Colaeb Capital / Term loans
Business term loans for the growth you have planned.
Borrow $10,000 to $5 million as a single lump sum with a fixed repayment schedule through our lending partner network. One application, multiple offers, and checking won't affect your credit.
By Manny Larcher, Founder of Colaeb · Updated October 2026 · Checking options won't affect your credit.
What is a term loan
One lump sum, one clear repayment plan.
A business term loan is the classic form of small business financing. You receive the full amount up front and repay it, with interest, in regular installments over a set term. Because the payment and payoff date are known from day one, term loans are easy to plan around.
That predictability makes them a strong fit for defined investments with a clear return: opening a second location, hiring a team ahead of a big contract, launching a product line or buying out a partner.
Short-term vs. long-term loans
- Short-term loans run from a few months to around two years. They fund quickly and suit fast-payback needs, but carry higher payments because the balance is repaid faster.
- Medium and long-term loans stretch up to ten years, lowering the monthly payment. They generally require more operating history and stronger financials.
Fixed or variable rates
Some term loans carry a fixed rate, so your payment never changes. Others are variable and move with a benchmark rate. Fixed rates offer certainty, while variable rates may start lower. Your funding advisor will show you which structure each lender is offering.
Term loan vs. line of credit vs. SBA
If your needs are recurring or unpredictable, a business line of credit may cost less because you only pay interest on what you draw. If you can wait 30 to 45 days and want the longest terms, an SBA loan may lower your payment. A term loan sits in between: fast to fund, simple to manage and sized to a specific goal.
Who qualifies
Three basics open most term loans.
These baselines open most of our partner's products. Longer terms and lower rates generally require more history and stronger credit.
Time in business
Many options open up after as little as four to six months of operating history.
Monthly gross sales
About $120,000 a year in revenue. Steady deposits strengthen your offers.
Credit score
Options exist for most credit profiles. Stronger credit generally unlocks longer, lower-cost terms.
How it works
From application to funded in three steps.
- 1
Apply online
Answer a few questions about your business. It takes minutes and won't affect your credit.
- 2
Review your offers
A dedicated funding advisor walks you through each offer's amount, rate, term and payment.
- 3
Get funded
Choose the offer that fits and receive funds, often within one to three days of approval.
The trade-offs
Is a term loan the right tool?
Term loans reward a clear plan. Here is how they compare.
Where it shines
- Full amount available up front
- Predictable payments and a fixed payoff date
- Fast funding, often in one to three days
- Builds business credit as you repay on time
What to plan for
- Interest accrues on the full balance from day one
- Short terms mean larger payments
- Prepayment terms vary by lender
- Less flexible than a line of credit for recurring needs
What owners fund with term loans
- Expansion and new locations
- Hiring ahead of growth
- Marketing campaigns
- Product launches
- Business acquisitions
- Refinancing costlier debt
Common questions about business term loans
What is a business term loan?
A loan that provides a lump sum up front, repaid in regular installments over a set term, from six months to ten years through our partner network.
How much can I borrow with a term loan?
Term loans through our lending partner network range from $10,000 to $5 million, depending on your revenue, time in business and credit.
How fast can I get a term loan?
Term loans typically fund in one to three days after approval.
Can I pay off a term loan early?
It depends on the lender. Some allow early payoff without penalty and some charge a fee or calculate interest up front. Your advisor will confirm the prepayment terms on each offer.
Is Colaeb the lender?
No. Colaeb connects you with our lending partner, ROK Financial, and its network of lenders, who make all credit decisions.
Will checking my options affect my credit?
No. Reviewing your funding options does not affect your credit score.
Other ways to fund growth
Not sure a term loan is the right fit?
One application shows you every product you qualify for. Compare them side by side on the Colaeb Capital page, or explore each option below.
SBA loans →
Long terms and lower payments for established businesses.
Business lines of credit →
Draw what you need, repay it, and draw again.
Equipment financing →
Vehicles, machinery and gear, with the equipment as collateral.
Working capital →
Short-term funding for payroll, inventory and cash-flow gaps.
About the author: Manny Larcher
Manny Larcher is the founder of Colaeb and an angel investor with over a decade of experience building, scaling and investing in companies across technology, healthcare, media and consumer brands. He was part of telehealth startup Ardina, acquired by Cardinal Health in 2017, and from 2022 to 2025 served as an Analyst at an Ohio venture capital firm investing in early-stage technology and healthcare startups.
Figures on this page reflect our lending partner's published ranges. Colaeb is not a lender; products are offered through ROK Financial and its network of lenders, who make all credit decisions. This page is general information, not financial advice.
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