What is a short term business loan?

With a short term business loan, businesses borrow a set amount of money upfront and pay it back, with interest, at regular intervals. As the name suggests, payment terms are shorter than long term loans and usually range from 3 to 18 months. For instance, the majority of Lumi's loans are repaid over six months.

Follow this link https://www.lumi.com.au/short-term-business-loans