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Riverhead Financial Partners

Financing

Term Loans

A fixed amount of capital, repaid in equal installments over a set term. The most predictable money in business finance: you know the payment, the payoff date, and the total cost on day one.

Approval range$25K – $10M
SpeedTypically 2–10 business days
RateAPR from 7.49%

Key terms

The facts, up front.

Approval range
$25,000 – $10,000,000
Term
12 – 120 months
APR
From 7.49% (credit-based)
Funding speed
2–10 business days · jumbo up to 6 weeks
Credit pull
Soft until you accept an offer
Typical fit
650+ FICO · 6+ months in business

The true cost

Estimate your payment

Move the inputs to see the real numbers. We show total repaid and the effective rate — nothing hidden.

$500,000
60 mo
Personal credit

Estimated monthly payment

$10,017

Total repaid

$600,996

Total interest

$100,996

APR

7.49%

Principal83%Interest17%

Illustrative — not an offer. Rates as of September 2, 2026.

A strong fit when

  • A defined, one-time investment with a clear return
  • Owners who want one predictable payment they can plan around
  • Refinancing more expensive short-term debt into something sane

Probably not when

  • Recurring or unpredictable cash-flow gaps — use a line of credit
  • Amounts you might not fully need — you pay interest on all of it

How the process actually works

Offers come back with the payment and the total cost side by side, so you can trade term length against total interest before you accept.

Matching runs on a soft pull; a hard pull happens only when you accept a specific offer.

Questions

Term Loans, answered.

Most term-loan programs start around a 650 FICO, with the best pricing reserved for 700+. Below that, revenue-based financing or equipment financing is usually the more honest path — we'll tell you which.

  • APR shown is the lowest available and depends on credit, time in business, and revenue. Your offer may differ.
  • Not all applicants qualify. Term loans are arranged through our lending-partner network.

Term Loans

See if this is your best option.

One application, and the matching algorithm surfaces every partner built for your profile — so you can see whether this product is truly your best fit.

Soft-pull first — no score impactor call (800) 655-2151