Term Loan : Business Loans : Business Consortium Fund

Unlock opportunity. BCF Term Loans: Fueling your business ambitions.

Lump Sum

Starting at $50,000
Flexible Terms

Up to 60 months
Competitive Interest Rate

Fixed Rates

Thrive on your terms. BCF funding is here to help your business soar.

Running a business is full of exciting challenges, but securing funding shouldn't be one. Whether you need to invest in equipment, fuel an expansion or consolidate your existing debts, BCF can help your business with financing needs.

Affordable payment options

BCF offers business term loans starting from $50,000 to $350,000, with repayment terms of up to 60 months for new borrowers. Existing clients can contact us to request additional funding for a higher amount. Our Lending team will work with you to determine the loan amount and term to fit your ongoing budget.

We also offer lines of credit to keep extra funds readily available. Approved clients can even use both a term loan and a line of credit simultaneously for maximum flexibility.

Let BCF be your partner in growth. Apply today! Check your eligibility without impacting your credit score.

Easy Application Process

Complete the Application

You can submit your loan application and required documentations online at your convenience.
Application Decision

Every application is carefully reviewed by our Underwriting team. We will communicate with you throughout the process.
Funds Disbursement

Upon approval, we'll work with you to tailor the perfect financing solution to fit your business needs and budget for loan repayment.

See if You Qualify: Explore Our Business Term Loan Requirements

Minimum Eligibility Criteria

51% ownership must be held by MBEs or socially and economically disadvantaged entrepreneurs.
650 personal credit score
3+ years in business
$150,000+ Gross annual revenue
Positive cash flow
Business-to-Business and/or Business-to-Government model
At least one (1) new or existing primary or subcontract, or purchase order

FAQs on Business Term Loans

A business term loan provides a one-time lump sum of funds to cover larger expenses. These loans offer predictable monthly payments over a set timeframe known as term, typically at a fixed interest rate. They're ideal for financing investments in your business's future, like equipment upgrades or expansion plans.

When to use a Business Term Loan?
Consider a business term loan for:

Large Investments: Ideal for significant upfront expenses like equipment purchases or expansions.
Fixed Project Costs: Business term loans provide predictability with consistent monthly payments, simplifying budgeting for specific projects or investments.
Debt Consolidation: Combine high-interest loans into a single, potentially lower-interest loan with manageable monthly payments, simplifying finances and reducing long-term interest costs.

Can you get a Business Term Loan and a Business Line of Credit at the same time?
Yes, you can have both a business term loan and a business line of credit at the same time, as long as you qualify for both. This can be a powerful strategy for businesses.

A term loan provides a lump sum for long-term investments like equipment or expansion.
A line of credit offers flexible access to funds for ongoing working capital and opportunistic expenses such as contract financing. This way, your business has the resources to cover both planned and unplanned needs.