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:
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Fast Capital in as little as 24hrs
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Unsecured
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Easy approval process
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Little documentation needed
Cons:
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Cost of borrowing can be more
Best for:
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Businesses that have high and consistent sales and bank deposits
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Businesses that need financing right away
Our 3 Step Process
1. Apply
Fill out our Quick Apply application.
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.