Long-term business loan

Growth Term Loans up to $300,000 with fixed monthly payments

The Leap Funding Growth Term Loan is a long-term business loan of up to $300,000 with fixed monthly payments and 4, 5, or 10 year terms. It sits between a merchant cash advance and an SBA loan: far lower payments than daily or weekly MCA debt, without the paperwork and wait of an SBA loan.

Apply for a Growth Term Loan

Growth Term Loan terms and requirements

Loan amountUp to $300,000
Terms4, 5, or 10 years
PaymentsFixed, monthly
Minimum credit score640+ FICO
Time in business1+ year
Revenue$100,000+ annual
MCA buyoutUp to 2 existing positions

Requirements are general guidelines. Final terms depend on underwriting.

Who a Growth Term Loan is best for

  • Established businesses with 1+ year in business and $100K+ in annual revenue
  • Owners with a 640+ FICO score who want a predictable monthly payment
  • Businesses paying off up to 2 merchant cash advance positions to free up cash flow
  • Expansion, hiring, equipment, inventory, or refinancing expensive short-term debt

What you need to apply

  • •Short application
  • •Recent business bank statements
  • •Business tax returns and financial statements
  • •Details of any existing loans or advances being paid off

How it works with Leap Funding

  1. Step 1

    Apply

    Complete a short online application — it takes a few minutes.

  2. Step 2

    Get matched

    We review your file and match it to the funding programs you qualify for across our lending network.

  3. Step 3

    Get funded

    Compare your options with a dedicated advisor and choose the one that fits.

Growth Term Loan FAQ

What is a Growth Term Loan?

A Growth Term Loan is a long-term business loan from Leap Funding of up to $300,000, repaid with fixed monthly payments over 4, 5, or 10 years. It is built for established small businesses that want lower payments than a merchant cash advance without the red tape of an SBA loan.

What credit score do I need for a Growth Term Loan?

Most approvals start at a 640+ FICO score, along with at least 1 year in business and $100,000 or more in annual revenue.

Can I use a Growth Term Loan to pay off a merchant cash advance?

Yes. The Growth Term Loan can buy out up to 2 existing MCA positions, replacing daily or weekly payments with one fixed monthly payment.

How is a Growth Term Loan different from an SBA loan?

SBA loans offer larger amounts and longer terms but require more documentation and take longer to close. The Growth Term Loan caps at $300,000 with a faster, simpler process.

Is the payment fixed?

Yes. Payments are monthly and fixed for the life of the loan.

Other funding options

See what you qualify for

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