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Business Term Loans

When your big plans come with big costs, a Business Term Loan can give you the cash you need to reach your goals.

Small Business Term Loans

With this lending solution, you'll get a lump sum disbursement to cover your immediate or long-term financing needs. You'll get the buying power you need without having to dip into your working capital, plus a predictable, fixed monthly payment you can work into your budget.

Key features and benefits of a Small Business Term Loan:

  • Competitive fixed rates for businesses
  • Customized repayment terms to suit your needs
  • Preferred rates for Webster business checking account customers
  • Business loans ranging from $10,000 to $6,000,000

Apply with Fast Track for quick approval >>

For loan amounts up to $250,000, use our Fast Track application process to get fast access to cash with one-day approval, clear terms and rates, plus the same great level of service you expect from Webster.

  •   What do I need to apply for a business term loan?

    To complete the application, you’ll need to provide general information about your business and personal information about each owner, including the following:

    For the business:

    • Tax Identification Number (TIN)
    • Most Recent Federal Business Tax Return (complete return required)
    • Number of years you have owned the business
    • Information on your current business deposit & loan accounts (if not with Webster Bank, N.A.)

    For the owner(s):

    • Name, Address and Phone Number
    • Social Security Number & Date of Birth
    • Percentage of ownership
    • Personal income and financial information

All credit products, pricing and overdraft protection are subject to the normal credit approval process. Some applications may require further consideration and/or supplemental information. Certain terms and conditions may apply. SBA guaranteed products may also be subject to additional terms, conditions and fees. Requires a Webster business checking account which must be opened prior to loan closing and which must be used for auto-deduct of payment.