Funding structure
A defined facility is repaid over an agreed period under the final loan agreement.
All loan products
Loan product
Business term loans
Structured business financing for planned investments, expansion, renovations, and larger projects.
Overview
Designed around a clear funding purpose.
A business term loan provides a defined funding amount with an agreed repayment schedule for a planned business investment.
Business expansion
Renovations and fit-outs
Large planned purchases
Longer-term growth projects
Key terms
What to expect during review.
These are general product characteristics, not an offer. Your final terms are provided only after review.
Repayment
Frequency and duration are determined from the purpose, cash flow, and underwriting review.
Cost
The approved rate and fees vary by applicant, facility, security, and jurisdiction.
Eligibility
Information commonly considered.
Eligibility depends on the applicant, purpose, documentation, underwriting, and jurisdiction. Meeting these general factors does not guarantee approval.
Review factors
- A clear plan for how the loan will support the business
- Demonstrated ability to manage scheduled repayments
- Business ownership and financial documentation
- Any collateral or guarantees required by the final offer
Next step
Discuss your business term loans needs.
Share a few details with Tompkins & Trust LLC to begin a no-obligation review of possible options.