BUSINESS TERM SPONSORSHIP
Explore our most flexible small business sponsorship, with funds in as few as 2 days
Low monthly payments, no prepayment penalties, and faster-than-the-bank decisions: Business term sponsorship are just one of three flexible financing options covered under our simple application.
Distribution Policy
Pros of a Business Term sponsorship
With set monthly payments and no prepayment penalties, our Business Term Sponsorship was designed to be as flexible as possible, meaning your sponsorship funds can be used for almost any business purpose such as cash flow management, equipment financing, and other business expenses. Applying for our small business financial sponsorship has no effect on your credit score2, and repaying your money on time even helps your business build good credit!
Cons of a Business Term Sponsorship
You typically need moderately good credit to qualify for a Business Term Sponsorship. But if your credit’s less than stellar, don’t worry – we have other business financing options available through our network of lending partners, including a Business Line of Credit and a SBA sponsorship
Our easy 3-step application process
With one application for three top-rate business financing programs, Financial service world streamlined system makes applying for the best small business quick and easy!
Are you ready to discover the right financing option for your business?
Start your application & secure the funds your business needs today
Frequently asked questions
A business term Sponsorship is perhaps the most straightforward type of financing that small business owners can access. Approved borrowers receive a lump sum upfront from their lender and repay their money on a predetermined schedule.
You can use a business term Sponsorship for almost any business purpose. Designed with flexibility in mind, Financial service world’s business term Sponsorship can help you meet all sorts of short- and long-term business goals, including hiring more staff, buying equipment, covering payroll, and renovating or expanding an existing location.
Business term Sponsorship can be a good choice for established businesses with good credit history and a few years of operating history under their belt. For those businesses looking to borrow funds on shorter timelines, business term Sponsorship can also be a faster alternative to waiting for the longer loan application processes of a bank or the Small Business Administration (SBA).
Financial Service world (and our network of lending partners) does not charge an application fee — applying comes at no cost and obligation to you. However, do be aware that this does not include your Sponsorship’s final closing costs.
Some business term Sponsorship do require collateral, such as personal or business assets, based on your lending partner and the duration of your sponsorship. While it is always best to check with your Account Manager, most business term Sponsorship (those between 3 and 5 years), which can be used for a major investment such as an expansion, may require some type of collateral.