Short Term Business Loans

Short-term Business Loan is a loan option or short term funding offered to cater urgent or short-term business requirements. This loan can be availed to cover any business expenditure, such as meeting working capital needs, business expansion managing business cash flow, covering operational cost, etc. Short-term loans are collateral-free loans that can be repaid within a tenure of 12 months with flexible EMI options. Short-term loans can be availed by Small Finance Banks, Micro Finance Institutions, NBFCs and private sector banks.

Get Cashback of ₹ 1,000^* on Loan Disbursal

Valid till 30^th June '26 *T&C Apply

Get Business Loan

Avail up to ₹1 Cr starting at 13%

Google Play Store

4.5_/5

15.6L Reviews

5.7cr+Satisfied Customers

65+Lending Partners

₹65k Cr+Loans Disbursed

Best Loan Offers

Curated Offers from 20+ Lenders

Unsecured Loan

Term Loan & OD Facilities Available

Expert Advice

Guidance & Assistance

Top Up Facility

Loan to Get Additional Funds

Find Best Business Loan Offers

Sort by:

HDFC Bank

Max Loan Amt.Upto ₹75L

Rate of Interest10.75% - 28%

Tenure uptoUpto 5 Years

Processing FeeUpto 2%

ICICI Bank

Max Loan Amt.Upto ₹50L

Rate of Interest13.25% 19.25%

Tenure uptoUpto 5 Years

Processing FeeUpto 2%

Axis Bank

Max Loan Amt.Upto ₹75L

Rate of Interest15% - 19.25%

Tenure uptoUpto 5 Years

Processing FeeUpto 2%

Why Choose Paisabazaar?

Choose from 20+ Partner Banks/NBFCs

Pick from Secured & Unsecured Options

Get Working Capital & Top-Up Loan Solutions

Flexible Tenure of Up to 4 years

Features and Benefits

The features and benefits of short-term business loans vary from one lender to another; however some of the common points are given as below:

Anyone can apply: One can apply for this loan as an individual or as a business
Minimal paperwork: The lack of scrutiny in acquiring short-term loans translates directly to less requirement of paperwork. As a result, this can be a completely digital process
Quick access to funds: The minimal inclusion of paperwork due to digitisation results in faster access to short-term loans
Fast loan approval: Based on a scheme’s or the company’s policy, the time taken for the loan approval can be less than a minute
Secured and unsecured loan options: Depending upon the lender, the applicant have both secured and unsecured options on these loans
Need specific loans: Short-term business needs can be tended through these types of loans
Short repayment period: The repayment of short-term loans usually extends up to 12 months

Also Read: Types of Business Loans in India

Documents Required for Short Term Loans

The document requirement for short-term business loans vary from one lender to another; however some of the common documents are given as below:

PAN card of an individual or the business
Bank statements of the last 6 months
Copy of address proof, such as telephone bill, electricity bill, bank statements, voter ID card, Aadhaar card, passport or driving license
Copy of identity proof, such as voter ID card, Aadhaar card, driving license and passport
Copy of age proof such as 10^th Grade Education Board issued the certificate
Certification of Company Incorporation or Establishment Certificate is required
Memorandum of Association and Articles of Association of the company

How to avail a Short-term Business Loan?

The process to avail short-term business loans involves the following:

Step 1: Check if you are eligible for the loan.

Step 2: Prepare the documents necessary to avail the loan.

Step 3: Check and compare from the loan deals by visiting paisabazaar.com

Step 4: Choose and pick the loan deal by submitting the loan application form online

Step 5: Once the documents are verified, the bank will approve the loan

Step 6: After loan approval, the loan amount will be disbursed in the mentioned bank account

Compare Business Loan Interest Rates from Popular Indian Banks

Avail Business Loan For
All Your Needs

Explore Our Business Loan Lenders

Avail Business Loan For
All Your Needs

FAQs

Why should I take a short-term business loan?

In the initial stage of your business’ growth phase, you might find yourself in need of funds. While most of it is manageable through personal capital but you can’t wait around for finances. Short-term business loans ensure that critical matters are met properly.

Can a credit limit for a business loan increase?

Yes, the credit limit for a business loan can be increased. However, it is subjective to the criteria of the scheme you have chosen and the bank you have chosen to take the loan from.

How long do I have to repay a short-term business loan?

A short-term business loan is usually repaid within one year.

Can I get a short term business loan with bad credit?

To get a short-term loan with bad credit or low CIBIL score, you need to first try to improve your credit score to further secure your financial future. CIBIL or credit score above 700 is considered good by private and public sector banks. Rest, to avail short-term loan you can apply with Non-banking Financial Companies (NBFCs), Small Finance Banks (SFBs), Micro Finance Institutions (MFIs), crowd funding, POS loans providers, peer-to-peer lending, etc. These institutions offer business loans on behalf of your current financial health, source of income, business stability and repayment capability. Credit score or CIBIL score is not the primary factor of these institutions in offering business loans.

How do I check my eligibility for the loans?

You can check the eligibility for the loans at the bank websites.

Can I get a short-term business loan to get new equipment for my factory?

