When your business needs quick access to cash, you face an important decision: go to a traditional bank or choose a short-term business loan from an alternative lender. The right choice depends on your timing, purpose and how much flexibility you need.

At Bizcap, we help thousands of businesses across Australia, New Zealand, Singapore, the UK, Europe, US and Canada to secure funding quickly.

Here’s how to recognise when a short-term business loan could be the faster or more practical option for your business.

What is a short-term business loan?

A short-term business loan provides fast access to funds for immediate needs, such as managing cash flow, covering expenses or taking advantage of short-term opportunities. These loans are typically repaid over three to 12 months, with repayments made daily, weekly or fortnightly.

Unlike traditional loans, the focus isn’t just on credit history. It’s about your business’ performance and cash flow. That’s what makes short-term loans ideal for businesses that need funding fast, without mountains of paperwork.

What is a bank loan?

A bank loan is a longer-term financing option typically used for large investments or expansion. It often offers lower interest rates but comes with longer approval times, detailed documentation, credit checks, and collateral requirements.

While bank loans can be effective for businesses with plenty of time to plan, they’re less practical for fast-moving opportunities or urgent expenses.

Short-term loan vs bank loan: Side-by-side comparison

Short-term loan vs bank loan: Side-by-side comparison

When a short-term business loan is the smarter choice

A short-term business loan could be the smarter choice if:

  • Your business has seasonal fluctuations and you need extra funds to stock up or manage quiet periods
  • You have unpaid invoices or delayed payments and need to stabilise cash flow
  • You want to make the most of a limited-time opportunity, such as bulk inventory discounts or urgent repairs
  • You have been declined by a bank but your business shows strong daily or weekly revenue
  • You prefer a fast, streamlined process with flexible repayment options.

The Bizcap difference

At Bizcap, we believe flexibility should extend beyond how you use your funds, and it should apply to how you repay them too.

Unlike many lenders, we don’t charge early repayment fees. In fact, we often offer discounts to businesses that settle their loans early. You can also make extra repayments whenever you like without penalty.

Bizcap business loan products

Bizcap offers a variety of funding solutions to help businesses move forward:

  • Fast Business Loans: Get approved in as little as three hours, with same-day funding available
  • Prime Loans: For established businesses looking for larger funding amounts with more competitive rates
  • Bridging Finance: Short-term funding to bridge gaps between expenses and income
  • Line of Credit: Flexible funds you can draw on whenever you need.

Each loan is tailored to your situation, so you get the speed, flexibility and support your business deserves.

Why choose a short-term business loan with Bizcap?

Bank loans work best for large, planned projects when you have time to wait and need to meet strict requirements.

Short-term business loans, on the other hand, are built for speed, simplicity, and flexibility, which is perfect for businesses that need cash quickly to grow, stabilise, or take advantage of opportunities.

If that sounds like your business, Bizcap offers a suite of products designed to meet cash flow needs and fund growth opportunities for businesses that can’t afford to wait for the banks.

Apply online in minutes to see how much your business could qualify for today.

FAQs

1. Can I repay my Bizcap loan early?

Yes. You can make extra repayments or pay off your loan early with no penalties and we often offer early settlement discounts.

2. How long does approval take?

Most applications are reviewed within three hours, with funding available on the same day.

3. What loan amounts does Bizcap offer?

We provide funding from $5,000 to $7.5 million, depending on your business’ performance and needs.

4. Do I need perfect credit to qualify?

No. We focus on your business’ cash flow and trading history, not just your credit score.

5. How do repayments work?

Repayments are automatically debited daily or weekly from your business bank account (excluding weekends and holidays), making the process seamless and predictable.