What is short-term business loans?
Short-term business loans deliver a lump sum repaid over 3 to 18 months, usually via fixed daily or weekly payments. They cost more per dollar than long-term loans but far less in total interest because you are only borrowing for a few months.
They are the right tool when the return on capital is quick and certain: a bulk inventory discount, a seasonal hiring push, a deposit on a lucrative contract, or bridging a gap until a larger loan closes.
HL Hunt Funding arranges short-term loans from $5,000 to $500,000 with transparent total cost, no hidden fees, and early payoff discounts on many programs.
How short-term business loans works
- 1Apply in two minutes
No credit inquiry.
- 2Verify revenue
Three months of bank statements.
- 3Compare offers
Amount, term, payment frequency, and total cost.
- 4Fund in 24–48 hours
Wire or ACH to your business account.
Best for
- Inventory purchases
- Seasonal ramps
- Bridge financing
- Time-sensitive opportunities
Pros and cons
Advantages
- Fast approval and funding
- Lower total interest than long-term debt
- Accessible credit requirements
- Early payoff discounts available
Considerations
- Higher payment amounts
- Frequent payment schedule
- Not suited for long-term investments
Requirements to qualify
- 3+ months in business
- $10,000+ monthly revenue
- 550+ FICO
Requirements vary by funder. The fastest way to know exactly where you stand is to pre-qualify in two minutes — it is free and there is no credit inquiry.