Short term loans are a great option for borrowers who need funds for a specific business investment,
like starting a new project, expanding — or making a large purchase that can’t be covered with a credit card.
As a type of installment loan, an Smart Equity Funding short term loan offers a one-time lump sum of cash to
use for your business how you see fit. You’ll have your funds in your bank account as early as the day your loan
is approved, and you can pay it back on your schedule to match your specific project timeline.
A short term loan is a form of financing that is generally repaid in a year or less. However, some lenders like Smart Equity Funding offer
repayment terms up to 24 months. Short term loans can be used to cover various business expenses, with loan amounts that vary across lenders.
The interest rate on a short term loan can vary significantly for borrowers, depending on factors such as credit scores, annual revenue and more.
At Smart Equity Funding, interest rates for short term loans are competitive and our pricing is transparent — so you’ll always know your cost of
capital up front.
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Same Day Funding: Standard ACH bank transfers take up to 3 business days. But with Smart Equity Funding you
could, in most cases, get funds in your bank account by 5:00 PM the same day.
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Loyalty benefits: If you’re a current Smart Equity Funding customer, you’ll have any remaining interest
waived if you take a new Smart Equity Funding small business loan. We can also offer a lower or even 0% origination fee on your next loan.
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Business credit building: Help build your business’s credit by making on-time payments, which we report to
bureaus.
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Prepayment Benefits: If you qualify for our 100% Prepayment Benefit option, pay your loan off early in
full and have all remaining interest waived without any penalty or fee.
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Predictable, fixed payments: Pay the same amount from the beginning to the end of your repayment term, so
you can manage your cash flow with no surprises or large costs up front.
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Transparent pricing: We are insistant on giving our clients a comprehensive breakdown of our term loan’s
cost—including all the key terms you need to evaluate potential offers.