Rise Business Funding

Long-Term Business Loans in Philadelphia, Pennsylvania

Philadelphia's diverse economy spans healthcare, education, manufacturing, and a thriving food and hospitality scene. Whether you operate in Center City, Fishtown, or South Philly, long-term business loans give Philadelphia business owners the extended repayment structure needed to invest confidently in growth.

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Funding in 30 to 90 Days

Typical funding time is 30 to 90 days, depending on the lender and your documents.

Funding $50K to $5M

Amounts range from $50K to $5M, based on your revenue and credit profile.

All 50 States

Serving Philadelphia and every corner of Pennsylvania

About Long-Term Business Loans in Philadelphia

Long-term business loans in Philadelphia are structured for capital commitments that require years, not months, to pay off. A life sciences firm expanding into the Philadelphia Navy Yard's Greenway District needs runway measured in multi-year installments, not a short cycle of weekly draws. The same logic applies to a transportation company scaling its fleet to serve the Philadelphia metro's distribution hubs, where Pennsylvania's transportation and warehousing sector posted its largest single-sector net job gain of any industry in Q3 2024, adding 8,941 positions statewide. When your repayment horizon matches your investment horizon, your cash flow stays intact for day-to-day operations. Long-term business loans give Philadelphia businesses precisely that alignment.

The industries most active in Philadelphia right now share one characteristic: they require durable capital. Pharmaceutical and life sciences operators tied to the Montgomery County corridor, including firms proximate to Merck's West Point campus, regularly finance facility upgrades and cold-chain equipment over terms that span three to seven years. A food and beverage manufacturer supplying regional grocery chains out of the Lancaster County corridor needs a term structure that covers production line investment without squeezing operating margins every quarter. For logistics operators moving freight along the I-78/I-81 corridor into the Philadelphia metro, trucking business loans with extended terms can finance trailer acquisitions or warehouse lease commitments without forcing a refinance mid-contract. Advanced manufacturing suppliers in the Delaware Valley serving anchor employers like Procter & Gamble often carry equipment with ten-year useful lives. Matching depreciation schedules to repayment terms makes financial planning straightforward. Explore manufacturing business loans and equipment financing if capital assets are the primary use of proceeds.

Philadelphia County's GDP reached approximately $134.99 billion in 2024, and Pennsylvania's Corporate Net Income Tax rate dropped to 7.99% on January 1, 2025, part of a legislated schedule reducing it to 4.99% by 2031. That trajectory improves after-tax cash flow over the life of a long-term loan, making multi-year repayment more manageable for C corporations operating here. Use the business funding calculator to model payment structures against your projected revenue before you apply.

Financing Options in Philadelphia

Long-Term Business Loans

Long-term loans provide Philadelphia businesses with lump-sum capital repaid over multiple years, making them ideal for large investments. Predictable monthly payments help with budgeting and cash flow planning over an extended horizon.

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SBA Loans

SBA loans offer government-backed financing with competitive terms and extended repayment schedules well-suited for Philadelphia small businesses. Lenders in our network help guide eligible borrowers through the SBA application process.

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Term Loans

Term loans deliver a fixed amount of capital upfront with structured repayment over a set period, giving Philadelphia businesses clarity and consistency. They work well for one-time investments like equipment purchases or expansion costs.

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Business Line of Credit

A revolving line of credit gives Philadelphia businesses on-demand access to capital they can draw, repay, and draw again. It pairs well with a long-term loan to cover day-to-day cash flow gaps between larger funding milestones.

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Equipment Financing

Equipment financing allows Philadelphia businesses to acquire machinery, vehicles, or technology using the equipment itself as collateral. This preserves working capital while ensuring long-term productive assets are fully funded.

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Revenue-Based Financing

Revenue-based financing ties repayment to a percentage of monthly business revenue, offering flexibility for Philadelphia businesses with seasonal or variable income. It is a strong complement to longer-term fixed repayment structures.

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Requirements to Qualify

Personal FICO Score

650+

Long-term loans require stronger creditworthiness than short-term products. A score of 650 or above typically qualifies, with better scores unlocking lower rates and higher amounts.

Monthly Revenue

$15,000+

Lenders need confidence that your business can sustain monthly payments over multiple years. Strong, consistent revenue is the primary qualification factor for long-term financing.

Time in Business

2+ years

Demonstrates financial stability and an established operating track record. Long-term lenders require a longer history than short-term products to justify the extended commitment.

Bank Account

Business account required

Used to verify revenue patterns, cash flow consistency, and manage automated monthly repayments. Personal accounts are not accepted.

How Rise Works

1

Submit Your Application

Complete our secure online application in minutes and share your recent business bank statements. No hard credit pull is required to apply, and there are no upfront fees.

2

Get Matched and Get a Decision

Rise Business Funding reviews your application and matches you with lenders in our network suited to your business. The lender then underwrites your application in full.

3

Receive Your Funds

Once you accept an offer and finalize documents with the lender, funds go to your business bank account. Typical funding time is 30 to 90 days.

Why Business Owners Choose Rise Business Funding

  • Funding in 30 to 90 Days

    Typical funding time is 30 to 90 days, depending on the lender and your documents.

  • Free to Apply, No Obligation

    Applying costs nothing, and you're never obligated to accept an offer.

  • Compare Before You Commit

    See the options you qualify for side by side, then pick the one whose payments fit your cash flow.

