Short-Term Loans are a more traditional commercial finance solution. They are very helpful during growth periods that come with additional expenses. Short-Term Loans allow you to pay for new or unexpected costs while maintaining operational cash flow.
The loan amount will be determined by your lender’s assessment of your business.
- Fico Score: 680+
- Funding Amount: $50,000 – $5,000,000
- Rates: 5% – 30%
- Term Length: 3 months – 3 years
- Time in business: 2 years+