What are the different types of long-term business loans?

There are a few different types of long-term business loans, including:

●        Equipment financing

●        Commercial real estate loans

●        SBA loans

●        Term loans

What is the longest term for a business loan?

The loan term for a long-term business loan can be as long as 25 years.

What are the benefits of long-term business loans?

Long-term business loans typically have the advantage of lower monthly payments than other forms of financing. They also allow for larger loan amounts and come with fixed monthly payments.

How much can I borrow for a long-term business loan?

The amount you can borrow with a long-term business loan depends on your company, its revenue, and the industry you operate in. Loan amounts frequently range from $300,000 to $5 million or more.

What are typical long-term business loan rates?

Long-term business loan rates start at 3.25% for well-qualified borrowers but can be higher for people with poor credit. In some cases, they can exceed 6%.

What is the Longest Term for a Business Loan?

The longest-term business loans are usually loans used to buy real estate or expensive equipment. They can last for up to 25 years.

How much do long-term business loans cost?

The cost of long-term business loans depends on the fees charged and interest rates. Expect to pay between 2.5% and 5% interest on the loan’s balance each year.


Long-term business loans can be a useful tool for investing in your company and financing expansion. They allow for large loan amounts and low monthly payments. However, make sure you’re ready to commit to making monthly payments for years or decades.

About the Authors

TJ Porter

Written by: TJ Porter

Personal Finance Writer

I have in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions both simple and complicated.

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Kal Salem

Fact checked by: Kal Salem

CPA, PMP and Finance Consultant

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA Services LLC.

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