Short Term Loan

SHORT TERMS LOAN

A short-term loan is an unsecured type of loan that can help businesses with temporary needs. It gives more immediate funding than other loans in the market and comes with a repayment period of a few years or lesser. A short-term loan credit limit is lower than a line of credit. Short-term loans are sensible choices when dealing with unexpected financial difficulties for small businesses that are not yet eligible to apply for a line of credit from a bank.

Best for:

Start-up costs
Short-term operational costs
Emergency repairs
Cash flow gaps
Equipment purchase
Seasonal cash shortage
Business expansion
Establishing credit history

I have a BAD CREDIT. Can I get a short-term loan?

I have a BAD CREDIT. Can I get a short-term loan? Bentley Funding extends loans to borrowers with bad credit. We will conduct a credit check to ensure that you have a source of income to repay the loan. Even if you have bad credit, you can get a short-term loan if you can demonstrate that you have the means to repay it.

Do Short-term Loans Affect Your Credit Rating?

Like any other kind of loan, a short-term loan can affect your credit score. As long as you do not fail on repayments, your credit rating will not suffer. Timely repayment of your short-term loan can help you improve your credit rating.