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How long is a short-term loan?

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ronaldobrown
ronaldobrown Posts: 1 Newbie
edited 27 May 2010 at 9:22PM in Mortgages & endowments
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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