Business Loans
Short Term Business Loans

Compare Short Term Business Loans

Various types of business finance are available with terms of under 12 months
Short term loans can be used many purposes including unexpected costs and cash flow problems
We can help you compare short term funding options from business loans specialists

Promotion

Funding Circle Business Loans

Funding Circle, supporting small businesses for over 10 years
Offering Small Business Loans & Government’s Recovery Loan Scheme
4 out of 5 customers will go back to Funding Circle first over their bank

See Your Loan Options

Choose your business loan type

Business Loans All business loan types

Asset Financing Secure finance against your assets

Bridging Loans Short term property backed finance

Secured Loans Loans secured against assets of the business

RLS Recovery Loan Scheme

3 products found

Sort by

Broker
Funding Xchange Short Term Business Loans

Discover instant & personalised short term finance offers for your business in just 3 minutes

Compare Business loan options from 45+ lenders, including exclusive deals, to save you time

Never pay more than direct & funding can be accessed in less than 24 hours
- Minimum Turnover
  £100,000 p.a.
- Available Amounts
  £1,000 to £250,000
- Available Terms
  1 to 12 months
See Deal + More info
Company details
- Access 70 lenders from one simple funding request
- Easily compare the choices available, including RLS options
- Apply with confidence, no impact on your credit score
Eligibility Criteria
- Your business must have been trading for a minimum of 2 years
- Your business must have an annual turnover of at least £100,000
Broker
Swoop Funding Short Term Business Loans

Short-term business finance with terms up to one year

Secured and unsecured options available

Quick access to funds
- Minimum Turnover
  £50,000 p.a.
- Available Amounts
  £3,000 to £600,000
- Available Terms
  1 month to 1 year
See Deal + More info
Company details
- Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating
- Experts in CBILS – borrow from £50k to £250k with no personal guarantee, no fees, no repayment for 12 months, no early settlement fee
- Speak to Swoop's team of experts – five-star Trustpilot rated
Eligibility Criteria
- Must be based in the UK
- Must have an annual turnover of £50,000+
- Must have been trading for 12 months or more
Nucleus Short Term Business Loan

Hassle-free, unsecured, commercial loans for 3 months to 3 years

Fast – Quick decisions, receive your funding in 24 hours

Suitable for various business needs
- Minimum Turnover
  No minimum
- Available Amounts
  £25,000 to £200,000
- Available Terms
  3 months to 3 years
See Deal + More info
Company details
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
Eligibility Criteria
- Proven profitability in recent accounts
- Minimum 3 years trading history
- Company registered in England and Wales
- Homeowner in England and Wales

Suppliers that don't offer Short Term Business Loans but may offer suitable alternatives:

Peer To Peer
Funding Circle

A leading UK platform for Small Business Loans

Simple online application and decisions in as little as 5 hours

Rates from 4.3% to 12.1% per year - No early settlement fees
- Minimum Turnover
  No minimum
- Available Amounts
  £10,000 to £500,000
- Available Terms
  2 to 6 years
See Deal
Company details
- A leading UK platform for Small Business Loans
- Simple online application and decisions in as little as 5 hours
- Rates from 4.3% to 12.1% per year - No early settlement fees
Eligibility Criteria
- A leading UK platform for Small Business Loans
- Simple online application and decisions in as little as 5 hours
- Rates from 4.3% to 12.1% per year - No early settlement fees
Broker
EJ Finance

Application-to-offer within 24 hours

To be contacted within 3 minutes of applying

Access to over 200+ lenders, covering all sectors
- Minimum Turnover
  £50,000 p.a.
- Available Amounts
  £10,000 to £10,000,000
- Available Terms
  1 months to 10 years
See Deal
Company details
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
Eligibility Criteria
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
Broker
THINK Business Loans

YOUR BUSINESS MUST BE TRADING FOR 12 MONTHS OR MORE

Find the right loan to suit your needs from a range of finance types

Check your eligibility without a credit check

Dedicated FCA regulated experts on hand to support your application
- Minimum Turnover
  £100,000 p.a.
- Available Amounts
  £50,000 to £10,000,000
- Available Terms
  1 to 10 years
See Deal
Company details
- Find the right loan to suit your needs from a range of finance types
- Check your eligibility without a credit check
- Dedicated FCA regulated experts on hand to support your application
Eligibility Criteria
- Find the right loan to suit your needs from a range of finance types
- Check your eligibility without a credit check
- Dedicated FCA regulated experts on hand to support your application
Broker
Fluidly

YOUR BUSINESS MUST BE TRADING FOR 12 MONTHS OR MORE

Hassle free funding options within 30 seconds

Team of Funding Specialists are on hand to support your application

A range of products available including Recovery Loan Schemes, unsecured and asset financing
- Minimum Turnover
  £50,000 p.a.
- Available Amounts
  £15,000 to £10,000,000
- Available Terms
  3 months to 7 years
See Deal
Company details
- Hassle free funding options within 30 seconds
- Team of Funding Specialists are on hand to support your application
- A range of products available including Recovery Loan Schemes, unsecured and asset financing
Eligibility Criteria
- Hassle free funding options within 30 seconds
- Team of Funding Specialists are on hand to support your application
- A range of products available including Recovery Loan Schemes, unsecured and asset financing
iwoca

