What is another word for call loan?
Pronunciation: [kˈɔːl lˈə͡ʊn] (IPA) 
A call loan, also referred to as a demand loan, is a short-term loan that is payable on demand. This type of loan is usually unsecured and has a high-interest rate. In business, a call loan is often used to finance temporary cash flow needs. Synonyms for call loan include demand loan, short-term loan, cash advance, payday loan, bridge loan, and spot loan. Banks and financial institutions often offer these types of loans to customers with good credit histories. Call loans are usually used for emergency purposes, and borrowers are expected to pay them back quickly to avoid incurring high-interest charges.