Yes, you can take a short-term business loan to get new equipment for your factory.

Business Loan Articles

25 Best Business Ideas for Ladies Sitting at Home in India 2026

Sushmita Mishra29 May 2026

What is a Business Loan in India

Sushmita Mishra15 May 2026

Factors Affecting Business Loan EMI

Sushmita Mishra05 May 2026

Unsecured Business Loans: Lenders Notice More Than Just Your Credit Score

Paisabazaar26 Aug 2025

Secured vs. Unsecured Business Loans: Which One Should You Choose?

Vandana Punj04 Apr 2025

How to Choose the Right Business Loan

Vandana Punj03 Apr 2025

MSME – Its Meaning, Classification, Loan Schemes, Role and Importance in India

Rahul Misra29 Jan 2025

Ways To Raise Capital For Your Startup Business

Rahul Misra29 Dec 2024

6 Reasons for Your Business Loan Application Getting Rejected

Rahul Misra01 Dec 2024

Business Loan or Overdraft – Which is Better?

Rahul Misra09 Aug 2024

View All Articles

What our customers say

Business loan complex hotta h

Business loan thoda complex lagta h muhje, lekin Paisabazaar pe team ne sab steps simple bana diya muhje ache se support kiya. Thank you.

Meher SinghJan 22, 2026

Hassle-free Business Loan

I would like to take a moment to sincerely appreciate Rohit Kumar\'s (EW25946) continuous support and clear communication. Your timely responses, cooperation, and willingness to help have made a significant difference and contributed greatly to smooth coordination and successful outcomes. Your professionalism and positive approach are truly commendable, and it has been a pleasure working with you. Thank you for your dedication and for maintaining such effective communication throughout.

MD Gausar AlamJan 20, 2026

Business loan liya tha, interest acha mila

Muhje darr tha ki interest rate kahi lenders jda na charge krle, phir paisabazaar pe sahi interest rate milla. Mera credit profile dekh ke or bhi bht saare factors consider karke interest rate milla.

Mohit DasJan 15, 2026

Uncle ne bataya tha Paisabazaar ke baare mai

Mai online loans ke baare mai jada nhi janta, mere chacha ne bataya tha ki Paisabazaar se loan acha milta hai. Try kiya or asli mai bohot acha experience tha.

Raju RastogiJan 14, 2026

Boutique ke liye small loan liya tha

Boutique ke liye small loan liya tha. Small entrepreneurs ke liye bht important hota hai sahi jagah se loan lena. Paiabazaar ki team bohot helpful hai.

Vanni KumariJan 13, 2026

Loan approval ke chances dikhate h

Paisabazaar se business loan lo toh pata rehta h ki kaha loan approval ke chances jada hai. Isse thoda tension kam jata h rejection ka. Acha feature hai.

Sobhit GuptaJan 5, 2026

Advisors bohot ache the

Business loan thoda confusing hota h. Advisors ne sahi guide kiya. Thanks you.

Prakash MishraJan 4, 2026

Trusting platform

I take business loan from Paisabazaar two months before. very nice experience. No jhamela, only good work done. Thank you

Priya ShawDec 30, 2025

Chote business ke liye bhi loan mila

Chote businesses ko loan milne mai dikkat hoti hai lekin yaha mil gaya. Thank you for helping small business also. Good job keep it up.

Rupesh SharmaDec 29, 2025

Quick and easy steps

Business loan apply karne se pehle yeh sochke dar lagta tha ki bohot mehnat lagegi. Lekin mai toh surprise hi hogayi Paisabazaar ka simple or easy steps dekh ke. Itna smooth process tha ki bikul hi samjh nhi aaya kab loan approve hua or kab account mai paise agaye.

Ishita SinghDec 28, 2025

View All Testimonials

Written By

Vandana Punj

Reviewed By

Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Check Best Business Loan Offers
with Quick Disbursal

Talk to Expert

Talk to Expert

Short Term Business Loans

Find Best Business Loan Offers

Features and Benefits

Documents Required for Short Term Loans

How to avail a Short-term Business Loan?

FAQs

Why should I take a short-term business loan?

Can a credit limit for a business loan increase?

How long do I have to repay a short-term business loan?

Can I get a short term business loan with bad credit?

How do I check my eligibility for the loans?

Can I get a short-term business loan to get new equipment for my factory?

Business Loan Articles

What our customers say

Overview

Govt Schemes

Calculator

By Industries Type

Other Products

Bill & Recharge

Talk to Expert

Talk to Expert

Short Term Business Loans

Find Best Business Loan Offers

Features and Benefits

Documents Required for Short Term Loans

How to avail a Short-term Business Loan?

FAQs

Why should I take a short-term business loan?

Can a credit limit for a business loan increase?

How long do I have to repay a short-term business loan?

Can I get a short term business loan with bad credit?

How do I check my eligibility for the loans?

Can I get a short-term business loan to get new equipment for my factory?

Business Loan Articles

What our customers say

Overview

Govt Schemes

Calculator

By Industries Type

Other Products

Bill & Recharge

Disclaimer