Find The Most Competitive Short Term Loans with Capital Bean

Are you looking for Short Term Loans in the USA? Capital Bean is ready to help. Click on “Get Started” and you could borrow between $100 to $35,000 and the financing could be in your bank account within 24 hours.


Short Term Loans – What Are They?

Short Term Loans enable you to borrow any amount between $100 and $35,000 for a short period of time – typically for just a few months. Capital Bean offers loans to be repaid over anywhere from 60 months all the way down to 1 month. The loan installments will always be paid monthly in equal installments and are designed to give you a buffer until you get into a better financial position. Or they could be used if you have a particularly large expense which could be to start a new business, buy a new or used car, consolidate debt or even to get married.

The money can be received upfront to make your purchase which you will then pay back simply each month. The money will be collected on the same day each month which you will agree ahead of time with the lender. Many borrowers set the loan repayment date to be the last day of the month or whichever day they receive their paycheck.

Unsecured, payday loans and installment loans are all examples of short term loans. These are considered short term loans as they are usually used for short term purposes and not used over a long period of time like a mortgage.

At Capital Bean we partner with a wide range of short term lenders in the United States to help you borrow $400, $750 or $1000. We partner with stores, apps and local lenders so that you have the widest choice and will be connected with the lender that is best for you.

What Types Of Short Term Loan Can I Get?

Loan Type Features
Payday Loans

– Small, short-term loans

– Typically due on your next payday

– High-interest rates

Personal Installment Loans

– Borrowed amount repaid in fixed installments 

– Longer repayment terms, often a few months to several years

– May require a credit check

– Interest rates vary based on credit score and lender

Title Loans

– Secured loans using vehicle as collateral 

– Borrower keeps possession of the vehicle

– Risk of vehicle repossession for non-payment

What Are Short Term Loans Used For?

People may need a short-term loan for various reasons, including:

  • Emergency Expenses: Unexpected medical bills, car repairs, or home repairs can arise, and a short-term emergency cash loan can help cover these urgent costs. 
  • Utility Bills: If you’re facing disconnection of essential services like electricity, water, or gas, a short-term loan can bridge the gap until your next paycheck.
  • Rent or Mortgage: Temporary financial difficulties can make it challenging to make rent or mortgage payments on time, and a short-term loan can prevent eviction or foreclosure.
  • Vehicle Expenses: When your car breaks down, it can disrupt your daily life. A short-term loan can cover the cost of repairs or help you purchase a new vehicle.
  • Debt Consolidation: Some people use short-term loans to consolidate high-interest debts into a single, more manageable payment.
  • Business Needs: Small business owners might use short-term loans to manage cash flow, purchase inventory, or address unexpected expenses.
  • Temporary Income Gap: If you’re between jobs or experiencing a gap in income, a short-term loan can help you cover living expenses until you secure a new source of income.

Does Capital Bean Lend Short Term Loans for Borrowers with Bad Credit?

Yes – we help those with bad credit histories receive short term loans. To make sure you can receive a loan with a bad credit history you need to make sure that you meet the criteria laid out below which makes you eligible. Criteria includes being in stable employment with a consistent income, being over 18 years old and also being able to afford to repay your loan each month.

We understand that emergencies can happen which means that you don’t always have a perfect track record for your credit history. At Capital Bean we like to work with those who are committed to paying their loan back each month and on time. If you’re committed to meeting these goals then we have a number of short term lenders that can help you right now.

Some lenders specialize and work with lenders who have a good credit rating, but we also work with a number of partners with a range of bad credit loans. The lenders that work with poor credit ratings might offer slightly raised rates, or offer loans with a longer term to give you more room to pay it back. Our partners might also offer products including title loans against a car, or a secured loan that has a backing by another asset. With a secured loan you do not need to have as good a credit score to meet their eligibility criteria.

Steps To Quickly Apply For An Emergency Loan

Step 1

Apply Online – Use our 100% free online form to apply in less than 5 minutes.

Step 2

Instant Decision – You will receive an instant decision on screen from one of our lending partners who will offer the best rates.

Step 3

Receive Money – You have already provided your bank account details so within 1 hour, the same day or the next business day you will get your funds.

How Do I Become Eligible For A Short Term Loan From Capital Bean?

When working with Capital Bean and our lenders we will always carry out a number of checks to guarantee that you can afford to pay back your loan on time. The majority of our lenders will carry out a credit check to make sure that you don’t fall into financial difficulty but the partners that we work with will always consider different backgrounds and a wide range of credit scores.

