Term Loan
The most traditional business loan: one sum, repaid on a fixed schedule.
- Funding amount
- Up to $1M
- Rate
- Starting at 5.5%
Short-term loan
Short-Term Business Loan
Quick cash with a quick payback, for a need with an end date.
- Funding amount
- $10K – $1M
- Funding speed
- As quick as 1–2 days
- Cost
- Beginning at 6%
- Term
- Up to 24 months
What short-term loan is
How it works, and what it suits
A short-term loan is the one owners reach for when something needs paying for now and will pay for itself soon: payroll through a slow month, stock for a busy one, a short project, a cost nobody saw coming. It is the most general-purpose tool in the six.
It pays best with a plan for the money. Owners with solid credit and two or more years of trading usually have the most offers to choose from, and your representative sets out the pros and cons of each before you decide.
Who it is built for
Three trades this programme is most often used by
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Automotive
4 of the six name it
Repair shops, dealers and fleets: lifts and diagnostic gear, parts on the shelf, and vehicles that earn the money back.
- Term loanUp to $1M
- Short-term loan$10K – $1M
- Working capitalUp to $1M
- Equipment financingUp to $250K
-
Construction
4 of the six name it
Contractors who buy the materials and hire the machine before the job's first draw is paid.
- Term loanUp to $1M
- Short-term loan$10K – $1M
- Equipment financingUp to $250K
- Cash advance$5K – $500K
-
Retail
3 of the six name it
Shops that stock up ahead of a season and live through the quiet weeks on either side of it.
- Line of creditUp to $1M
- Short-term loan$10K – $1M
- Cash advance$5K – $500K
What it gives you
The short version
- From $10,000 to $1 million
- Repaid over up to twenty-four months
- Funded in as little as one to two days
- Compared across 75+ lenders at no cost to you
The application
Take advantage of business financing today
One free application, read for all six programmes by 75+ lenders. A representative will be in touch within one business day to go through what comes back.
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Financial options
All six, this one marked
Business Line of Credit
A revolving limit you draw on when you need it and pay for only when you do.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Short-Term Business Loan
Quick cash with a quick payback, for a need with an end date.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Business Working Capital Loan
Money for the running of the business, when the bank's timetable is too slow.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Equipment Financing
The full cost of new or used equipment, leased or bought, without paying it upfront.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Business Cash Advance
An advance on the sales a business has not made yet.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%