How it works
The borrower receives principal and repays it with interest according to the note. Terms may be secured or unsecured, fixed or variable, and fully amortizing or structured with a final payment.
Financing Options
Business Term Loans
A term loan provides a lump sum repaid over an agreed schedule. It can suit a defined investment when the payment fits the business throughout the full term.
Product Overview
Capital with a clear purpose
Businesses financing a specific project or expense with a reasonably predictable cost and a preference for a defined payoff schedule.
Synergy Capital helps business owners explore financing options and understand the structure presented. Availability, amounts, pricing, and terms depend on underwriting and the funder’s approval and are not a guarantee of funding.
Repayment
Payments may be daily, weekly, or monthly depending on the lender. An amortization schedule shows principal and interest over time. Check whether the payment can change and whether a balloon balance remains at maturity.
Cost
Evaluate the interest rate, APR when disclosed, origination charges, closing costs, and total of payments. A longer term may reduce each payment while increasing total interest.
Common business uses
A sound use of proceeds connects the financing to a specific operating need and a credible repayment plan.
Expansion and renovation
Fund a scoped project with costs and timing that can be modeled in advance.
Business acquisition
Support a purchase subject to lender review, valuation, and required documentation.
Refinance eligible debt
Replace an existing obligation only after comparing total remaining costs and any penalties.
Diligence
What to review in the agreement
These questions help you compare actual obligations, not just headline amounts. Request the final documents and take time to review them before signing.
Read the related guide →- Principal, rate type, APR, and complete fee schedule
- Payment amount, frequency, and amortization
- Prepayment penalty or any early-payoff discount
- Collateral, guaranties, covenants, and default provisions
- Final balance, balloon payment, and maturity date
Compare Options
Another structure may fit differently
No single product is best for every business. Compare the intended use, cost, repayment, collateral, and time horizon before choosing.
Illustrative information only. Availability, amounts, pricing, fees, and terms vary and are set after underwriting. Nothing on this page is an offer, commitment, or guarantee of approval or funding. Financing, if arranged, is provided by Synergy Capital or its funding partners. See Terms & Disclosures.
Discuss Your Next Move
Tell us what you want to accomplish. We will help you evaluate the available structure, cost, and repayment before you decide.
Applying or calling does not guarantee approval or funding. By submitting an application or contacting us, you consent to be contacted by Synergy Capital and its funding partners by phone, text, email, or other means at the numbers and addresses you provide, including by autodialed or prerecorded messages where permitted by law. Message and data rates may apply; consent is not a condition of purchase. Applying involves a soft credit inquiry, which does not affect your credit score. A funding partner may perform additional verification, which can include a hard inquiry, before final approval. See Terms & Disclosures and Privacy Policy.