The laws governing payday loans will differ depending on your state. Some have direct limits on how much you can borrow. Check out our state specific borrowing pages for more information on how borrowing is regulated in your area.

  • In stable employment
  • Over the age of 18 years old
  • Full time resident of the United States
  • Earn over $800 per month (full or part-time)
  • Have an active checking account for your loan to be paid into

Does Capital Bean Offer Short Term Loans Directly?

No, Capital Bean does not loan directly. We match your enquiry for a loan with the lender that best suits your needs. We always work with US lenders who can give you the best rates when you need to borrow money. We use technology to analyze and process thousands of data points when you put in an application for a loan. The technology-drive-platform that we use means we can find the best lender for you.

Working directly with a lender has benefits as it means your details are not shared with others. It also means that you know who you are working with every time you get a loan.

However – do not worry, Capital Bean is dedicated to security and offering a secure platform. After the lender has decided on a loan you then can work directly with your chosen lender. This means you can have full peace of mind that your personal details are not being shared with third parties and are safe. There are no other middlemen involved.

How Do I Make My Loan Repayments?

After you’ve been accepted for a loan your repayments will be collected equally in monthly installments. Depending on the duration of your loan you could make anywhere from one to 60 monthly payments.

Your repayments will always be collected automatically through a system known as ACH (Automatic Clearing House). The money will be collected automatically on the due date which is usually the date of your paycheck, or the last day of the month.

Using ACH means that you don’t have to do anything as the payments are taken automatically from your account. You don’t need to make a manual payment, call the lender or go to the bank. This makes it incredibly straightforward to make your monthly payment.

Lenders always give the option to repay your outstanding loan amount early. If you contact your lender directly you can find out how to do this. Clearing your account early could save you extra money in interest. Make sure to read the lender’s terms and conditions closely before paying off your loan early.

How Can I Apply Online for Short-Term Loans with Capital Bean?

Online Application in Under 5 Minutes

The entire loan application can be completed online. It takes no more than 5 minutes and can be filled out on your laptop, tablet or cell phone. The lenders require some basic personal details including your monthly or yearly income, where you live, expenses, the amount you want to borrow and finally how long you want to borrow it for.

An Instantaneous Decision and Signature on your Loan Agreement

You won’t have to wait long for a decision as the lender will immediately give you a provisional loan offer after you fill out your details. You can even choose to proceed right away! For security you’ll need to sign the loan agreement electronically using a PIN code sent to your cell phone and then a unique link sent to your email address. This all just takes a few minutes. The lender you decide to work with will then proceed with some more checks and get your funding application ready to be financed.

Money Sent to your Account

After Step 1 and two you will be fully approved and checked. At this point your lender will get your loan ready to go so that it can be sent to you in one payment directly to your bank account. Money can be ready to go in just 15 to 60 minutes. Larger amounts take slightly longer but it can still be paid on the same day or within 24 hours or the next working day!

Why Should I Work with Capital Bean as a Lender for my Short Term Loan?

If you’re looking for a short term loan lender then Capital Bean is happy to be available when needed. Our process is fully online and we don’t charge upfront fees. We know speed is important to you so we always aim to get a decision and most importantly, the funds, into your account as quick as possible.

We are a loan connection service which means we can maximize the chance you’ll be accepted and funded within 24 hours, and sometimes the same day! Because we work with a huge range of lenders it means you don’t have to approach lenders 1-by-1 or even go to the bank. We immediately connect you online with over 50 competitive lenders who will give you the best option tailored just for you.

Options are available for low credit scores and also for those with no credit checks. We are happy to have helped thousands of customers successfully apply for a loan to date. We are looking forward to being your short term loans partner. On top of all of this we make sure to take extra measures to keep your personal details safe and will never pass these on to anyone else without your explicit permission.

Can I Get a Short Term Loan Without Having a Credit Check?

If you want a short term loan without having a credit check it might be a challenge since most of our lenders run a credit check to confirm whether you are eligible. They usually want to check your previous credit history and your history in repaying other types of loans as past behaviour usually predicts future behavior well.

However – if you’re looking for a no credit check loan we can help you out! We have a number of lenders that we work with who will take into account different circumstances and backgrounds. So don’t worry.

If you want to go down the no credit check route you might be given an option from an app, credit union or maybe even a secured product which could be a home loan or title loan where you might require collateral. In this situation your credit score is not always required.

