A term loan provides a lump sum of capital upfront, which is repaid over a fixed period with consistent monthly payments. It’s ideal for larger investments—like expansions, equipment purchases, or new hires—enabling you to scale operations or meet significant business goals without dipping into your working capital.

Qualifying for a term loan typically requires a solid business history, reliable revenue, and strong financial statements. Lenders often assess creditworthiness, business performance, and collateral to determine loan terms and amounts. Haro’s advisors can help you understand the best options for your goals and financial profile.

Some term loans allow early repayment, but others may carry prepayment penalties. These penalties compensate lenders for the interest income lost if the loan is paid off sooner than expected. Checking for prepayment terms with Haro can help ensure you select a loan that aligns with your long-term financial flexibility.

Haro is not a direct lender. We specialize in capital advisory, connecting businesses with qualified lenders that align with their unique financing needs. Our role is to optimize the capital-raising process, ensuring you’re matched with the right funding partners.