SHORT TERM LOANS
Short term loans allow for very fast funding so that you receive a lump sum of cash with a predetermined repayment term. Payment is usually made daily, weekly or bi-weekly. The short term loan is best for business with high and consistent sales that are in need of quick unsecured cash to use however needed.
Closings in as little as 24 hours
Easy approval process with little documentation required
Cost of borrowing can be higher
Good fit for:
Businesses that have high and consistent sales and bank deposits
Business owners that need immediate financing