Short-Term Business Loans
Your business needs capital now, not in six weeks. Short-term business loans through Rise give you a lump sum of funding with repayment terms of 3 to 18 months, structured around your revenue. Whether you need a 3 month business loan to bridge a cash flow gap or a 6 month business loan to fund a growth push, Rise delivers fast approvals with funding as soon as the same business day. No multi-year commitments, just the capital you need on a timeline that works.
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What Is a Short-Term Business Loan?
A short-term business loan provides a lump sum of capital that you repay over 3 to 18 months through fixed daily, weekly, or monthly payments. Unlike traditional bank loans that take weeks to process and lock you into multi-year commitments, short-term financing is designed for speed and accessibility, with approvals in hours, funding within 24 hours.
These loans work best for defined, near-term capital needs: covering cash flow gaps, purchasing inventory, funding equipment repairs, launching marketing campaigns, or managing unexpected expenses. The repayment amount is fixed from day one, so you always know exactly what you owe.
Short-term loans are available to businesses with a range of credit profiles. Rise focuses on revenue performance rather than credit score alone, making this option accessible to businesses that may not qualify for a traditional long-term loan or SBA loan. Use our business loan calculator to estimate your total repayment costs.
Requirements to Qualify for a Short-Term Business Loan
Personal FICO Score
500+
Short-term loans are more accessible than traditional financing. A credit score of 500 or above is typically sufficient, though better scores may unlock lower rates.
Monthly Revenue
$10,000+
Consistent revenue is the primary qualification factor. Lenders evaluate your bank deposits to verify your ability to handle daily or weekly repayments.
Time in Business
6+ months
Demonstrates an established operating history. Some products are available with as little as 3 months for businesses with strong revenue.
Bank Account
Business account required
Used to verify revenue patterns and manage automated repayment deductions. Personal accounts are not accepted.
Not sure if you qualify? Rise evaluates your full business picture, not just a single number. Even if your credit history isn't perfect, strong revenue can open doors. Businesses across all industries are welcome to apply, including restaurants managing seasonal swings and transportation companies covering fuel and maintenance costs.
How Short-Term Business Loans Work
Fixed Lump Sum Funding
You receive the full loan amount upfront as a single deposit into your business bank account. Amounts typically range from $5,000 to $500,000 depending on your revenue and qualification profile.
Predictable Repayment Schedule
Payments are fixed and automatic, deducted daily, weekly, or monthly from your bank account. You know the exact repayment amount from day one. No variable rates, no compounding interest, no surprises.
Short Repayment Timeline
Terms run from 3 to 18 months. A 3 month business loan works for quick cash flow bridges. A 6 month business loan suits inventory builds or marketing campaigns. The shorter the term, the lower the total cost of capital.
Total Cost Disclosed Upfront
The full repayment amount, including principal and fees, is disclosed before you accept. There are no hidden charges, no compounding balances, and no penalties for early payoff on most products.
See If You Qualify in Minutes
Find out how much capital your business can access. The application takes less than 5 minutes and won't impact your credit score.
Pros & Cons of Short-Term Business Loans
Pros
Same-Day Funding Available
Most approvals happen within hours. Funds can be deposited within 24 hours, or even the same business day for businesses that apply in the morning.
Predictable Fixed Payments
Every payment is the same amount on the same schedule. You know exactly what leaves your account each day, week, or month. No variable rate surprises.
Easier Qualification Than Traditional Loans
Revenue performance matters more than credit history. Businesses with FICO scores as low as 500 can qualify when traditional banks say no.
No Long-Term Debt Commitment
Repay in 3 to 18 months and move on. No multi-year obligations hanging over your business. Once the total repayment is reached, deductions stop permanently.
Use Capital For Any Business Purpose
Payroll, inventory, equipment, marketing, emergency repairs, tax payments. There are no restrictions on how you use the funds. Deploy them wherever your business needs them most.
Cons
Higher Cost Than Traditional Bank Loans
Speed and accessibility come at a premium. The total repayment on a short-term loan will be higher than a conventional bank loan or SBA loan for the same principal amount.
Frequent Payment Deductions
Daily or weekly automatic deductions can put pressure on cash flow if your margins are tight. Make sure your revenue can comfortably absorb the holdback percentage before committing.
Not Suited For Long-Term Investments
If you need capital for a multi-year project like real estate or major expansion, a long-term loan or business line of credit offers a better structure with lower monthly payments.
Alternatives to Short-Term Business Loans
- Lump sum advance repaid through a percentage of daily revenue
- No fixed payment schedule. Repayment flexes with your sales volume
- Fastest funding option: same-day approval and 24-hour deposits
- No collateral required and minimal credit requirements
- Higher cost of capital but maximum flexibility for unpredictable revenue
- Revolving access to funds. Draw only what you need, when you need it
- Pay interest only on the amount you actually use, not the full limit
- Credit replenishes as you repay, creating an ongoing financial safety net
- Ideal for managing recurring cash flow gaps and seasonal fluctuations
- Requires stronger credit profile but offers lower cost over time
- Repayment terms from 1 to 10 years with lower monthly payments
- Best for major investments: expansion, real estate, large equipment
- Requires stronger financial track record and more documentation
- Significantly lower total interest rate than short-term products
- Not designed for urgent or time-sensitive capital needs
Frequently Asked Questions About
Short-Term Business Loans
A short-term business loan provides a lump sum of capital that you repay over 3 to 18 months through fixed daily, weekly, or monthly payments. Unlike traditional bank loans, short-term financing is designed for speed and accessibility, with approvals in hours and funding as fast as the same business day.
Trusted by Small Businesses Across the USA
Fast Approval
As Little As 2 Hours
Funding Available
$5K to $5M
Businesses Funded
Across All 50 States
Short-Term Business Loans in Your State
Available across all 50 states and Washington, D.C. Pick your state to see local programs, qualification specifics, and state-tailored FAQs.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Get a Short-Term Business Loan Today
Apply in minutes, get approved the same day, and receive capital within 24 hours. Fast short-term business funding for growth, cash flow gaps, or emergencies.