SME instalment loan: You pay the same instalment every month, made up of interest and repayment. The outstanding amount falls with each instalment until the loan is repaid. The term is 1 to 60 months. Suitable if your company has regular income and wants to spread the repayment evenly. How the instalment is made up is explained in What is an instalment loan?
SME short-term loan (bullet loan): During the term, you only pay the interest, monthly by default. You repay the entire loan amount in one sum at the end of the term. The term is 1 to 12 months; how long it can be depends on the security. Suitable if your company expects a larger incoming payment at a specific point in time.
Apply for the loan here: SME instalment loan or SME short-term loan.