$4,000 – $1,000,000
HELPING YOU GROW
What is a Short Term Business Loan?
Short term business loans are a valuable tool for small businesses or start-ups that need business capital quickly and are easier to qualify for than traditional loans. Without sufficient funding, many companies would struggle or be forced to close their doors completely. In most cases, short term business loans must be repaid by a given due date which is usually within 1 year but can be as long as 18 months, anything longer than 18 months would be considered a medium-term or long term loan.
Types of Short Term Business Loans
A type of short term business loan called a merchant cash advance is not really an actual “loan” unless you consider your credit to be the same as money. Despite its confusing name, this kind of short-term funding works like any other traditional loan: The lender loans out funds and requires repayment with interest over time. However, in contrast to most loans where payments are made on specific dates or after receiving income from employment or another source (like investments), these payouts depend instead upon customer purchases that happen at merchants who use similar services.
- Receive up to $500k with a merchant cash advance
- Factor rates as low as 1.15
- Access to business funding in as little as 24 hours
Working Capitalcan help you take care of immediate needs in your business, whether that is a cash-flow shortfall or a new business opportunity. No collateral is required for our working capital loans or short-term funding, the required documentation is limited, and perfect credit is not needed. Nearly every industry can get a working capital loan.
Working capital loans are perfect for business owners who need short-term funding to grow. Working capital loans are simple, fast, and affordable and are designed to help with seasonal shortcomings with revenue or the need to boost inventory.
A line of credit is very similar to a business credit card, except that there are no monthly installments. Lines of credits have an initial limit, but individual purchases can be made up until the entire loan amount has been used. These lines include lower APRs compared with traditional loans and allow you to borrow money as needed during slow periods or unexpected costs while having more flexibility in making payments when your company experiences high growth rates.
- Receive up to $250k with a business line of credit
- Business lines of credit rates as low as 6%
Businesses can quickly apply for and receive short term loans by doing everything online. Business owners can access their funds within minutes, after receiving approval from the lender through a simple application process.
Online business loans make it easy for companies of all sizes to get funding when they need it most because almost everything is done electronically – including applications, approvals, and wire transfers that send money into your account immediately following an approved business loan offer.
Invoice financing is a short term business loan that uses accounts receivables from unpaid customers. The lender loans the money and charges interest based on how many weeks invoices remain outstanding. When an invoice gets paid, they interrupt payment of the invoice to take out what was charged in interest before returning it back to the borrower.
we have bad credit business funding options for business owners with bad credit. Bad credit shouldn’t affect your ability to receive a small business loan so our loan advisors take look at your business revenue and potential, rather than your credit score to find alternative lending options for your business.
Advantages of Short Term Business Loans
Faster Business Funding
Short term loans can help you get quick access to funds that meet your needs. These types of business loans are considered less risky for borrowers because they’re shorter in length and have a set maturity date, which allows the borrower’s ability to repay the loan more stability over time. Because lenders’ underwriting processes take less time with these kinds of loans compared to longer-term ones, it gives you an opportunity as a borrower to receive business funding faster.
Easy Business Funding
Short term business loans don’t require the borrower to jump through as many hoops. Short term business loans are great for small businesses and individuals with bad credit because they’re easy to get compared to other types of longer-term ones. They also have lower requirements as the amount borrowed is usually much smaller than a long one which requires higher scores.
Short Term Business Loans have many benefits for borrowers, including reduced documentation. With traditional loans, there is more red tape that needs to be cut through before approval, but with shorter term options the process becomes much simpler. If you are looking for a loan and want something less risky, I would recommend seeking out short term options as opposed to standard ones which take longer time periods of repayment.
What Are Some Reasons businesses Acquire Short Term Business Loans?
- Emergency capital
- Covid 19 Assistance
- Working Capital
- Cash Flow shortages
- Advertising/Marketing/Customer Acquisition
- Small Equipment Purchases
- Business Opportunity
How can I apply for a short term business loan?
Capital for Business offers short term business loans in its marketplace of over 175+ lenders, that are easy to apply for. After filling out a simple online application, they will reach out and learn more about your business so you can get the money you need quickly.
Other Types of Small Business Financing
It is often hard for small business owners to find business capital to hire more staff, expand, upgrade the equipment and software, or consolidate debt. Capital for Business provides the necessary support to those who form the backbone of the U.S. economy by offering short-term business loans and long term business loans with flexible terms and rates.
