It depends on the use of the loan. A line of credit is used for short term cash flow issues. It is usually for 12 months with the ability to renew if you are paying on time. Hard assets such with longer life spans can be financed up to 7 years depending on the asset. Assets such as building can be financed up to 25 years. Just make sure your financing matches your needs appropriatley. You don't want to finance a long term asset with short term money.