A long-term business loan throughout Capital Canal’s network of lenders is ideal for larger loans – up to $500,000 – offers friendly terms ranging from 15 to 36 months and Annual Interest Rates starting at 5.99% for qualified business.
- Lower interest rates than most types of loans.
- Ideal business loan for company expansion.
- Helpful when searching for 12+ months terms.
Our long term business loans are tailored for small to mid-sized companies ready for larger and longer projects such as a business expansion, new location acquisition, equipment purchase, new product(s) development, or purchasing an existing business or a franchise.
Capital Canal Role in Commercial Lending
It is true that long-term business loans are difficult for newly founded businesses to obtain since only established companies with proven financial success over the years are approved for these types of loans through traditional lending institutions such as banks or credit unions. However, the alternative lending industry has soared in recent years due to a more flexible underwriting process. Capital Canal is an exemplar representative of this growing industry focused on helping small businesses get adequate funding.