SHORT TERM
Short term loans allow for very fast funding so you get a lump sum of cash with a predetermined payment 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 you need.
Pros:
-
Fast Capital in as little as 24hrs
-
Unsecured
-
Easy approval process
-
Little documentation needed
Cons:
-
Cost of borrowing can be more
Best for:
-
Businesses that have high and consistent sales and bank deposits
-
Businesses that need financing right away
How It Works
OUR THREE STEP PROCESS
2
We review your application
We review your goals and present you with programs matching your needs, getting an offer in 24 hours.
3
Receive funding
Choose the program that fits you best and receive funding within 48 hours.