Short Term Loans

A short-term loan is almost identical to a term loan, except that you pay back the money, with interest, on a daily or weekly basis during a shorter period of time.

See if you qualify

Overview

Loan Amount

$3,000 to $500,000

Interest Rate

As low as 10%

Term Length

3 - 18 months

Processing Time to Fund

As fast as 24 hours

Repayment Frequency

Daily, Weekly

Pros & Cons

  • Quick to fund
  • Fixed repayment structure
  • Limited paperwork
  • Credit Score is not a determining factor
  • Suitable for a wide range of business purposes
  • Repayment frequency may not be practical for all business types
  • Annual costs may be higher when considering a shorter period of time

Minimum Qualifications

Annual Revenue

$50,000+

Credit Score

525+

Time in Business

6 months+

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