Short Term Loan
Short term financing is an essential option for small businesses. Buying inventory, covering working capital expenses while awaiting payment of invoices, and expanding operations are just some of the uses small businesses have for short term loans.
- Covering small business costs while awaiting payment of accounts receivable
- A Christmas oriented business buying stock in advance of the holidays, with the loan to be paid off after the Christmas season
- Purchase of equipment that will pay for itself in less than two years