Short Term
Business Loans

The interest rate you will pay and the amount you can borrow will depend
on your annual business revenue and business banking history. Personal credit history may also be a factor.

Short-term business loans focus on cash flow as the primary underwriting foundation.
Strong cash-flow can act as a compensating factor to offset other negative financial information that would disqualify
a business for a traditional bank loan.

The interest rate you will pay and the amount you can borrow will depend on
your annual business revenue and business banking history.
Personal credit history may also be a factor.

Short-term business lenders underwrite based on cash-flow more than lenders
of traditional or “long” term loans. Strong cash-flow can act as compensating factor
to offset other negative financial information that would disqualify
a business for a traditional term loan.

Short-term business loans focus on
cash flow as the primary underwriting
foundation. Strong cash-flow can
act as a compensating factor to offset
other negative financial information that would
disqualify a business for a traditional bank loan.

Getting approved for a Short Term Business Loan is a fast and easy process:

Applying for a Short Term Business Loan

Just complete a simple one page application
and provide your recent business bank statements.

Approvals take 24-48 hours and funds are available in about 5 business days*

Connect with an agent and get professional consulting.

Applying for a Short
Term Business Loan

Getting approved for a Short
Term Business Loan is a fast and easy process:

Approvals take 24-48 hours and
funds are available in about 5 business days*

Overall, it’s a straightforward loan product...

Short-Term Loans Defined

You receive a set amount of cash upfront that you agree to pay back,
along with the lender’s fees and interest, over a predetermined period of time.

But with short-term loans for business, loan amounts may be smaller, the repayment period
drastically shorter, interest rates higher, and you often pay the lender back on a daily or weekly instead of monthly schedule.

On the flip side they're:

Easier to qualify for

Faster to apply

Quicker to fund

You receive a set amount of cash upfront
that you agree to pay back,
along with the lender’s fees and interest, over
a predetermined period of time.

Short-Term
Loans Defined

On the flip side
they're:

The speed and ease of application makes a short-term business loan deal riskier for the lender.
They spend less time vetting your business and checking that you’ll be able to pay back on time and have a history of doing so.
Because short-term loans tend to fund for riskier borrowers, they tend to have more expensive interest rates.

Why do they come with high interest rates?

The speed and ease of application makes a short-term
business loan deal riskier for the lender.
They spend less time vetting your business and checking
that you’ll be able to pay back on time and have a history of doing so.
Because short-term loans tend to fund for riskier borrowers,
they tend to have more expensive interest rates.

Why do they come
with high interest rates?

Anyone who runs a small business knows: it takes money to make money...

Best Uses for Short-Term Loans

What if you have the opportunity to fill a massive order for a customer who can pay you in 60 days,
but your supplier needs to be paid in a week?

Without access to cash, you might have to pass up that golden opportunity.

Do you have a seasonal small business that needs an influx of capital just before the holiday season?

Getting a short-term business loan would give you the funding to cover promotional expenses
and build your inventory well before the holidays—even though you might be short on cash right now.

Trying to find a way to fund business expansion, refinance other short-term debts at more favorable
terms, pay upcoming taxes, and put extra cash into your business?

Take advantage of new opportunities, or meet pretty much any short-term financing need.
Fast financing gives you the flexibility to spend how you need.

Best Uses for
Short-Term Loans

Anyone who runs a small business knows:
it takes money to make money...

What if you have the opportunity to fill a massive order
for a customer who can pay you in 60 days,
but your supplier needs to be paid in a week?

Do you have a seasonal small business that needs
an influx of capital just before the holiday season?

Getting a short-term business loan would give you the funding
to cover promotional expenses and build your inventory well before
the holidays—even though you might be short on cash right now.

Trying to find a way to fund business expansion,
refinance other short-term debts at more favorable terms,
pay upcoming taxes, and put extra cash into your business?

Take advantage of new opportunities, or meet pretty much
any short-term financing need. Fast financing gives you the
flexibility to spend how you need.