The repayment period for business loans depends on the type of funding. A term loan might have a repayment term as short as one or two years, or as long as ten or even twenty-five years. Longer-term loans are usually used to finance large purchases such as real estate or heavy equipment. A business cash advance may carry a term as short as six months to a year. Lines of credit are often extended for one to five years. Remember: The longer your loan repayment period, the lower your monthly payments may be, but the more interest you might pay in total since you’re paying interest for a longer period of time.