Short-Term Business Loans — A Lump Sum, Funded Fast
Last updated: July 2026 · By the LoanSource Pro editorial team
A short-term business loan delivers a lump sum — up to $250,000 through our partner REIL Capital — repaid over 6 to 24 months on a fixed weekly, bi-weekly, or monthly schedule, with funding in as little as 1–3 days. It's the right tool when you know exactly what you need, want predictable payments, and can't wait weeks for a bank.
See if you qualify — get connected with a funding specialistNo obligation · No hard credit pull · Independent referral service, not a lender
How it works
Apply in about 2 minutes, get a decision within 24 hours, choose your payment schedule, and receive the full amount as one deposit. Payments are fixed for the life of the loan, and REIL Capital's short-term loans carry no pre-payment penalties — paying early can lower your total cost.
Best uses
- A defined one-time expense — equipment repair, renovation, a big inventory order.
- Bridging a known gap — a signed contract that starts next quarter.
- Consolidating daily-payment advances into one predictable schedule.
- Opportunity buys — supplier discounts, a competitor's assets, a short-window deal.
Short-term loan vs LOC vs MCA
| Short-term loan | Line of credit | MCA / revenue-based | |
|---|---|---|---|
| Funds arrive as | One lump sum | Draws as needed | One lump sum |
| Typical size | Up to $250K | $25K–$250K | Up to $5M |
| Term | 6–24 months | 6 months–2 years | 4–24 months |
| Payments | Fixed schedule | On drawn balance | % of daily sales |
| Speed | 1–3 days | Next-day available | As fast as 1 day |
| Best when | Known cost, predictable budget | Ongoing flexibility | Speed + accessibility |
Deeper dives: business line of credit · merchant cash advance.
Costs and terms in plain English
Fixed payments make short-term loans the easiest product to budget. When you review an offer, ask for the total payback amount (principal plus all interest and fees), the payment amount and frequency, and confirmation that early payoff reduces cost. Compare total payback — not just the rate — across any two offers; it's the number that actually leaves your account.
Qualification
- 6+ months in business
- ~$250K+ annual revenue
- 3 months of business bank statements
- 500+ FICO qualification paths — no hard credit pull to check
Short-term loan FAQ
How big a short-term business loan can I get?
Through our funding partner REIL Capital, short-term business loans reach up to $250,000 with terms of 6 to 24 months, weekly, bi-weekly, or monthly payment options, no pre-payment penalties, and funding in as quickly as 1–3 days.
Short-term loan, line of credit, or MCA — which should I choose?
Pick a short-term loan for one defined expense with predictable payments. Pick a line of credit for ongoing or unpredictable needs. Pick an MCA when sales are strong but credit or collateral is thin and you need maximum speed. Your specialist can price all three side by side.
Are there pre-payment penalties?
REIL Capital's short-term loans carry no pre-payment penalties, so paying early can reduce your total cost. Always confirm the payoff terms in your specific agreement.
What do I need to qualify for a short-term business loan?
Generally 6+ months in business, roughly $250K+ annual revenue, 3 months of business bank statements, and a 500+ FICO qualification path. Checking your options involves no hard credit pull.
How fast is funding?
Decisions within 24 hours and funding as quickly as 1–3 days after approval, per REIL Capital's published timelines.
Get your lump sum this week
Up to $250K · Fixed payments · No pre-payment penalties · Funding in 1–3 days
See if you qualifyIndependent referral service, not a lender