Short Term Business Loans
Short term business loans offer quick access to capital for UK businesses needing immediate funding. Whether it’s to manage cash flow, cover unexpected expenses, or seize a growth opportunity, these loans provide the agility small and medium-sized businesses need to stay competitive.
Unsecured Loan
Tax Loan
Secured Loan
Debt Consolidation
Asset Finance
Acquisition Loan
Apex Loans
Why Choose a Short Term Business Loan?
Fast access to cash
Funding often within 24-72 hours
Flexible terms
Repayment terms between 3-24 months
Improved cash flow
Cover payroll, inventory, or urgent supplier payments
Available for new & growing businesses.
Many lenders consider alternative credit metrics
How Do Short Term Loans Work?
- Apply online – Provide basic business and financial information
- Approval within hours or days – Lenders assess your revenue and risk
- Receive funds quickly – Some lenders release funds within 24 hours
- Repay in short instalments – Daily, weekly, or monthly fixed repayments
Who Are They For?
Short term business loans are ideal for:
- Retailers managing seasonal demand
- Trades and contractors facing invoicing gaps
- Hospitality businesses needing stock or equipment
- SMEs seeking to bridge funding gaps or pursue time-sensitive opportunities
Typical Loan Features
Loan amounts | £1,000 – £250,000 |
Repayment terms | 3 to 24 months |
Security | Secured or unsecured |
Credit checks | Often soft checks or revenue-based assessment |
Speed | Approval in hours, funding in 1–3 days |
Advantages of Short Term Business Loans
Pros
- Fast approval and disbursement
- Lower total interest than long-term debt (due to shorter duration)
- Improves credit score if repaid on time
- Ideal for businesses with fluctuating income
Cons
- Higher monthly repayments
- Potential for higher interest rates (especially unsecured)
- May require personal guarantee or collateral
- Shorter runway to manage repayment
Eligibility Criteria
You may qualify if:
- You’re a UK-based business
- You’ve been trading for at least 6 months
- You have a monthly turnover of £5,000+
- You can provide business bank statements and basic financials
Startups and businesses with less-than-perfect credit may still be eligible, especially through alternative lenders or if backed by a personal guarantee.
Applying for a small business loan with us is straightforward:
Assess Your Needs
Determine the amount you need and the purpose of the loan.
Check Eligibility
Ensure your business meets the basic criteria.
Prepare Documentation
Gather necessary documents such as business bank statements, financial statements, and a business plan.
Submit Application
Complete our online application form or contact our team for assistance.
Feel free to use our Business Loan Calculator
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
| Period | Payment | Interest | Balance |
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Calculator Disclaimer
The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice. It does not take into account your personal or financial circumstances.
Our tailored and transparent process is designed to make your loan search and selection as seamless as possible
Submit Your Enquiry
Simply complete our short online form with your details and funding needs to begin your search for business finance.
Expert Consultation
Our expert will contact you to understand your requirements to match you with suitable lenders and products.
Get Your Offers
We connect you with trusted lenders and provide free quotes. Choose the best option, and we’ll handle the application.
Get Funded!
Once approved, receive your funds and start invest in your business growth and scale with confidence and ease.
What Is a Short Term Business Loan?
A short term business loan is a form of business finance typically repaid over a period of 3 to 24 months. Designed for speed and flexibility, these loans allow UK business owners to borrow a fixed amount and repay it in daily, weekly, or monthly instalments, often without long-term commitments or complex application processes.
Short-term funding can be either secured (against assets or invoices) or unsecured, depending on your credit profile and business history.
Get Answers to Your Most Common Questions
We've compiled a list of frequently asked questions to provide you with quick and helpful answers about Short Term Business Loans in the UK.
How quickly can I get a short term loan?
Most lenders offer approval within 24 hours and funding within 1-3 business days.
Can I repay early without penalty?
Many lenders offer early repayment without fees, though this varies, always check terms before signing.
Will it affect my credit score?
Many lenders run soft credit checks initially. If approved, a hard check may follow. Repaying the loan responsibly can help improve your business credit score.
What happens if I miss a repayment?
Late payments can incur fees and impact your credit. It’s important to discuss any cash flow issues with your lender early.
Are short term loans better than a business overdraft?
They can be. Loans provide a set amount with fixed repayments, while overdrafts may be better for flexible, recurring shortfalls. It depends on your needs.
Why Apex Loans?
At Apex Loans, we connect you with vetted UK lenders offering competitive short-term business finance. We specialise in helping small businesses find the right lender, fast, with support from application to funding.
- Expert, FCA-regulated advice
- Fast quotes from trusted lenders
- Transparent terms, no hidden fees
- Solutions tailored to your business
Apply for a short term business loan today and get the funding you need—fast, simple, and on your terms. Speak to one of our advisors or use our quick quote tool to get started.