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Short-Term Loans
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:
Fast Capital in as little as 24 hours
Unsecured
Easy approval process
Little documentation needed
Cons:
Cost of borrow ing can be more
Best for:
Businesses that have high and consistent sales and bank deposits
Businesses that need financing right away
Short-Term Loans: Text
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