Small Business Term Loan from $10,000 to $500,000!

A term loan is a singular loan requiring repayment in fixed amounts on a daily or weekly basis over a specified period, typically up to 24 months. Instead of an interest rate, the repayment includes a flat fee determined based on factors such as creditworthiness, business tenure, and other relevant considerations, added to the borrowed amount.

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Small Business Term Loan

From $10,000 to $500,000!

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Common Reasons for a Term Loan

Paying off existing or overdue taxes or supplier invoices

Launching a new marketing or ad campaign

Hiring or training new employees

Moving your business to a new location

Leasehold improvements, remodeling or renovations

Securing inventory, stocking up on inventory or raw materials

Upgrading or repairing your equipment

Cash flow to cover expenses

Common Reasons for a Term Loan

Paying off existing or overdue taxes or supplier invoices

Launching a new marketing or ad campaign

Hiring or training new employees

Moving your business to a new location

Leasehold improvements, remodeling or renovations

Securing inventory, stocking up on inventory or raw materials

Upgrading or repairing your equipment

Cash flow to cover expenses

The Funding Process

1. Online Application

Online - Simple - Free

2. Analysis and Pricing

Best offers are being prepared

3. Discuss Offers

With a dedicated Funding Specialist to cater to all your needs

4. Agreement Review

Electronic Agreements to avoid waste and keep things simple

5. Required Items

Sometimes we requires a few documents to get the funds released

6. Funding Call

Underwriting will schedule a call to discuss the funding details

7. Funds are Deposited Electronically

EFT - for the fastest transfer

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Industries

Our financing programs give small business owners easy, quick access to funds.

Industries

Our financing programs give small business owners easy, quick access to funds.

Small Business Loan Requirements

Financing Terms Loan Amount: $10,000 - $500,000
Term Length: 6-12 Months
Payment Frequency: Daily or Weekly

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At least 6 months in business

At least 5 deposits of revenue per month

At least $10,000 in monthly revenue

Small Business Loan Requirements

Financing Terms Loan Amount: $10,000 - $500,000
Term Length: 6-12 Months
Payment Frequency: Daily or Weekly

At least 6 months in business

At least 5 deposits of revenue per month

At least $10,000 in monthly revenue

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FAQ

Do you have a few inquiries before applying for your alternative small business loan? RIG Finserv is here to assist you at every stage of the process. Below, you'll discover responses to the most frequently asked questions. If you don't find the information you seek, please reach out to us, and we'll be happy to provide personalized answers to your small business loan queries.

FAQ

Do you have a few inquiries before applying for your alternative small business loan? RIG Finserv is here to assist you at every stage of the process. Below, you'll discover responses to the most frequently asked questions. If you don't find the information you seek, please reach out to us, and we'll be happy to provide personalized answers to your small business loan queries.

What is business term loan?

A micro loan is a small business loan of up to $250,000 that allows a business owner to make small daily fixed payments within a 3-month, 6-month, 9-month or 12-month term without any accumulating interest.

Why should I choose Term Loan?

A term loan is perfect for a business owner who needs to purchase inventory or equipment quickly without having the commitment of a long term loan and large monthly payment.

Is it really free to apply with RIG Finserv?

Yes – it is truly free. We promise there is no catch.

Who gets approval for Term Loan?

In order to be considered for an term loan, you must be in business for 6-month, have over $10,000 monthly sales, and your business must operate within Canada and USA. Note that specific terms change with the lender.

Who is RIG Finserv?

RIG Finserv is a marketing company working with Financing Partners, Lenders and Banks. For any questions, drop an email to info@rigfinserv.com

How long does the application process take?

The application process takes 5-minutes, approval in 24-hours and the funds are in your bank within 48-hours.