you’ll typically need
- Recent business bank statements
- Basic business and ownership details
- A short description of what the funds are for
Frequently asked questions
Is this a direct loan from 50 States Funding?
50 States Funding helps businesses get funded. This term loan is offered by the funder that approves your file.
What does "as low as a 1.18 factor" mean?
A factor rate is multiplied by the amount you borrow to get the total repayment. 1.18 is the strongest-file rate; your actual factor depends on your file and may be higher.
What if my business doesn't qualify for this specific loan?
50 States Funding reviews your file against several products. If this loan isn't the right fit, you'll be shown other options that better match your business.
Can I repay a term loan early?
Early repayment terms vary by partner. Ask whether repaying early reduces the total cost before you accept an offer.
What states is this available in?
This term loan is available to businesses in most states. A small number of states aren't currently eligible — apply to see if your business qualifies.
See your real number
One secure application. No obligation to accept an offer.
Updated September 14, 2026 · 50 States Funding Funding Team