Short term loans are loans granted to be paid back in a 12 months or less.
Apply for our short term loans which we grant for a period of 3 – 12 months, to finance temporary business projects that gives you a quick return such as:
  • Updating or refreshing your business location to attract more customers
  • Stocking goods with a quick sales turnaround
  • Launching marketing/ad campaigns
  • Hiring help or stocking extra goods for the season
The Total Interest Percentage is not an annualized rate but a fixed simple interest that allows you to see the total amount you are paying back on your loan.

Example

On a 6 month, $10,000 loan with 15% Total Interest Percentage and weekly payments, your interest cost is $1500, for a total payback amount of $11,500.