There are several factors that can affect the term of a business loan, including the amount of the loan and the lender providing the financing. The term of business loans typically ranges from six months to five years or longer. Some businesses may also be able to renew or extend their business loans at certain points during their terms. Choosing the correct business loan is an important decision for any entrepreneur looking to expand their business. For more information on the different types of financing available, please request a callback, send us an email, or call 1300 550 007.
