Funds from short-term loans can generally be obtained faster than from long-term loans for two reasons: (1)when lenders consider long-term loans they must make a more thorough evaluation of the borrower's financial health,and (2)long-term loan agreements are more complex.

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Short-term loans are generally quicker to obtain than long-term loans due to the simpler application and approval process. With long-term loans, lenders must perform a more comprehensive evaluation of the borrower's financial health and assess the complexity of the loan agreement, which can prolong the approval process.

Funds from Short-Term Loans Can Generally Be Obtained Faster Than