Short Term Business Loans

  • Get up to $750,000 within 24 to 48 hours
  • 6 months to 2 years loan term
  • No collateral requirement
  • APR as low as 7%
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Short Term Loans

Short-term loans made easy.

What are Short-Term Business Loans?

A short-term business loan is a fixed amount of working capital borrowed from a lender with a pre-determined interest rate. You pay it back with regular payments based on the term length. No collateral is needed for a term loan.

Short-term loans are the most popular way to fund a business. They provide a flexible financing option to handle growth opportunities, manage fluctuating cash flow or pay for unexpected expenses. We structure term loans with early payoff incentives to reduce your cost.

Running a small business can be challenging and time-consuming. When time is money, a short-term loan from Clarify can provide the working capital in as little as 24 to 48 hours.

Benefits of Short Term Loans

Every enterprise needs working capital and cash flow to grow and succeed. You can borrow it from family and friends, get a shareholder or apply for a small business loan. Each choice has its advantages and disadvantages. Here are the key benefits of getting a quick infusion of financing with a term loan:

Fast funding

The entire process of applying for a short-term loan to getting the money in your bank takes just 1-2 days. This speed allows you to focus on what you do best -- running your company.

You keep total control

With a term loan, you maintain full ownership of your business. There are no collateral requirements which allow short-term loans to be a safe financing option.

High approval rate

Whether you have good or bad credit, you can qualify for short-term financing. Check your options with our quick business loan application. We'll compare 75+ lenders to show you the best short-term loan for your specific needs.

Tax deductible

Interest paid on a term loan is tax deductible at the end of the year. This further lowers the cost of securing capital to grow your business.

Transparent process

Term loans from Clarify are simple, convenient, and transparent. Your dedicated advisor walks you through the terms and payment schedule. We've got your back.

How to Qualify for a Short-Term Business Loan

Being one of the fastest ways to get working capital, there are only three key things to keep in mind when applying:

1. Time in business

Your business should have been operational for at least 3-6 months. How long you've been in business is a risk assessment signal for lenders. The longer the duration, the lower the risk for lenders to provide you financing.

2. Average monthly revenue

Most lending companies require your business to generate at least $10K a month to qualify for short-term loans. Your current revenue numbers help lenders calculate the maximum loan amount your business qualifies for.

3. Credit rating

You can secure a term loan with both good or bad credit. Your credit score is one of the factors that determines your interest rate. The higher your credit score, the better APR you will receive. We recommend borrowers have a score of at least 550.

Popular Short-term Business Loan Uses

Choose how you allocate business funds, whatever your needs. Below are common ways business owners use traditional loans to achieve their goals.


Unplanned costs come up all the time. With the budget set and capital tied up elsewhere, you might not have the cash on hand to pay for an unanticipated expense. Financing can be used to cover urgent expenses when you’re in a bind.

Fixed Costs:

Some business owners choose to allocate funds towards everyday costs. Working capital can help you cover essential expenses, like rent and payroll.

Cyclic Dips:

During a season slump, cash flow can turn negative, straining the business. A short-term loan can provide the capital you need to comfortably make it through your slowest months.

COVID-19 Assistance:

During the pandemic, businesses across the nation have faced financial hardships related to the novel coronavirus. If revenue has declined, or expenses have risen during COVID-19, we’re here to help.

Equipment Financing:

Machinery and equipment allow you to get the job done. Term loans can be used to purchase the resources you need, when you need them.

Gaps in Cash Flow:

An infusion of working capital can be used to bridge short-term cash flow gips, ensuring your bills get paid on time and in full. Whether you’re waiting on invoices to be paid, or have a pressing need, we have you covered.

Apply for Short Term Loan

Frequently Asked Questions about Short Term Financing

Start up businesses are a great fit. Funds can provide working capital to businesses in both early-stages and periods of growth.
You can choose from several different loan products, depending on your specific needs. Common financing options include: merchant cash advances, credit lines, invoice factoring, and installment loans.
A lender provides you with working capital to be used for business purposes. The funds are paid back over a preset length of time. The repayment window is shorter in duration than alternative, long-term business loan options.
The duration depends on loan type. Typically, the length of time ranges from 2 to 36 months.

Short-term loans at a glance

  • check 6-month to 24-month terms
  • check Funding in 1-2 days
  • check No collateral needed
  • check Low documentation required
  • check Flexible payment schedule


  • keyboard_arrow_right 6+ months in business
  • keyboard_arrow_right 550+ credit score
  • keyboard_arrow_right $10K+ in monthly revenue

Note: These are general term loan qualifications. Other information might be considered during your application. Your dedicated Clarify advisor will walk you through it!
Professional services business loans

"Bryan provided me with a loan to get through my slower season. He took the time to really understand my business and worked with me on my projections for the next 12 months. Together, we figured out exactly how much funding I needed. I’m very thankful the time that Clarify dedicated to my company."

5-star Trustpilot reviews5-star Trustpilot ratingClarify Capital is rated 10/10 based on 196 reviews on Trustpilot
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