Short Term Business Loan

Looking for a term loan but having a less than ideal credit score? Plousio can help you to find the most competitive short-term loan that has shorter repayment schedule than its traditional peer as an alternative.

In a Nutshell

A short term loan is very similar to the traditional term loan in terms of usage flexibility and repayment predictability.  Just like a term loan, a short term loan carries a fixed or variable interest rate, fixed repayment schedule, and a pre-defined maturity date. The short term loan lenders generally accept loan requests from small business owners with less than ideal personal credit score and demand very little paperwork. If you need extra working capital to run and grow your business in the short run, this could be a good option for you.

Loan Amount

Up to $250K

Interest Rate

As low as 14%


Up to 12 months

Funding Time

As little as 48 hours

Benefits and Drawbacks


  • Predictable payment structure
  • Less documentation requirement
  • Flexible credit score requirement
  • Flexibility in use of fund


  • Higher interest rate than traditional term loan
  • Fixed payment schedule might cause further financial stress for businesses with unstable daily cash flow

What Does It Take?

As you might know all loan products have minimum requirements to qualify. Knowing them in advance can significantly improve your chances of being approved and getting the funding that your business needs to grow. Have questions? Don’t worry, our team and our service can help you prepare your loan application and get you a great deal.

  • Monthy Sales: $9,000/month
  • Time in Business: 12 month
  • Credit score: 520
  • Drivers license
  • Voided business check
  • Bank statement (3 ~ 6 months)
  • Business tax returns (2 years)
  • Proof of ownership
  • Personal tax returns (2 years)

How Does Plousio Work?

Plousio makes it easy to find a great small business loan with the most competitive rates. Simply answer a few questions, select a lender and fill out our account creation form and you’ll start receiving new offers right away! With 3 easy steps, you can get your death care business funded!

Step #1: Apply online or call 1-508-848-0534

Step #2: Receive the most competitive offers

Step #3: Get funded within 24 ~ 48 hours


When short term loan lenders qualify borrowers, they evaluate information from tax return, revenue source, credit score, and business history.

Short term loan provides immediate capital injection into a business, and it can be used for all business reasons, including paying vendors, making payroll, purchase equipment, and more.

Short term loan lenders only lend to borrowers that are in business at least 12 month with proven revenue stream, but they have a more flexible minimum credit score requirement of 520. The borrowers will also be asked to show solid P&L statements and a series of bank statements.

Short term loan typically carries a fixed interest rate as low as 14%. In some cases, the rate can be even lower if the borrower can provide valuable collateral.

Plousio is a marketplace which brings together 70+ lenders to complete for your business loan request, so you can be sure that you are getting the most competitive offers available anywhere.

What our customers say about us!

Contact a Plousio Funding Adviser Today

If you need help with determining your funding eligibility or preparing application and documents, please contact our funding adviser today. Plousio funding advisers pride themselves in transparency and non-aggressive communication practices. They are not here to make sales quotas, instead, focus on helping you every step along the way of your funding process. In the unlikely event, you do not think that Plousio is the right solution for you, just let us know – No problem! We promise we wont be calling you 5 times a day like some other companies do.

Other Business Loan Products From Our Marketplace

A/R Finance

Up to $500K

Interest rate as low as 2%

Biz Line of Credit

Up to $5M

Interest rate as low as 7%

Equipment Finance

Up to $500K

Interest rate as low as 7%

Merchant Cash Advance

Up to $500K

Interest rate as low as 14%

Revenue Based Loan

Up to $500K

Interest rate as low as 10%

SBA Loans

Up to $5M

Interest rate as low as 6%

Short Term Loan

Up to $250K

Interest rate as low as 10%

Term Loans For Business

Up to $500K

Interest rate as low as 6%

Startup Solution

Up to $150K

Introductory rate as low as 0%