Business Financing
Term Loan
A set financing amount with a defined term and monthly payments.
A non-revolving structure for a defined business financing need.
Program highlights
Key information at a glance.
Published program parameters are not a financing offer or guarantee. Rates, amounts, terms, timing, eligibility, and availability vary by transaction, provider review, underwriting, documentation, program availability, and applicable terms. Program information reviewed September 2026.
Structures and options
Available paths to discuss.
Set financing amount
Defined repayment term
Monthly payments
Non-revolving
Qualification information
General program baseline.
These parameters are general program information and do not guarantee eligibility or approval.
- Credit score
- 700+
- Tax returns
- One year
- Bank statements
- Three months
Preparation
What to prepare.
- One year of tax returns
- Three months of bank statements
Comparison
Business Line of Credit and Term Loan
Business Line of Credit
- Revolving
Term Loan
- Set amount
- Defined term
- Monthly payments
- Non-revolving
Why Meridian
Understand the financing path before deciding.
Understand first
We start with the financing need, financial profile, existing obligations, and transaction details before discussing potential structures.
Explain the options
Meridian helps identify and explain financing paths that may be relevant, including important requirements and tradeoffs.
Clear next steps
Understand the structure, requirements, and transaction-specific considerations before deciding whether to proceed.
Start the conversation
Ready to explore your Term Loan options?
Tell us what you are looking to accomplish. Start with the business or transaction and review the financing paths that may be relevant. No upfront brokerage fee to explore financing options.
Related Meridian content
Continue your financing review.
Business Line of Credit
A revolving business line of credit option for ongoing business expenses.
Learn More
Revenue-Based Financing
A working-capital financing structure with a typical fixed daily or weekly remittance for eligible businesses.
Learn More
MCA Consolidation
A consolidation path for businesses with multiple qualifying MCA or cash-advance positions.
Learn More