SHORT-TERM BUSINESS FINANCING
Short-Term Business Financing is an alternative type of business financing, and is not a traditional small business loan, which makes it quicker and more efficient for companies looking for capital immediately. With an SBF, you get an upfront sum of cash that you repay using a percentage of your debit and credit card sales, plus a fee. SBF's use factor rates instead of a traditional interest rate. Factor rates are simple decimal figures that show how much “extra” you will owe on the original amount.
From $5K up to $500K
Short-Term Business Financing is Ideal for:
Businesses seeking fast funding! 24 to 48 Hours
Businesses that process a lot of debit and credit card transactions
Businesses with lower credit scores
Business owners that do not have collateral, such as real estate and other assets