Short-term loan

Short Term Business Loan

Fund your business on your terms.

Funding amount: $10K – $1M
Funding speed: As quick as 1–2 days
Cost: Beginning at 6%
Term: Up to 24 months

Two baristas at work behind a café counter, where a slow month is short and specific.

Short-term loan

What it is

A short term loan works like a term loan with a shorter payback period, usually a year or less. It is built for the things that cannot wait: an unexpected cost, a slow season, a short project that will pay for itself.

You may be in a hurry to get financing, but rushing into the wrong short term loan is expensive. A funding specialist goes through the offers with you before you sign anything.

What it gives you

What the network publishes for it

Fixed rates, so repayment never moves
Money in as little as 1–2 days, once a lender approves
Spend it on any business purpose
No out-of-pocket fees

The evidence

What a lender will look at for this one

The five items from the checklist, with what this program publishes about each.

Time in business

That the business has lasted through more than one season, and that its revenue has a history rather than a start date.

What short-term loan publishes
No published requirement. The lender decides.
Monthly revenue

The size of what the business can carry: how much a repayment would be as a share of what it takes in.

What short-term loan publishes
No published requirement. The lender decides.
Recent bank statements

That the revenue is real. Deposits are the one figure a lender does not have to take on trust.

What short-term loan publishes
No published requirement. The lender decides.
Credit

How debt has been handled before. It is one item among five, not the whole case.

What short-term loan publishes
No published requirement. The lender decides.
For equipment, the quote

What the money buys and what it is worth. Qualifications vary with the equipment itself.

What short-term loan publishes
Not asked for this program.