Best Long & Short Term Loan Options for Your Business

Last Updated on February 15, 2018

Making long-term plans and setting lofty goals for your business is a wonderful way to motivate yourself and your staff. However, sometimes a short-term business loan is the best option to navigate a tricky financial situation.
Luckily, you won’t have to sweat applying for a business loan –– provided you know where to look for one. That’s why we’ve compiled a shortlist of the best short term loans available to small businesses so you can rest easy knowing your options:

best long and short term loan options for businesses

24 Hour Business Loan with NO Min. FICO Required

If you find yourself in a situation where you need an injection of cash quickly to complete a major project, or deal with an unforeseen emergency –– don’t worry. There are ways you can apply for a loan and receive the capital you need within a twenty-four hour period.
The key here is to have a plan for just such a situation. It’ll help you stay calm and make the right choice to fund your company.
And best of all, you can get the loan you need in less than a day – including short-term small business loans exclusively for bad credit borrowers!

Merchant Cash Advance

A merchant cash advance can be a tremendous way to see your business through a slow seasonal period. That’s because with a merchant cash advance, you’ll pay the advance back with a percentage from your credit card sales, rather than a fixed amount every month.
If your business goes through peaks and valleys often, this may be a great way to maintain a steady cash flow.

The Best Short Term Loans Have Long-Term Benefits

You should always keep in mind that the best short-term financing options for your business will improve your company’s standing in the long run.
The decisions you make on a day-to-day basis will help mold the way your business grows –– and to do that you need capital.

Avoid Traditional Banks to Save Time, Energy and Frustration

Many moons ago, physically going to the nearest bank was just about the only way you could secure a business loan.
However, we’ve come a long way since then. You’ve got plenty of alternatives to choose from besides traditional banking methods, and that’s a good thing.
While you may still be able to qualify for a loan, getting a loan approved fast for a short-term stopgap is going to prove difficult at a bank. Plus, you’ll probably end up paying a diabolical interest rate, or need to offer significant collateral in return.

Apply for Long or Short-Term Business Loans Today

If you’re interested in exploring alternative lending options, contact the National Business Capital & Services team today at (877) 482-3008, or fill out our simple 1-minute application here.

National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.

Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.

We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!


About the Author, Megan Capobianco

Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.

Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advise from National Business Capital & Services and the author. Do no rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely in this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there maybe errors, omissions, or mistakes.