Best Short-Term Business Loans of 2023

Best for Flexible Lines of Credit

BlueVine

BlueVine offers flexible credit lines up to $250,000 with terms as short as six months.

Best for Funding Options

Biz2Credit

Biz2Credit provides a variety of short-term business finance options, including invoice factoring, term loans, and credit lines, with loan amounts up to $6 million.

Best for Bad Credit

Fora Financial

Fora Financial offers short-term company loans ranging from $5,000 to $1.4 million, even to borrowers with credit scores as low as 570. The maximum length of a loan is sixteen months.

Best for Startups

Fundbox

Fundbox offers small and startup companies short-term business loans up to $150,000 with durations as short as six months and a minimum credit score requirement of 600.

When selecting the finest short-term business loan, it is important to take into account the loan amount, interest rate, conditions of repayment, and eligibility restrictions including time in business and a minimum credit score. Fora Financial, Fundbox, BlueVine, and Biz2Credit are just a few of the lenders that provide affordable short-term lending choices to suit the various demands of small businesses.