Small business term loans without the runaround.
IOU provides small business term loans with straightforward costs, flexible repayment options, and a lending team that helps you choose the structure that makes the most sense for your business — no high-pressure tactics or hidden fees.
Who qualifies for an IOU business term loan?
Getting funding shouldn’t feel out of reach. If you run a business with steady revenue and a year under your belt, you could be a great fit.
1 year in business or more
We’re here for companies that have established operations and know their market.
$10,000 or more in monthly revenue
A clear picture of monthly income helps us structure a loan that fits comfortably.
A personal credit score of 630 or higher
We work with business owners across a wide range of credit backgrounds.
Estimate payments before you apply.
Move the sliders to estimate payments based on your loan amount and term.
Our business loan rates range from 1.50-4.00% per month depending on the industry, operator, FICO score, cash flow and other risk factors. For this illustration, we used a standard average calculation based on a 12-month loan with an average IOU risk score at 2.15% per month. If you pay the loan off early, there is a discount on the total repayment amount. If you refinance the loan with IOU, you can qualify for a larger prepayment discount.
Choose a term. Shorter terms = lower cost.
Pick the schedule that works for your business.
Disclaimer: This calculator provides an estimate for illustrative purposes only and does not constitute an offer, approval, or commitment to lend. Actual terms depend on credit review and underwriting.
$0 weekly
Estimate includes standard fees
When you treat small businesses right, the impact adds up.
We believe in doing what is best for business owners. In our 15 years, that approach has helped deploy $1.9B in loans, which has generated an estimated $6.5B in economic impact and created ~41,000 jobs.
Capital deployed
Comprising of more than 17,000 loans to small businesses (SMBs).
Incremental U.S. business activity
IOU’s $1.9B in loans deployed for small businesses has generated $6.5B in incremental economic growth.
Jobs created
That growth has employed over 41,000 hard-working individuals across the United States.
Celebrating the wins of hardworking business owners.
Thousands of small business owners have trusted IOU Financial to help them reach their goals. From first-time borrowers to long-time partners, they share one thing in common — a simple, supportive lending experience that works.
“As a rapidly growing small business with limited credit history, it’s been difficult for us to secure reasonable funding. IOU Financial offered fair rates and made the process straightforward.”
Small business owner | Founder | Transportation business
“IOU has been an outstanding source for short term funding for my business throughout the years of my career. I highly recommend their team especially when those emergencies pop up and you need funding quickly.”
Owner | Dental practicioner | Private practice
Quick Answers: Your Finance Questions Solved.
A business term loan gives you a lump sum of funding up front with a set repayment schedule. It’s a common choice for planned improvements, equipment, hiring, and operational expenses because payments are predictable.
Many small businesses choose term loans because they offer clear costs and structured repayment. IOU Financial provides term loans that are built for small business needs with guidance from experienced advisors.
You can apply online in minutes and get a quick decision. If approved, funding can move fast so you can act on opportunities without long bank timelines.
| Short term business loans (often 6–12 months) are good for quick projects and fast ROI. |
Longer term business loans (up to 2 years) help spread out higher costs so payments stay comfortable while you grow.
IOU Financial offers loans from $15,000 up to $1,500,000 depending on revenue and goals.
No. We work with a wide range of credit backgrounds. A credit score of 600+, steady revenue, and one year in business can be enough to qualify.
Yes. And when you pay it off early, you save on interest, which keeps more cash in your business.
Speed doesn’t have to come with strings attached. IOU Financial offers clear pricing and no hidden fees so you always know what you’re agreeing to.
Absolutely. Our specialists help you understand your options and choose a daily, weekly, or monthly schedule that supports your cash flow.
We lend with people in mind. That means real guidance, fair terms, and quick answers from a team that understands what you’re working to build.
Ready to accelerate your business?
Start your financing journey with a simple, transparent application process. We succeed when your business succeeds, which is why doing right by small business owners will always come first.