Free Business Loan and Line of Credit Term Sheet Generator
For a bank term loan, revolving line of credit, or both. Covers borrowing base, rate, collateral, guaranties, and covenants. Fill in the terms on the left. Your term sheet updates on the right. Download it as a Word file when you're done.
What this template covers
- Lender
- Borrower
- Guarantors
- Revolving line of credit
- Term loan
- Fees
- Collateral
- Guaranties
- Financial covenants
- Reporting
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.
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