Term Loans

A term loan involves a lump sum of capital borrowed upfront and repaid in regular payments over time.  

 

Features:

  • Amount borrowed is repaid in regular installment payments multiplied by a fixed or variable rate of interest

  • Terms range from 12-24 months

  • No prepayment penalty

  • Fully amortizing

Ideal for:

  • ​FICO scores 700+

  • Owners able to provide personal guarantee of replayment and performance

 

 

 

 

Learn more about Star Strong Capital and term loans:

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