Fuel Business Growth with a Term Loan

Our Business Term Loans are tailored to facilitate significant investments in your business's growth and expansion. By providing a lump sum of cash upfront, these loans allow you to finance new projects, expand facilities, or upgrade technology with the certainty of a fixed or variable interest rate. The predictable repayment schedule aids in financial planning by providing clear timelines and cost expectations.

Strategic Funding to Scale Your Operations with Term Loans

Term loans are suited for businesses that need stable, reliable funding to undertake major upgrades or expansions. Whether you're acquiring another business, enhancing your operational infrastructure, or launching a new product line, our term loans provide the substantial backing you need to move forward with confidence. They offer not only financial resources but also the opportunity to build and improve your business credit rating through consistent repayments.

  • Fixed or variable interest rates

  • Predictable monthly payments

  • Suitable for large, one-time investments

  • Longer repayment periods

  • Helps build business credit

Testimonials

When my car broke down unexpectedly, I was hit with a massive repair bill that I simply couldn't afford. Thanks to Purple Peach's service, I was able to get the cash I needed within hours to fix my car and get back on the road. Their hassle-free process and friendly staff made a stressful situation so much easier to manage. I'm grateful for their help during my time of need.

Zac Lamb

As a single mom, juggling bills and unexpected expenses can be overwhelming. Last month, when I was hit with a higher than normal utility bill, I didn't know how I would make ends meet. Fortunately, the Purple Peach Team provided me with a short-term solution that allowed me to keep the lights on until my next paycheck. Their service was confidential, and the process was clearly explained. I can't thank them enough for their assistance during a very difficult time.

Max Rami

FAQS

Can I pay off my balance early with no penalty?

Yes, we does not charge any penalty for paying off your business financing early. In fact, many customers who pay off early qualify for Early Payment Discount. If you would like to find out your early payoff amount, you can request it from us at any time and we are happy to let you know what your payoff balance is.

What do I need to qualify?

To Qualify, your business should have the following:
• Minimum of 6 months in business
• Minimum of $50,000 in monthly revenue

How do you protect my personal information?

Purple Peach goes through great lengths to make sure your information is safe and secure. Here is how:

• 128-bit secure sockets layer (SSL) Technology

• To access your account, you must use a browser that supports 128-bit encryption. This is one of the best commercial methods available.

Do I need to put up any collateral?

No.

I have more questions, can you help?

Yes, you can contact us and one of our dedicated experts will assist you with any questions you have.

Are there restrictions on what I can use the funds for?

The funds can be used for any business purpose. It is up to you to decide how you want to use it. These are some of the most common ways that customers have used their loans:
• Increased Cash Flow
• Marketing
• Everyday Business Expenses
• Payroll
• Purchase Inventory
• Hire Additional Employees
• Equipment Upgrades
• Renovations/Refurbishments
• New Locations