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What is a Short Term Loan?


A Short Term Loan is a loan product which elapses over a one year period. It is a great way of overcoming short term debt and financial commitments. Typically, short term loans consist of flexible repayment options which allows the borrower to quickly repay the loan amount and in turn, can reduce the interest.

Loan Amount Up to $10,000 (Personal Loans)
Up to $500,000 (Business Loans)
Pre-approval Time 5 minutes
Loan Term 12 months
Purpose
  • Rental bonds
  • Pay rents
  • Bills
  • Wedding Costs


When would you require a Short Term Loan?


The nature of this type of loan is ideal for matching with short term commitments, it can provide borrowers with a range of flexibility that can allow them to extend repayment commitments through a longer time frame. Whereby, spreading payments over the course of a year it can provide the relief without needing to constantly stress over finances.

A borrower of a Short Term Loan would require this loan when they least expect it. Naturally, a commercial bank issued loan is a more common product. However, this requires a significantly longer time frame for approval. With a Short Term Loan, borrowers are able to quickly overcome those unexpected bills, holiday or wedding costs and rental bond payments that do not carry a large amount. At Max Group, we are able to extend loans from up to $500,000, with pre-approval given, in 5 minutes.


About Max Finance


Max Finance is an Australian award winning financier operating nation-wide. You can be assured that you’ll be in good hands, having secured recognition amongst the community and receiving numerous customer service awards.

Get started online today with our straight forward Pre-Approval form which can provide you with a general idea of eligibility and funding amount upon completion. After, provide us with a few basic verification documents either straight from your phone or scanner. Once we have completed our verification, you’ll be notified by SMS & E-mail.

If you’re ever in a time of need, give Max Finance a chance. We even consider bad credit.


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