Short term business loans provide lump-sum capital you repay within three to eighteen months through daily, weekly, or monthly draws. Repayment schedules compress into months rather than years, which keeps total interest lower but demands stronger near-term cash flow. Businesses use these loans to cover inventory restocking, bridge receivables delays, or seize equipment deals that won't wait. Because Elm Lenders operates as a broker, we review multiple lenders and present side-by-side cost breakdowns, origination charges, payment frequency, and prepayment terms, so you understand every dollar leaving your account.