short term loan

Temporary cash infusion

A short term loan is borrowed money meant to be repaid quickly, typically within a year.

These loans cover immediate cash needs—unexpected expenses, bridging gaps between paychecks, or short-lived business needs.

Payday loans and credit card advances are common examples.

Short term loans often carry higher interest rates than longer arrangements: She took out a short term loan to cover repairs until her tax refund arrived.

Related

borrowing · interest · urgent · paycheck · quick · quick fix · emergency · bridge · credit · credit check · repayment · fees · fine print · desperate · deadline · approval · installment · collateral

Opposites
loan duration

short term loanlong term loan

Borrowing repaid over years

mortgage · home loan · installment loan · auto loan · student loan

financial arrangement type

short term loanequity investment

Acquiring ownership in business

grant · gift · inheritance · venture capital · endowment

financial commitment level

short term loanmortgage

Secured home loan

jumbo loan · construction loan · business loan

Family

short, term, loan, shorter, shortest, shorten, shortened, shortening, shortly

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