Reyes Flores's Contact Details

Reyes Flores's Company Details

TD Funding Solutions | Rapid Funding| 24 hour funding | Same Day Approval

Frisco, TX, US • 5 - 9 Employees
Financial Services

Our lending program is a NATIONWIDE platform with loan amounts ranging from $100,000 – $1,000,000+. Financing can be achieved in as little as 48-hours, provided our level of comfort is there with the request.What is a business term loan?A business term loan is perhaps the most traditional method of small business financing for borrowers in need of financing for longer than 12 months.Business term loans are used for a wide variety of reasons. Generally speaking, business term loans are used to make longer term investments in your business, including the purchase of fixed assets, investment in new technology, and hiring staff.Why use business term loans?Businesses tend to prefer term loans because repayment amounts are fixed, so you know what is due every month, and payment amounts tend to be lower because repayment is spread out over a longer period of time. The application is usually more detailed and the approval process is longer. As a result, the rate of approval for small businesses is not as high compared to other financing options. Typically, start-up companies will not qualify for bank term loan financing. As a small business owner, you should know upfront about the lender's requirements for approval before you apply. If approved, however, your interest rate can be significantly lower than some of the high cost, short term alternatives!