How a Short-Term Loan can help you grow your business?
Short-term business loans can help business owners invest in your company and scale rapidly. With minimal paperwork, flexible qualification, and a quick turnaround, short-term loans can be the stepping stone you need to take your business to the next level.
Do you qualify for a short term loan?
|
Required FICO Score |
500 |
|
Minimum Required Annual Revenue |
$240,000 |
|
Required Time In Business |
6 Months |
|
Secured By Collateral? |
No |
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Unlike a traditional long term business loans, a Short-Term Business Loan are better used for smaller projects that can make an immediate impact on your business. A short term business loan is best suited for immediate purchases or expenses, keeping your cash flow afloat through a slow sales season.
- Marketing expenses
- Inventory Purchase
- Payroll expenses
- Hiring
- Funding new projects
- Managing cash flow