Business Line of Credit
A revolving credit line you draw from on demand, paying interest only on what you use.
Explore Business Line of CreditFunding product
Short-Term Loans
A lump sum delivered fast and repaid over 3 to 18 months with predictable payments — capital when you need it, with a clear plan to repay.
Amounts $5K - $500K
Term 3 - 18 months
Funding Same / next day
What it is
A short-term loan delivers a fixed amount of capital up front, which you repay over three to eighteen months through predictable daily or weekly payments. It's the most straightforward way to fund a defined, near-term need: you know exactly how much you're borrowing, exactly what you'll pay, and exactly when you'll be done.
Because the repayment window is compact, short-term loans are ideal when you can clearly see the return — a project that will pay for itself, a gap you simply need to bridge, or an opportunity that won't wait.
Best for
A short-term loans tends to be the right fit when:
- Bridging a temporary cash-flow gap with a clear repayment plan
- Covering payroll or rent during a slow stretch
- Funding a defined project with a near-term payoff
- Buying inventory ahead of a busy season
- Establishing a borrowing track record toward larger amounts
How it works
Apply in minutes
Complete a short online application and securely connect your business bank statements.
Get matched and approved
An advisor reviews your file and structures an amount and term that fit your cash flow — usually within 24-48 hours.
Receive your lump sum
On signing, funds are deposited to your account the same or next business day.
Repay on a fixed schedule
Automatic daily or weekly payments keep things simple, with no surprises and no prepayment penalty.
Rates & terms
Pricing & structure
- Loan amount$5,000 - $500,000
- Term length3 - 18 months
- PricingFactor 1.10 - 1.35
- RepaymentDaily or weekly (auto)
- Origination fee0% - 3%
- Prepayment penaltyNone - early payoff discount
Eligibility & requirements
- Time in business6+ months
- Monthly revenue$15,000+
- Credit score500+
- CollateralNot required
- Business typeU.S. for-profit
- Decision time24 - 48 hours
Figures are illustrative and do not constitute an offer of credit. Final rates and terms are set by underwriting and vary by qualifications.
Why owners choose it
Fast funding
Lump-sum cash in your account as soon as the same day.
Predictable payments
Fixed daily or weekly amounts make budgeting effortless.
No prepayment penalty
Pay early and save — we reward it rather than punish it.
Builds history
On-time payments open the door to larger, cheaper funding.
Do you qualify?
Northwind's core requirements
Most applicants qualify for a short-term loans if they meet our baseline standards:
- 6+ months in business
- $15,000+ in monthly revenue
- 500+ personal credit score
- A U.S.-based, for-profit business
Short-term loans are among our easiest products to qualify for — ideal if you're newer to business financing or rebuilding credit.
Frequently asked
Many short-term loans use a simple factor rate rather than APR — for example, a 1.20 factor on $50,000 means you repay $60,000 total. Your advisor will show the all-in cost up front.
Absolutely, with no penalty. In fact, paying ahead of schedule can reduce your total cost — ask about our early-payoff discounts.
Most approved borrowers are funded the same or next business day after signing.
Anything that supports your business — payroll, inventory, repairs, marketing, or simply bridging a slow month.
Related funding
Not quite the right fit? These products solve similar needs:
Popular with these industries
- Construction — fund payroll before a job pays out
- HVAC — keep crews paid through slow months
- Auto Repair — manage cash flow between payments
Steady capital. Solid partners.
Need capital now with a clear plan?
A short-term loan gets funds in your account fast, with fixed payments you can count on.