A business term loan is a lump-sum financing option that companies repay over a fixed period with scheduled monthly payments. It’s ideal for funding expansion, purchasing equipment, hiring staff, or managing large one-time expenses. With predictable interest rates and clear repayment terms, business term loans help owners plan cash flow effectively while investing in long-term growth and operational stability. https://www.mymudra.com/blog/what-is-business-term-loan