Term Loan ($25K–$500K)(Banks, credit unions, non-bank lenders) — Inventory purchase, seasonal build, contract deposit — any defined, bounded need. Read reviewApply for a Term Loan →
Invoice Factoring(Factoring companies (specialized non-bank lenders)) — B2B businesses with slow-paying commercial customers and strong AR aging. Read reviewApply for Invoice Factoring →
Bottom line
Short-Term Loan (6–18 Month) — Defined repayment over 6–18 months — faster to fund and easier to qualify than a bank term loan. Best for: Bridge financing, defined operational needs, borrowers rebuilding business credit.. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.
Questions about Short-Term Loan (6–18 Month)
Who is a Short-Term Loan (6–18 Month) best for?
It fits bridge financing, defined operational needs, and borrowers rebuilding business credit. The non-bank structure funds faster and qualifies more easily than a traditional bank term loan, making it a middle option between an MCA and a bank loan.
What APR and loan amounts does a short-term loan typically carry?
Per the listed data, the typical APR range is 20%–60% (non-bank tier, reflecting speed and credit profile), with loan sizes from $10K–$250K and a sweet spot of $25K–$150K at non-bank lenders. Your actual rate varies by creditworthiness — confirm terms with the lender.
How fast can a short-term loan fund, and what are the repayment terms?
Underwriting is faster than a bank term loan — often 2–5 business days to funding. Terms run 6–18 months with a fixed weekly or monthly payment, which is more predictable than an MCA's revenue-based holdback.
What credit profile does a short-term loan target?
The eligibility data cites 580+ personal FICO, 6–12 months time in business, revenue sufficient to service the payment, and a business bank account. Qualification difficulty is rated low-moderate.
How does a short-term loan compare in cost to other working-capital options?
It is generally lower-cost than an MCA for a similar advance over a comparable period, but its APR is meaningfully higher than a bank line or SBA loan for equivalent profiles. Note some lenders use factor rates rather than simple interest, so prepayment may not always reduce total cost.
How do I apply for a Short-Term Loan?
You can start an application through ClearValue Lending's apply portal. ClearValue is a neutral financial-decisions platform, not the lender — final terms and approval come from the lender.
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