Term loans.
Fixed-rate capital for acquisitions, expansions, equipment, and any move with a clear price tag.
- Amount
- $50K – $5M
- Term
- 1 to 5 years
- Time to fund
- 5 – 14 days
When a term loan fits.
- Buying out a partner, an asset, or a competitor
- Funding an expansion with a known cost and clear return
- Refinancing higher-cost debt into a single fixed payment
- Capitalizing equipment, build-outs, or technology rollouts
- Bridging to an SBA loan or refinance
How the deal is built.
- Amount
- $50,000 – $5,000,000
- Term
- 1 to 5 years
- Rate type
- Fixed
- Payments
- Monthly principal + interest
- Collateral
- Typically UCC blanket; case-by-case real estate or equipment
- Personal guarantee
- Required from 20%+ owners
- Time to fund
- 5–14 business days after document collection
What it takes to qualify.
- 1+ year in business (2+ preferred for amounts over $250K)
- 600+ personal FICO from majority owner
- $15,000+ in monthly revenue (verified via bank statements)
- US-based, for-profit business in a fundable industry
How we structure it.
We size term loans to fit the use of funds, not the maximum we could approve. If the deal supports $250K and you ask for $500K, we'll tell you. We'll also tell you what we'd need to see to get there.
Every term we quote — amount, rate, term, payment, collateral — is one we can hold. No bait-and-switch at closing.
Questions about term loans.
Can I prepay?
Yes. Most term loans have no prepayment penalty. A few structures carry a modest declining penalty in year one; we tell you upfront if yours does.
What rate should I expect?
Rates depend on file strength, term length, and use of funds. We won't quote a number before reading your file — anyone who does is guessing.
Do you require collateral?
We file a UCC on most term loans as standard. Real-estate or equipment-specific collateral is case-by-case based on size and use.
What if I need more than $5M?
Talk to us. For the right deal we can syndicate or staircase to a larger structure. We won't oversize a deal just to win it.
Is there a balloon payment?
No. All term loans amortize to zero over the term. No balloon, no surprise refinance pressure at the end.
Can I get a longer term?
Standard term is 1–5 years. SBA-style structures (7a, 504) can go to 10 or 25 years for the right deal — talk to us if that's the shape you need.
Will Powerhouse subordinate to a senior lender?
Case-by-case. We've subordinated to bank lines and SBA loans where the senior structure was clean and our position was protected.
What if my revenue is seasonal?
We model the trailing 12 months and the stress case. If your business is seasonal, we'll size the payment to your slow-month cash flow, not your peak.