When you're ready to take your business to the next level, a term loan can be the reliable path to growth you've been looking for. With a fixed amount of capital provided upfront, you can use your loan to expand operations, purchase essential equipment, or invest in new projects that move your business forward.

Unlike a revolving line of credit, a term loan offers you a structured repayment plan—fixed installments over a defined period, usually between one and ten years. This predictability helps you manage your cash flow and plan with confidence.

Term loans often come with lower interest rates compared to other financing options, making them a smart and cost-effective way to access the capital your business needs. Whether you're seizing a new opportunity or building long-term stability, a term loan from SurePath Capital Funding gives you the funds, flexibility, and clarity to walk your own path to success.

Term Loan

Funding Scenario: Term Loan in Action

Business Name: Legacy Craft Furniture Co.

Owner: Thomas Bennett

Location: Asheville, North Carolina

Thomas runs Legacy Craft Furniture Co., a family-owned business known for handcrafted wood furniture made from locally sourced materials. After years of steady growth, Thomas spotted an opportunity to scale up by opening a second location and launching an online storefront—but he needed funding to make it happen.

To cover renovations, equipment purchases, and initial marketing for the new location, Thomas estimated he would need $150,000. Instead of draining his reserves or applying for multiple short-term loans, he reached out to SurePath Capital Funding to explore a term loan.

He qualified for a 5-year term loan at 7.5% interest, resulting in monthly payments of $3,000. The structure gave him both the capital and the predictability he needed to plan ahead with confidence.

Why It Worked for Thomas:

• Upfront capital – Covered expansion, inventory, and website development.

• Predictable payments – Easy to budget and manage monthly cash flow.

• Lower interest rate – More affordable than high-interest alternatives.

• Long-term growth – His second location increased sales by 35% in the first 6 months, and the online store opened up a national customer base.

Thanks to a term loan from SurePath Capital Funding, Thomas didn’t just expand his business—he took a confident step forward on the path to legacy-building success.