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 businesses with high and consistent sales that are in need of quick unsecured cash to use however you need.
Fast Capital in as little as 24hrs
Easy approval process
Little documentation needed
Cost of borrowing can be more
Businesses that have high and consistent sales and bank deposits
Businesses that need financing right away