Pennsylvania-Specific Resources

Philadelphia business owners have access to meaningful public lending resources alongside private financing from Rise Business Funding. The Pennsylvania Industrial Development Authority (PIDA) offers low-interest loans for manufacturers and industrial enterprises, covering land, construction, and equipment purchases up to $2,000,000 through certified economic development organizations. Finanta, a Treasury-certified CDFI serving Philadelphia and surrounding counties, provides microloans and small business loans to operators who may not yet qualify for conventional credit. The SBA Philadelphia District Office, located in King of Prussia, coordinates 7(a) and 504 loan guarantee programs across 40 eastern Pennsylvania counties. These programs can complement a long-term loan from Rise Business Funding, particularly when a PIDA loan covers real estate and lenders in the Rise Business Funding network provide working capital or equipment financing to complete the same project.

SBA Philadelphia District Office

The SBA Philadelphia District Office serves 40 counties in eastern Pennsylvania. It connects local small businesses to SBA 7(a) loans, 504 loans and microloans through participating lenders, and to free counseling through Small Business Development Centers, SCORE chapters and Women's Business Centers.

sba.gov

Finanta

Finanta is a Treasury-certified CDFI (formerly Community First Fund, merged with FINANTA) serving 16 Pennsylvania counties including Philadelphia, Lancaster, and Lehigh Valley, providing microloans under $50,000 for startups and small businesses, larger small business loans for maturing businesses, and an Affinity Group Lending program offering $1,200 to $25,000 group credit-building loans with no minimum credit score requirement.

finanta.org

City of Philadelphia Commerce Department

City of Philadelphia Commerce Department offers grants, plus business advising to small businesses in Philadelphia.

phila.gov

Invest in Philadelphia (Philly PIDC)

Invest in Philadelphia (Philly PIDC) offers term loans and commercial real estate loans to small businesses in Philadelphia.

pidcphila.com

Pennsylvania SBDC at Temple University

The Pennsylvania Small Business Development Center network, including the Temple University SBDC serving Philadelphia, provides free advising, financial planning assistance, and connections to capital resources for small business owners.

pasbdc.org
Statewide programs for Pennsylvania businesses

Frequently Asked Questions

About Funding in Philadelphia

What are long-term business loans in Philadelphia, Pennsylvania?

Long-term business loans in Philadelphia, Pennsylvania are financing products that provide a lump sum of capital repaid over an extended period, typically two to ten or more years. They are designed for significant investments such as real estate acquisitions, major equipment purchases, multi-location expansion, or large-scale renovations. The extended repayment timeline keeps monthly obligations lower compared to short-term products, making them well-suited for Philadelphia businesses making substantial capital commitments.

How do I apply for a long-term business loan in Philadelphia?

Applying through Rise Business Funding is straightforward. Complete the online application with details about your Philadelphia business, including monthly revenue, time in business, and funding purpose. Lenders in our network review your submission and typically fund within 30 to 90 days. Once approved, you review the loan terms and, if accepted, funds are deposited directly into your business bank account. Having recent bank statements and basic business documentation ready speeds the process considerably.

What credit score do I need to qualify for a long-term business loan?

Most lenders in our network require a minimum personal FICO score of 650 to be considered for a long-term business loan. However, credit score is one of several factors evaluated. Lenders also weigh monthly revenue, time in business, and the overall financial health of your Philadelphia business. Business owners with stronger credit profiles generally access larger loan amounts and more favorable repayment terms, but a 650 score is a solid starting point for many applicants.

How fast can I receive funding after applying?

Funding from lenders in our network typically arrives within 30 to 90 days. After accepting an offer and providing any final documentation, funding can be deposited into your business bank account in 30 to 90 days. The exact timeline depends on the lender, the loan size, and the completeness of your application materials. Having bank statements, revenue records, and business formation documents prepared in advance can significantly accelerate the process.

Can a startup in Philadelphia qualify for a long-term business loan?

Most lenders in our network require at least two years of operating history before considering a long-term loan application. Very early-stage startups with no revenue history may find it challenging to qualify for traditional long-term products. However, businesses that have been operating for two years or more with consistent monthly revenue of at least $15,000 are generally eligible to apply. Startups that do not yet meet these thresholds may consider bridge financing or a business line of credit as an interim step.

What can I use a long-term business loan for in Philadelphia?

Long-term business loans in Philadelphia can be used for a wide range of growth-oriented purposes. Common uses include purchasing or renovating commercial real estate, acquiring major equipment or machinery, funding a new business location, hiring and training staff, expanding production capacity, or refinancing existing higher-cost debt into a more manageable long-term structure. Philadelphia businesses in healthcare, manufacturing, food service, and retail frequently use long-term financing to fund investments that generate returns over multiple years.

Does my business need to be an LLC or corporation to qualify?

No specific legal structure is required to apply for a long-term business loan through Rise Business Funding. Lenders in our network work with sole proprietors, LLCs, S-corporations, C-corporations, and partnerships. What matters most is that you have an active business bank account, verifiable monthly revenue, at least two years of operating history, and a personal credit score of 650 or higher. Having a formal business entity can sometimes strengthen your application, but it is not a universal prerequisite.

Are there Philadelphia-specific programs that complement long-term loans?

Yes. Philadelphia business owners can access several public resources alongside private long-term financing. The SBA Philadelphia District Office connects businesses with federally backed loan programs. The Philadelphia SBDC at Temple University offers free consulting to help business owners prepare strong loan applications. The City of Philadelphia's Department of Commerce administers neighborhood business programs and grants. Pennsylvania's SSBCI program supports lenders who serve small businesses that may need additional credit support. These programs can complement and strengthen your overall financing strategy.

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