What Kinds Of Information Will I Need To Apply For A Short Term Loan

It’s pretty straightforward to apply for a Short Term Loan. You’ll need some basic personal details including your full name, age, where you live, income, driver’s license number or State ID, expenses, whether you have a valid checking account, email address, your phone number, how much you want to borrow and over how many months.

Capital Bean will match you with a lending partner automatically. If you do want to go ahead with your loan then they will do a couple of extra checks. If your application is approved then the money could be in your account within 24 hours or latest the next business day.


What Should I Consider Before Getting A Short Term Loan?

Before getting a short-term loan, consider the following four important factors:

Financial Need

Assess your financial situation to determine if taking out a short-term loan is necessary. Are there other ways to cover your expenses, such as cutting non-essential costs or borrowing from friends or family? Ensure that you’re taking out the loan for a valid and urgent reason.

Repayment Ability

Calculate your ability to repay the loan, including the principal amount and any associated fees or interest. Create a budget to see if you can comfortably meet the repayment terms without compromising your other financial obligations. Be realistic about your income and expenses.

Lender Reputation

Research potential lenders thoroughly. Look for reputable, licensed lenders with transparent terms and fair interest rates. Read customer reviews and check with regulatory agencies to ensure the lender is legitimate and compliant with state regulations.

Loan Terms

Understand the specific terms of the loan, including the interest rate, repayment schedule, and any associated fees. Pay attention to the annual percentage rate (APR) to gauge the total cost of the loan. Ensure you’re comfortable with the terms and that they align with your financial goals.

Resources And Tips For Borrowers 

  • Consumer Financial Protection Bureau (CFPB): The CFPB offers resources and information on managing debt, understanding your rights as a borrower, and avoiding financial scams. Their website provides valuable tools and guides: 
  • National Foundation for Credit Counseling (NFCC): NFCC is a nonprofit organization that offers credit counseling, debt management, and financial education services. They have member agencies across the United States: 
  • Debt Consolidation: Explore debt consolidation options that allow you to combine multiple debts into a single, more manageable loan with a lower interest rate. Be cautious and research reputable lenders.
  • Credit Counseling Services: Nonprofit credit counseling agencies can provide free or low-cost assistance in managing your debts. They can offer advice on budgeting, debt repayment strategies, and credit improvement.


How Much Can I Borrow?

The amount you can borrow for a short-term loan varies, ranging from $100 to $35,000, depending on factors like credit history, income, and loan terms.

Can I Borrow Money Instantly with Capital Bean?

Yes, you can apply online within minutes, receive an immediate decision, and get funded on the same day or within hours, making it a quick process.

Will Applying for a Loan Negatively Impact My Credit Score?

Applying for a short-term loan generally won’t harm your credit score. Capital Bean performs a soft credit check, which doesn’t leave a lasting impact on your credit history.

How Fast Can I Get a Loan?

Short-term loans can be funded on the same day or within hours for smaller amounts. Larger loans may require more checks and could take a day or a few days to transfer.

How Much Does it Cost To Borrow Money Online?

The cost of online short-term loans varies, with APR ranging from 9.9% to 600%, based on factors such as credit score, income, and loan duration.

What is The Eligibility Criteria to Apply?

To apply for a short-term loan, you typically need to be a US resident over 18 years old with steady employment, earning at least $800 per month, and having a checking account.

What is The Minimum and Maximum Amount I Can Borrow at Once?

Short-term loans generally start at around $100, with a maximum borrowing limit of $35,000, typically repaid in multiple installments for larger amounts.

How Do Loan Repayments Work?

Loan repayments are processed automatically through ACH authorization, with email and SMS reminders sent before each due date. Missing payments may result in late fees and credit score impact.

Editorial Note

While short-term loans can provide quick financial relief in times of need, it’s crucial for readers to exercise responsible borrowing practices. Short-term loans often come with higher interest rates and fees compared to traditional loans, which can result in significant costs if not managed carefully.

Before applying for a short-term loan, we recommend evaluating your financial situation, exploring alternative sources of funding, and creating a realistic budget for repayment. Additionally, it’s essential to thoroughly research and choose reputable lenders who comply with state regulations and offer transparent terms.

Readers are encouraged to verify the information provided on this page, as lending practices and regulations may change over time. We advise consulting with financial experts and regulatory authorities for the most up-to-date guidance on short-term loans.