Need fast funding for your business? Here are the 5 best short-term business loan options for 2025, tailored to meet immediate financial needs like covering cash flow gaps or purchasing inventory. These loans are quick to apply for and offer flexible terms, making them ideal for small businesses. Here’s a snapshot of your options:
- Business Term Loans: Borrow up to $3M with fixed payments and terms from 3 to 24 months. Quick approval within 24 hours.
- Credit Line: Flexible borrowing up to $5M. Pay interest only on what you use.
- SBA Loans: Government-backed loans with lower interest rates and longer terms, perfect for growth and expansion.
- Zero-Interest Financing: Interest-free funding for equipment or inventory during the promotional period.
- Merchant Cash Advance: Get cash upfront based on your daily credit card sales, with repayments tied to revenue.
Quick Comparison
| Option | Loan Amount | Interest Rates | Repayment Terms | Approval Time |
|---|---|---|---|---|
| Business Term Loans | Up to $3M | Starting at 9% | 3–24 months | Within 24 hours |
| Credit Line | Up to $5M | Only on drawn amounts | Revolving | Within 24 hours |
| SBA Loans | $50K–$5M | 8.5%–14% | Up to 25 years | 2–3 weeks |
| Zero-Interest Financing | Varies by need | 0% (promo period) | Customized | 24–72 hours |
| Merchant Cash Advance | Up to 150% of sales | Based on factor rate | 3–12 months | Within 24 hours |
Each option caters to specific business needs, from managing cash flow to funding major investments. Choose the one that aligns with your goals and apply online for fast approval.
1. TermLoans Business Term Loans
TermLoans Business Term Loans provide funding of up to $3 million, with interest rates starting at 9% APR and repayment terms ranging from 3 months to 5 years. This makes them a practical choice for addressing various business financing needs, especially when time is critical.
Here’s what you need to qualify:
| Requirement | Minimum Threshold |
|---|---|
| Annual Revenue | $100,000 |
| Credit Score | 500 |
| Time in Business | 6 months |
| Maximum Loan Amount | $3,000,000 |
| APR Range | Starting at 9% |
The application process is quick, with funds available within 24 hours. This speed is ideal for businesses facing urgent cash flow issues or time-sensitive opportunities.
These loans can be used for:
- Purchasing inventory
- Upgrading equipment
- Covering working capital
- Handling emergency expenses
- Managing seasonal cash flow gaps
With clear terms and repayment schedules that fit your needs, these loans help businesses maintain steady cash flow while meeting immediate financial demands.
2. TermLoans Credit Line
The TermLoans Credit Line is designed to tackle cash flow challenges by offering fast and flexible funding. This revolving credit option gives businesses access to working capital whenever needed. Borrow up to your approved limit and only pay interest on the amount you use.
| Feature | Details |
|---|---|
| Credit Limit | Up to $5,000,000 |
| Interest Charges | Only on drawn amounts |
| Repayment Terms | Flexible, revolving credit |
| Access Speed | Funds available within 24 hours |
| Annual Fee | $150 for lines under $50,000 |
| Minimum Requirements | • 6+ months in business • $3,000 monthly revenue • 500+ credit score |
This credit line is perfect for businesses with changing needs. It works well for managing seasonal inventory, handling unexpected repairs, bridging cash flow gaps, or funding projects.
Applying is simple through TermLoans’ online platform. Most qualified businesses get approved within hours. Once approved, you can draw funds as needed, and repayments restore your available credit.
Interest is charged only on the outstanding balance. For secured credit lines, TermLoans requires a Uniform Commercial Code (UCC) lien filing, ensuring competitive rates and protecting both parties. To speed up the process, applicants should provide basic documents, like recent financial statements and tax returns.
3. TermLoans SBA Loans
TermLoans provides a range of SBA loans designed to help businesses secure funding with longer repayment periods and lower interest rates. These government-backed loans are ideal for businesses aiming to grow, manage cash flow, or invest in their future.
| Loan Program | Amount Range | Interest Rate (Mar 2025) | Term Length |
|---|---|---|---|
| SBA 7(a) | $50,000 – $5M | 8.50% – 10.25% | Up to 25 years |
| SBA Express | $25,000 – $500,000 | 12.00% – 14.00% | Up to 10 years |
| SBA Small Loans | $50,000 – $500,000 | 9.75% – 12.25% | Up to 10 years |
The SBA 7(a) program stands out for its versatility. Funds can be used for working capital, business expansion, equipment purchases, inventory, real estate, refinancing, or renovations. It’s a one-stop solution for a variety of business needs.
Eligibility Requirements
To qualify for TermLoans SBA loans, businesses must:
- Operate for profit within the United States
- Meet the SBA’s size standards for small businesses
- Show the ability to repay the loan
- Have exhausted other financing options
- Maintain a strong credit history
Application Process
The application process is detailed but manageable. TermLoans simplifies it by assisting with SBA-required documentation, such as financial statements, tax returns, and business plans. While approval might take longer than standard loans, the advantages – like favorable terms – make it worthwhile.
For real estate investments, TermLoans offers up to 100% financing through the SBA 7(a) program with repayment terms of up to 25 years. Dedicated SBA specialists guide you every step of the way, ensuring clarity and compliance throughout the process.
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4. TermLoans Zero-Interest Financing
With TermLoans’ Zero-Interest Financing, businesses can make interest-free investments in equipment, inventory, or office upgrades – as long as repayment terms are followed. This option offers predictable monthly payments, making budgeting easier.
| Financing Feature | Details |
|---|---|
| Interest Rate | 0% during the promotional period |
| Key Qualification | On-time payments to avoid fees or retroactive interest |
These features help businesses save money and maintain steady cash flow.
