Slide to Apply

Short - Term Loans

Short-Term Loan is an effective choice for companies that need a financial solution for their immediate, short-term needs or cash flow issues.

What is a short term business loan?

Short-term loans are an effective choice for business owners in need of financing options for immediate working capital or managing cash flow.

Repayment terms range from 3 to 18 months.

Payments can be made daily, weekly or biweekly.

How hard is it to get a small business loan?

Qualifying for a short-term loan with online lenders is not as difficult as qualifying for long-term business loans.

Businesses only need to be in business for a minimum of 6 months, have annual revenue of at least $7,500 and a credit score of 550 or above.

Applying for a short term business loan online?

Orumfy makes it easy to apply and obtain small-business loans.

Simply create a free account and our platform will match you with a lender best suited for your business financing needs.

Loan lenders come to Orumfy to provide working capital loans as well as other forms of financing to business owners.


Short-term loans provide businesses with funding options without requiring collateral and allow business owners with bad credit to borrow money for immediate cash flow needs or long-term goals.


Who is short term business finance for?

Businesses that are in need of working capital but find themselves in a situation where they have poor credit history can still qualify for funding from short-term lenders.

Most online lenders will consider funding you as long as you have been in business for a minimum of 6 months, have annual revenue of at least $7,500 and a credit score of 550 or above.

Short-term business loans are not just for borrowers with bad credit.

They benefit businesses with good credit as well.

When you need money fast, short-term loans is one of the best financing options.

A lender can provide funding in as little as 1 to 3 business days.

What are the advantages of short-term loans?

Short-term business loans are a good financing solution when you need cash quickly.

Whether it is an unexpected business opportunity, a cash flow crunch, waiting on an accounts receivable or to cover upcoming monthly payments, short-term loans can provide the necessary capital.

Making timely payments towards your short-term debt can significantly help your credit history and quickly raise your credit score.

Having a higher credit score will save you from paying higher interest rates in the future.

How do you apply for business financing?

There are a few different ways you can apply short term business loans.

In some cases borrowers choose to use a traditional lender like a bank.

Banks tend to want a high credit score, collateral, lots of paperwork and can take weeks.

Whereas working with a lender online, the process of qualifying for short-term financing is much quicker.

You can get the cash in as little as 24 Hrs.

Orumfy’s innovative platform helps you avoid paying higher interest rates, lower your fees and get cash back through our Rewards Program.

How do short term-loans work?

Once the lender has approved your application, funding happens almost instantly.

Once the money has been wired to your checking account the payments start according to the agreed terms.

Repayment options can include daily payments, as well as weekly or biweekly payments for those with a high credit score.

Getting approved for a short-term loan on Orumfy’s platform is quick and simple.

How it Works
Step 1
Create your Orumfy account and see how much you are pre-qualified for
Step 2
Complete the application process and provide the necessary documents
Step 3
We analyze your business, and present you with multiple offers from lenders, best suited for your business
Step 4
Once the offer is accepted an agreement is signed by all parties
Step 5
Money is wired to your bank account within 24 Hrs
Be it short-term finance or longer term loans, Orumfy can help any small to medium-sized businesses obtain the best rates available for small business loans. lets get started


Short-term business loans vs. long-term business loans?

For small business owners that need to working capital quickly, the short-term loan is the best bet.

Short-term loan lenders specializing in short-term financing such as a merchant cash advance, working capital loans and invoice factoring require minimal paperwork and funding happens within 1 to 3 business days.

Another advantage of short-term business loans is the flexibility of payments.

Smaller daily payments will benefit the businesses short-term cash flow by not having large monthly payments at the end of each month.

Long-term financing such as SBA Loans or long-term loans by a lender online require good credit and often cash, real-estate or accounts receivable in case your loan needs to be collateralized.

Long-term loans are usually best for long-term goals in your business, as they tend to take a long time to get approved for, have a higher origination fee and require larger amounts of paperwork and good credit.

If you do have good credit and have the time before you need the capital, financing your business with long-term financing can definitely be worth the time as they offer much higher funding amounts with much lower rates.

What is the longest term for a business loan?

Small Business Administration loans can go as high as 10 to 25 year.

Your credit will usually play a major factor in determining the length that, as well as how much capital you can borrow.

What sources of finance are available to businesses?

From cash advance, unsecured business loans, business line of credit or just a business credit card, small business owners have many different ways of obtaining working capital.

Business owners should seriously consider obtaining both a business line of credit and a business credit card.

Simply using a business credit card for day to day activity will improve your business’ overall credit rating and help lower the cost of capital.

With Orumfy’s patform you not only can see what you qualify for today, how to improve your credit but also take a journey down the Yellow Brick Road (our Rewards Program*) to qualify for longer term financing in the future.

Need advice or have questions? Call us at (877) WHY - ORUM or contact us here.