Term Business Loans in Houston — SBA & Financing

A $100,000 business loan payment depends on the term, interest rate, fees, and repayment structure. For principal alone, a 48-month term equals about $2,083 per month before interest and fees; a 36-month term equals about $2,778. Franklin Financing Services reviews available programs, including fixed term loans and SBA financing, so you can compare realistic payment expectations.

Business Term Loans through Franklin Financing Services are available from $20,000 to $500,000. The FAST TRACK program covers $20,000 to $100,000 with a simplified application and the last four months of bank statements. SBA 7(a) financing can range from $150,000 to $5.0 million for eligible businesses and approved uses.

Certain programs are designed for speed. FAST TRACK term loan decisions may be available in 24–48 hours, with funding shortly after approval and, in some cases, as little as 3 days. Easy Pay Cash Advance approvals may also occur within 48 hours, with funding in under 7 days for qualifying businesses.

For FAST TRACK term loans, businesses may only need an application and the last four months of bank statements. Revenue-based financing requires more detailed underwriting, including two years of monthly financial statements, revenue by customer, a debt schedule, and projections if available. SBA loans typically require broader financial, ownership, credit, and use-of-proceeds documentation.

Not always. Franklin Financing Services works with businesses that may not qualify with traditional banks, including companies with poor credit, late payments, or previous bank turndowns for certain programs. SBA financing still requires satisfactory credit histories for principals and guarantors, while alternative funding options may offer more flexible qualification paths.

SBA loan proceeds may be used for commercial real estate purchases, construction or refinance, leasehold improvements, business expansion, machinery, equipment, furniture, fixtures, business acquisition, and working capital when connected to eligible purposes. SBA financing can also support start-ups in approved categories such as franchises, motels, restaurants, gas stations, and convenience stores.

Some SBA-related costs are disclosed upfront. Franklin Financing Services lists a loan packaging fee from $750 to $2,000, based on loan size and collected at submission, with a refund if declined by credit. SBA guaranty fees may range from 1.70% to 2.60% of the loan amount and can be financed into the loan.

Eligible industries include gas stations, convenience stores, dry cleaners, agriculture, distilleries, breweries, restaurants, bars, liquor stores, healthcare, pet care, CPAs, lawyers, engineers, hotels, motels, and many professional services. Some businesses cannot be funded, including used car dealers, banks, insurance carriers, money service businesses, adult entertainment, marijuana-related businesses, nonprofits, government entities, and online gambling services.