Capital for Business makes it easy to qualify for any type of business loan in, whether it be an SBA loan, business line of credit, invoice factoring, working capital loans, equipment financing, or a merchant cash advance.
How much do you need?
Estimated Interest Rate
What Type of Business Loan is Best for Your Small Business?
Whether you are expanding your business, investing in marketing, or advertising, or managing cash flow, it is hard to grow without the right kind of small business financing.
SBA 7a loans from $30,000 – $350,000 from the Capital for Business network can be used for debt refinancing and working capital. Working capital includes operational expenses, marketing, hiring, etc. SBA loans can be used to fund new equipment purchases as well.
SBA Commercial Real Estate Loans from $500,000 – $5 million from the Capital for Business network can be used for the purchase or refinance of commercial real estate that is 51% owner-occupied.
Bank Term Loans
A business term loan from lenders in the Capital for Business network is between 2-5 years and loan amounts anywhere from $30,000 to $500,000
- $30,000 to $500,000 loan amounts
- 2-5 year terms
- Fixed interest rate from 7.99%
- Monthly repayments
Are you in the need of new business equipment but do not have the necessary capital on hand to pay for it? Equipment financing done with Capital for Business is incredibly simple fast and affordable. We are a top-of-the-line marketplace alternative lender that can provide you with same-day funding to purchase any type of equipment that your business may need.
Whether software, heavy construction equipment, vehicles, and much more. You will repay your equipment loan with low monthly payments and we keep the upfront cost minimal to something that your business can afford.
Why should you apply for our small business loans?
Capital for Business has been serving small businesses for over 15 years and knows what the entrepreneurs value the most. That is why we offer:
- favorable approval rates.
- we offer microloans for small businesses
- we offer bad or poor credit business loans
- custom-tailored service with a dedicated loan specialist.
- reasonable eligibility requirements.
- flexible repayment terms on a daily, weekly, bi-weekly, or monthly basis.
- hassle-free application process.
- same-day approval.
Capital for Business is your reliable small business loan marketplace
Are you looking for ways to get small business financing? Capital for Business is a reliable marketplace lender trusted by thousands of small business owners across the U.S. and Canada. For more than 15 years, we have been helping small businesses grow and develop their companies.
Flexible terms and rates based on your business’ performance, and not solely personal credit history, may make Capital for Business loan an attractive option.
Take advantage of our small business loans in and bridge your capital shortfall. We are committed to helping you get the business funding you deserve, no matter what!
Industry Specific Business Loans
- Auto Repair and Body shop loans
- Agriculture Business Loans
- Beauty & Wellness Business Loans
- Chiropractic Business Loans
- Cleaning Services Business Loans
- Commercial Trucking Loans
- Construction Business Loans
- Convenience Store Loans
- Daycare Business Loans
- Dental Practice Loans
- Electrician Business Loans
- Food Truck Business Loans
- Landscaping Business Loans
- Gas Station Business Loans
- Gym and Fitness Business Loans
- Hardware Store Business Loans,
- Manufacturing Business Loans
- Medical Practice Loans
- Pharmacy Business Loans
- Plumbing Business Loans
- Real Estate Agent Business Loans
- Restaurant Business Loans
- Retail Business Loans
- Senior Care Business Loans
- Transportation Business Loans
- Hvac Business Loan
Industry Specific Equipment Financing
- Automotive Repair Shops Financing
- Commercial Trucks & Trailers Financing
- Commercial Vehicles Financing
- Computer Equipment Financing
- Construction & Contractor Equipment Financing
- Dental Equipment Financing
- Farm Equipment Financing
- Fleet Vehicles Financing
- Gym Equipment Financing
- Heavy Construction Equipment Financing
- Landscaping Equipment Financing
- Manufacturing Equipment Financing
- Medical Equipment Financing
- Office Equipment Financing
- Printers & Printing Equipment Financing
- Servers & IT Equipment Financing
How to Get a Short Term Business Loan
OUR FAST BUSINESS LOAN APPLICATION PROCESS
Get business funding in as little as 24 hours
In just three easy steps, you can access the right financing solution for your business. Our fast application and 24-hour funding process give you the working capital needed to grow your business in no time!
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