Flexible Credit Facilities of £1,000 to £200,000 for Limited Companies

No fees or long term commitments

Apply online in minutes for a decision (some decisions may take up to 24 hours)
- Minimum Turnover
  £50,000 p.a.
- Available Amounts
  £1,000 to £200,000
- Available Terms
  up to 12 months
See Deal
Company details
- Flexible Credit Facilities of £1,000 to £200,000 for Limited Companies
- No fees or long term commitments
- Apply online in minutes for a decision (some decisions may take up to 24 hours)
Eligibility Criteria
- Flexible Credit Facilities of £1,000 to £200,000 for Limited Companies
- No fees or long term commitments
- Apply online in minutes for a decision (some decisions may take up to 24 hours)
Fleximize

Voted "Best Business Finance Provider" at the British Bank Awards 2020

Industry-leading flexibility - top-ups, repayment holidays, no hidden fees

Interest charged on a reducing balance, repay early and only pay for the time you had the loan

Rates from 0.9% per month (10.8% per annum), with no additional fees
- Minimum Turnover
  £60,000 p.a.
- Available Amounts
  £5,000 to £500,000
- Available Terms
  3 months to 4 years
See Deal
Company details
- Voted "Best Business Finance Provider" at the British Bank Awards 2020
- Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
- Interest charged on a reducing balance, repay early and only pay for the time you had the loan
- Apply online in minutes, receive funds in as little as 24 hours.
Eligibility Criteria
- Minimum annual turnover of £60,000 p.a.
- Borrow between £5,000 and £500,000
- Business activities must be UK-based and impacted by Covid-19
NatWest Rapid Cash - Invoice Finance

Eligibility Criteria Apply

Rapid Cash is an innovative, high tech solution to business financing

Borrow against your unpaid invoices and get a flexible line of credit from £25,000 to £1 Million

You could be approved within 48 hours. Security and guarantee required. Fees may apply
- Minimum Turnover
  £100,000 p.a.
- Available Amounts
  £25,000 to £1,000,000
- Available Terms
  No min/max terms
See Deal
Company details
- Rapid Cash is an innovative, high tech solution to business financing
- Borrow against your unpaid invoices and get a flexible line of credit from £25,000 to £1 Million
- You could be approved within 48 hours. Security and guarantee required. Fees may apply
Eligibility Criteria
- Rapid Cash is an innovative, high tech solution to business financing
- Borrow against your unpaid invoices and get a flexible line of credit from £25,000 to £1 Million
- You could be approved within 48 hours. Security and guarantee required. Fees may apply
Broker
Portman Asset Finance

Business finance broker with specialist sector experience, offering fast and flexible finance solutions

Access over 40 leading UK lenders

Over £750 million in funding provided to thousands of small-to-medium sized UK businesses
- Minimum Turnover
  No minimum
- Available Amounts
  £10,000 to £10,000,000
- Available Terms
  Up to 5 years
See Deal
Company details
- Business finance broker with specialist sector experience, offering fast and flexible finance solutions
- Access over 40 leading UK lenders
- Over £750 million in funding provided to thousands of small-to-medium sized UK businesses
Eligibility Criteria
- Business finance broker with specialist sector experience, offering fast and flexible finance solutions
- Access over 40 leading UK lenders
- Over £750 million in funding provided to thousands of small-to-medium sized UK businesses

Also for Business

Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

Other comparisons

Last updated on 30 March 2021.

Short-Term Business Loans FAQ

What is a short-term business loan?

A short-term business loan is any business loan that is provided over a short amount of time – usually a period of less than a year. Short-term business loans come in several different forms, so it’s important to do some research to compare the different terms of short-term business loans to find the right one for you.

Who might want to take out a short-term business loan?

Plenty of business owners want to access cash to help them deal with cash flow problems, to help them through seasonal variations or even to make the most of an opportunity. If you are hit with an unexpected expense, such as a tax bill, for example, a short-term loan could help. Short-term business loans can provide a solution to a number of different business-related problems but whether it is the best choice for you will depend on your circumstance and ability to pay it off in the specified time frame.

How much does a short-term loan cost?

The cost of borrowing a short-term business loan varies depending on a range of factors. These include the amount you borrow, the type of loan, the term over which you are repaying the loan and, of course, the interest rate you are being charged.

What should I consider when choosing a short-term business loan?

When you are considering which short-term business loan to take, it’s important to think about the number of weeks or months over which you will need the money. Think about how quickly you can repay the loan and how much you can afford to repay each month. Also, consider what interest rate the provider is charging on the loan and how much the entire amount to be repaid will be.

I have a bad credit record, can I access a short-term loan?

Yes, many short-term loan providers offer financing solutions for businesses and business owners with bad credit. However, there may still be lending criteria that you must meet, so make sure you do your research before applying.

How much can I borrow through a short-term lender?

This will vary depending on the provider. The amounts available are often less than for longer-term loans and interest rates can be higher.

Aside from a standard loan structure, what other forms of short-term loan are there?

There are a number of short-term loan structures, such as invoice financing, which allows business owners to borrow cash against the value of their unpaid invoices. Another can be credit lines, which allow you to draw down cash as and when you need it and only pay interest on the amount you use. Cash advance loans are another form of short-term loan, which allows you to borrow cash and repay it through your card machine as you take payments from customers. Each type of short-term loan needs careful consideration before you decide to take them out and you need to think about affordability as well as whether you fulfil the provider’s lending criteria.