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Old 05-27-2010, 08:26 AM
donaldjerry donaldjerry is offline
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Default How long is a short-term loan?

I'm managing a Conference and have already used up my 2 long-term loans (both season-long) for this season. Now I'm allowed 8 'short-term' loans. What period is defined as short term? I know that 6 months is deemed long term, so could I take someone on loan for 5 months, or is that still regarded as long term?
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Old 06-01-2010, 08:50 AM
Peter Parker Peter Parker is offline
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Default Re: How long is a short-term loan?

A loan scheduled to be usually repaid in less than a year is called short term loan.

Long-term loans usually mature in one to seven years, but can be longer for real estate or equipment.

By keeping these definitions in mind, your all loans are short terms.
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Old 06-03-2010, 02:51 PM
lbs lbs is offline
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Default Re: How long is a short-term loan?

You need some type of financial tool or software which can solve your financial problem..
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Old 07-23-2010, 05:07 AM
Eric80 Eric80 is offline
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Default Re: How long is a short-term loan?

Short term loans are due within a set amount of time, depending on the lending institution. It varies from 90 to 120 days.
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Old 11-15-2010, 05:44 PM
ÄngelsbergKonsortium ÄngelsbergKonsortium is offline
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Default Re: How long is a short-term loan?

typically, less than a year
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Old 11-18-2010, 07:40 PM
jj_aris1982 jj_aris1982 is offline
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Default Re: How long is a short-term loan?

Shorter term loans typically have higher monthly payments which has its advantages and disadvantages. Short term loans depends on the contract that you have signed during the approval of loans.
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Old 02-01-2011, 08:01 AM
paydayloan1 paydayloan1 is offline
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Default Re: How long is a short-term loan?

A loan scheduled to be repaid in less than a year is called short term loan.
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Old 02-15-2011, 12:01 PM
kjones kjones is offline
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Default Re: How long is a short-term loan?

how short term loans is different from 12 month loans ?
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