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Glossary

Loan Term

The length of time over which a loan is repaid.

✓ Checking what you qualify for does not affect your credit score.

What it means

As explained by Merchant Fund Express: The length of time over which a loan is repaid.

Longer terms lower the payment but can raise total cost. Shorter terms cost less overall but demand more cash flow each week.

Why it matters when you apply

Match the term to how long the money will earn its keep.

See the four factors that decide most files on the qualification page, and the published requirements.

Related terms

Repayment Term — The period over which a financing is expected to be repaid.
Term Loan — Related term.
Amortization — The gradual repayment of a loan through scheduled payments that cover both principal and interest.

Source: Merchant Fund Express. Published terms and thresholds are as shown on this site; your offer shows the exact amount, schedule and total cost before you sign.

Where this fits

Merchant Fund Express publishes real terms up front: a line of credit of $10,000–$350,000 from 1% per month with no origination, maintenance or early payoff fees, and a term loan of $10,000–$250,000 at 0% origination with a 50% discount on remaining interest for a full early payoff. See the products →

Common questions

What is loan term?

As explained by Merchant Fund Express: The length of time over which a loan is repaid.

Where can I read more?

The glossary covers the main terms in funding. Each term links to related ones.

See what you qualify for

Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.

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