© 2021 IEEE.Ultra-reliable low-latency communication (URLLC) requires short packets of data transmission. It is known that when the packet length becomes short, the achievable rate is subject to a penalty when compared to the channel capacity. In this paper, we propose to use faster-than-Nyquist (FTN) signaling to compensate for the achievable rate loss of short packet communications. We investigate the performance of a combination of a low complexity detector of FTN signaling used with nonbinary low-density parity-check (NB-LDPC) codes that is suitable for low-latency and short block length requirements of URLLC systems. Our investigation shows that such combination of low-complexity FTN signaling detection and NB-LDPC codes outperforms the use of close-to-optimal FTN signaling detectors with LDPC codes in terms of error rate performance and also has a considerably lower computational complexity.