Key Advantages
By eliminating interest charges on large purchases, businesses can better manage their finances. This program works well for companies with consistent revenue that need to fund major investments without worrying about extra costs.
Requirements to Qualify
To keep the zero-interest benefit, borrowers must:
- Make all payments on time.
- Pay off the full balance within the promotional period.
- Follow all terms outlined in the agreement.
Things to Keep in Mind
Carefully read the terms before committing. Missing a payment or carrying a balance past the promotional period will lead to retroactive interest and penalties.
Approved Expenses
Funds can be used for a variety of business needs, including:
- Commercial furniture
- Equipment upgrades
- Office renovations
- Technology purchases
- Inventory expansion
For a complete list of approved expenses, check your loan agreement. This financing option is ideal for businesses with reliable cash flow and a clear repayment strategy.
5. Additional Short-Term Financing Option
TermLoans offers another short-term funding solution: the Merchant Cash Advance. This option provides businesses with a lump sum of cash in exchange for a percentage of their daily credit card sales, making it a good fit for businesses with consistent card transactions.
How It Works
The amount you can receive is based on your business’s average monthly credit card sales. Instead of fixed monthly payments, repayment is automatically deducted as a small percentage of your daily credit card revenue, typically between 5% and 15%.
| Feature | Details |
|---|---|
| Advance Amount | Up to 150% of monthly card sales |
| Payment Structure | Percentage of daily card revenue |
| Typical Duration | 3-12 months |
| Approval Time | As fast as 24 hours |
This setup works well for industries with fluctuating sales.
Best-Suited Businesses
This option is particularly helpful for:
- Retail stores
- Restaurants
- Service-based businesses
- E-commerce companies
Qualification Requirements
To qualify for a Merchant Cash Advance, your business must meet these criteria:
- Operate for at least 6 months
- Generate at least $10,000 in monthly credit card sales
- Have no bankruptcies in the past 2 years
- Maintain a valid business checking account
Flexible Payment Model
One of the standout features is its payment flexibility. Since repayments are tied to your sales, you’ll pay less during slower periods. This can help maintain cash flow during seasonal downturns.
Things to Keep in Mind
Before choosing this option, think about:
- The total cost of the advance
- How it will affect your daily cash flow
- Other financing options available through TermLoans
- Your business’s seasonal revenue patterns
This funding option provides quick access to cash and adjusts to your sales, making it a practical choice for businesses with unpredictable revenue.
Benefits and Drawbacks
Take a closer look at TermLoans’ options to find the one that best matches your financial goals. Here’s a side-by-side comparison of their offerings:
| Feature | Business Term Loans | Credit Line | SBA Loans | Zero-Interest Financing | Merchant Cash Advance |
|---|---|---|---|---|---|
| Loan Amount | Up to $3M | Up to $250,000 | $10,000–$5M | Varies by qualification | Up to 150% of monthly card sales |
| Interest Rates | Starting at 6% | From 7.8% | From 8.49% | 0% | Based on factor rate |
| Term Length | 6–24 months | 6–12 months | 6 months–7 years | Customized terms | 3–12 months |
| Approval Time | Within 24 hours | 24 hours | 2–3 weeks | 24–72 hours | 24 hours |
These figures reflect the most up-to-date product details provided earlier.
This comparison highlights the unique features of each financing option.
Key Advantages
- Business Term Loans: Fixed payments make it easier to manage cash flow and budget effectively.
- Credit Line: Flexible, revolving access to funds lets you borrow only what you need, when you need it.
- SBA Loans: Longer repayment terms and government support make these ideal for established businesses.
- Zero-Interest Financing: Save on interest during promotional periods.
- Merchant Cash Advance: Payments adjust automatically based on your daily credit card sales.
Important Considerations
Keep these factors in mind when deciding on a loan:
- Funding Speed: If you need cash fast, note that SBA loans take longer to approve.
- Payment Structure: Be prepared for potential rate changes after promotional periods.
- Cash Flow Impact: Understand how repayment terms will affect your daily operations.
- Eligibility: Check the specific qualification requirements for each option.
Tailor your choice to your business’s unique financial needs and goals.
Industry-Specific Benefits
Some financing options are better suited to particular industries:
- Retail and Restaurants: Merchant cash advances can help manage seasonal inventory needs.
- Manufacturing: Business term loans are great for upgrading equipment or facilities.
- Service Businesses: A credit line ensures steady access to working capital.
- E-commerce: Flexible funding supports inventory purchases and marketing campaigns.
Next Steps
Now that you’ve got a clear picture of your financing options, here’s how to move forward and secure the funding your business needs:
1. Gather Your Documents
Make sure you have these essentials ready:
- Business financial statements
- Recent bank statements
- Business tax returns
- Proof of at least $100,000 in annual revenue
- Business checking account details
- A valid business license or registration
2. Confirm Your Eligibility
Check if you meet these basic criteria:
- A personal FICO score of at least 625
- At least one year in business
- An active business checking account
- Consistent monthly revenue
3. Pick the Right Financing Option
Choose the solution that aligns with your goals:
| Purpose | Recommended Option | Key Advantage |
|---|---|---|
| Buying Equipment | Business Term Loan | Fixed payments, up to $5M |
| Day-to-Day Operations | Credit Line | Flexible draws |
| Expanding Your Business | SBA Loan | Lower rates, longer terms |
| Stocking Seasonal Items | Zero-Interest Financing | No interest |
4. Apply Online
Head to TermLoans.com to:
- Fill out the online application
- Get pre-approved in minutes
- Upload your documents
- Receive funding in as little as 24 hours
Need assistance? Call 1-800-TERMLOANS for expert guidance.
