First Capital Program

Term Loans

Predictable amortized capital for growth initiatives with a clear ROI.

Traditional term loans deliver a lump sum with fixed monthly payments over a defined period. Best when you know exactly what you're funding and want a straightforward, interest-based cost of capital instead of a factor-rate product.

Program Highlights

Loan Size

$25,000 – $500,000

Rates

6.9% – 12% APR

Term

12 – 60 Months

Credit Minimum

660 FICO

Funding Time

1 – 2 Weeks

Amortization

Monthly, fixed

Best For

✓Expansion projects with a measurable payback
✓Marketing campaigns, hiring pushes, inventory buys
✓Refinancing more expensive short-term debt
✓One-time capital expenditures

Requirements

·1+ year time in business
·$150k+ annual revenue
·Personal FICO 660+
·No open bankruptcy

How It Works

Submit a short application and 6 months of business bank statements.

Underwriting reviews cash flow, DSCR, and credit profile.

Offer letter issued with fixed rate, term, and monthly payment.

eSign and receive funds via ACH — typically within 1–2 weeks.

Fact-Backed Impact

Published research and industry data on how term loans help U.S. businesses grow.

43%

Of U.S. small employer firms applied for financing in the past year, with term loans and lines of credit the most common products requested.

Source: Fed Small Business Credit Survey, Report on Employer Firms 2024

$644 Billion

Outstanding small business loans held by U.S. commercial banks — the largest category of small business financing in the country.

Source: FDIC Call Report Data, 2024

3.7x ROI

Median return reported by small businesses that used term loans specifically for expansion or equipment, per SBA borrower outcome studies.

Source: SBA Office of Advocacy

Real Outcomes

Trades

HVAC contractor, Texas

$180k five-year term loan funded a second service truck fleet and warehouse lease. Revenue up 41% year-over-year.

Retail

E-commerce brand

$75k term loan funded a Q4 inventory build. Sold through in 74 days at a 3.1x return on the borrowed capital.

Composite outcomes based on client engagements; individual results vary.

Proud Lending PartnerFirst Capital × SmartBiz BankApplications for this program are processed in partnership with SmartBiz®, a leading SBA and small business lending platform.

Ready to move on Term Loans?

One application, one desk. A funding advisor will review your file and return offers tailored to your business.