Term Loan
The benchmark everything else is measured against.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
One of six options
Short Term Business Loan
Less interest in total, more out of each month.
- Funding amount
- $10K – $1M
- Funding speed
- As quick as 1–2 days
- Cost
- Beginning at 6%
- Term
- Up to 24 months
Short-term loan
How a short-term loan is priced
A short term loan compresses a term loan into a year or two. The headline rate may look similar, but far less interest accrues because there is far less time for it to accrue in.
The trade is the monthly payment, which is considerably larger. Compared properly against a longer term loan, it is often the cheaper option overall and the harder one to carry month to month.
Before you sign
What to compare
- Total cost against a longer term loan
- Payment size against your quietest month
- Fixed rate for the whole term
- Early settlement terms
The application
See your offers
About two minutes to apply, no cost, and no effect on your credit. You are under no obligation to accept anything that comes back.
Rather talk to somebody first? (844) 220-3232.
The options
Priced against the other five
Short Term Business Loan
Less interest in total, more out of each month.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
Secured lending, and priced accordingly.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
Short money for running costs, collected often.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
Priced on what you draw, not what you are approved for.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Revenue-Based Funding
The one that needs the closest reading.
- Funding amount
- $5K – $500K
- Funding speed
- 24–48 hours
