Short-Term Business Loan
A short-term business loan gives borrowers the chance to access quick cash for short-term needs such as payroll funding, emergency expenses, or seasonal cash flow management. Borrowers receive short-term business loans as lump-sums of capital over time and are required to pay back short-term business loans quicker than traditional loans.
Types of short-term business loans include merchant cash advances, working capital loans, cash flow loans, invoice financing, and business lines of credit.