Need Cash Fast For Your Business

If you have fair persona credit and process credit cards through your business, there is a good chance you will qualify for a unsecured working capital loan. These loans come with a cost but are very fast. Today I had a client get approved for one of these loans. We submitted the loan application yesterday and could have cash in hand by Tuesday next week. The approval process is relatively easy and simple.

These loans generally are paid back within 12 months. To obtain approval for a longer period of time is extremely difficult. This type of loan must be carefully thought out and planned for. It is a hybrid for bridge financing. The loan is repaid from daily cash flow. These payments are typically made through an ACH transfer from your business checking account. For high growth companies or companies that have large margins in cash flow, this loan type is not a problem and provides a good boost in immediate cash.

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