Back to top
Specialist

Short Term Business Loans

How much do you want to borrow?

 

Long Term Business Loans

We source high-quality short-term business loans for our clients.
We pride ourselves on providing an excellent service responsive to your needs.
 

Call us on 0203 880 8890 to discuss your requirements

We offer a range of short term business loan solutions, from cash flow funding and invoice finance, to unsecured loans. Every business is unique, so our business finance experts provide bespoke financing solutions.

 

Check Eligibility »

How it Works

Selecting the right business finance for your need is important - not everything should be solved with a five-year unsecured loan! At Clifton Private Finance, we’re experts in the realm of short term business loans - let us share some of that experience. 

What Makes a Short Term Business Loan ‘Short Term’?

In business terms, a short term loan is one that is repaid in twelve months or less.

What is a Short Term Business Loan For?

There are many uses of a short term business loan. Some of the most typical include:

1

#1 - Cash Flow Finance

Cash flow is by far the most frequent reason for businesses to look to short term financing. Finding that you are just a little short one month and need something to tide you over until business picks up, or an invoice from a major client is paid, is not an unusual situation - so don’t panic if you’re in exactly that place.

There are a range of short term business loans developed to ease cash flow crises, including:

Invoice finance

Perfect for B2B businesses who are struggling while clients sit back on 30-day or longer invoice terms. Invoice finance unlocks the value of your accounts receivable, getting you the money today for a reasonable fee.

There are even longer term solutions if you find that your customers are regularly delaying on payments, with invoice discounting lines of credit an option to speed up the process in the future, or invoice factoring contracts that will give you the power to hand-off invoices to a factoring company and get your hands on the cash fast!

Merchant cash advance

B2C businesses who do a majority of their business though credit and debit card transactions can leverage expected future card sales to get the money early. Merchant cash advance is perfect for boosting your cash flow and smoothing over seasonal business dips.

Revolving Credit Facilities

Credit cards and overdrafts offer cash flow help on an ongoing basis, providing you with the ability to dip-in and dip-out as you need to balance slower months with healthier times.

B2B buy now, pay later

A modern online-banking system that functions in a similar way to invoice finance, buy now, pay later (BNPL) providers operate subscription-based accounts that will give your business customers the option to spread the cost of your goods or service in a way that suits them, meaning you get your invoices paid immediately without fuss. B2B BNPL is cash flow finance that helps both you and your customers.

B2C buy now, pay later

Business-to-consumer companies are not left behind in the BNPL sector, with finance providers offering consumers buy now, pay later systems that can boost your sales and ensure your cash flow never suffers. More on B2b Buy Now Pay Later.

Unsecured business loans

The traditional and established loan. Based on your business credit score and providing cash in the bank that can immediately help with your cash flow, short term unsecured loans can be applied for easily and processed swiftly for near-instant cash support.

2

#2 - Bridging Finance

Called ‘bridging’ because it bridges the gap between your current situation and an influx of cash, business bridging finance represents a powerful short term loan option that allows your business to take advantage of opportunities as soon as they come up.

Bridging loans provide substantial capital at short notice, giving you the power to expand your business. Use them to:

Purchase property - When the perfect property comes up you don’t want to miss out, long term financing, such as commercial mortgages, can take weeks to set up and have limiting criteria that can mean deals fall through as you wait for the application to process. A bridging loan will enable you to swoop in and buy the premises without waiting, with an exit strategy of replacing the short term loan with a mortgage once the slower paperwork is processed. Perfect for property auctions.

Expand the team - If your company is in the position of bidding for a considerable project but you don’t (yet) have the manpower or other resources to undertake the work, don’t let the opportunity slip away. Bridging finance enables you to quickly fund an expansion if a speculative tender is successful, its exit strategy is based on the payment stages of the project milestones.

Obtain large assets - If you need to quickly purchase a significant asset, perhaps some plant machinery or niche technology, and there’s no time to negotiate longer term asset finance, then look to an extremely short term bridging loan to ensure operations can continue in the meantime. Using replacement long term asset finance to pay off the bridging loan gives you the exit strategy you need to secure the short term financing. Bridging loans of this nature can be obtained for just a few weeks if necessary.

Making it to the next pit stop - Sometimes, cash flow finance and bridging finance mix. You can see the money coming in over the horizon, if only you can make it through the immediate future. Bridging finance can be obtained based on tangible future income, giving you the capital power you need to make it through.

3

#3 - Capital Injections with Minimal Interest

When you pay your loan off quickly, you limit the amount of interest the loan accrues, clearing the debt before it has time to build.

If you know that you can repay your financing in months rather than years, why stretch it?

Short term unsecured loans can offer you the capital boost you need for your business expansion and can be structured to be out of your hair six months or a year later. 

Latest Business Financing Case Studies

Below is a snapshot of our latest case studies, in which we broker finance solutions for businesses of all shapes and sizes, negotiating the best rates and terms and advising on the correct finance routes:

Large Invoice Finance Facility Secured Despite Overseas Debtors
Large Invoice Finance Facility Secured Despite Overseas Debtors
Area
London
Capital Raised
£2.5m
Fleet of Vans Refinanced to Release £160k for Business Growth
Fleet of Vans Refinanced to Release £160k for Business Growth
Area
Cardiff
Capital Raised
£160k
Fast Asset Finance for Two Tractors at Low Rate | Case Study
Fast Asset Finance for Two Tractors at Low Rate
Area
Somerset
Capital Raised
£558k
Management Buy Out Finance For Funeral Director
£750k Management Buy Out Finance For Funeral Director
Area
London
Capital Raised
£750k
Asset Based Lending Facility for Steel Business | Case Study
Asset Based Lending Facility for Steel Business Management Buyout
Area
Wales
Capital Raised
£1.3m
Anaerobic Digester Plant Refinance For Business Growth
£5.2m Anaerobic Digester Plant Refinance For Business Growth
Area
Wales
Capital Raised
£4.1m
 

Can I Get Short Term Business Loans with Bad Credit?

There are plenty of lenders who will consider a short term business loan for a company that’s struggling with its credit rating, but you may have to accept a higher rate of interest than would be available if your credit history was in better health.

One key piece of advice, however, is to stop applying for loans before you’ve spoken to your advisor. Each full application will make a mark on your credit report, and too many in a short space of time will make you look desperate. Hold back and get the help you need. 

How Fast Can a Short Term Business Loan Be Obtained?

If you are paying it off quickly, you don’t expect long lead times on getting the money in the first place - and lenders agree. With ever-improving technology, the application time for a short term business loan is getting faster each year.

Even complicated loans with multiple credit and history checks can be smooth when working with an experienced finance advisor.

If you are facing an immediate need for some short term business finance, give us a call at Clifton Private Finance. Our broker relationships mean we can scour the whole UK marketplace for the right lenders and get you the money you need without delay.

Check Eligibility »

 

 

Contact Us

Get in Touch

If you have any questions about our services or want to start making things happen please contact us