Sometimes, you need a relatively small amount of financing for your business and can’t afford to spends weeks or months applying for a loan at a bank. Short term loans quickly get you the money you need without the hassle of a lot of paperwork, and you pay it back within a few months or years. Typically, you can borrow up to $500, 000.
In general, you must pay back a short-term loan within 3 months to 5 years. Since the payback period is shorter than a traditional commercial loan, the interest rate and monthly payments will be higher. It's typical for borrowers to pay between 20-80 % APR, but you may get lower rates if you have excellent personal credit. On the plus side, you can get your money faster and get out of debt more quickly than you could with a traditional loan. There’s also usually no down payment or collateral required.
Short term business loans have a fast and easy electronic application process. In most cases, you can apply online and find out right away if you pre-qualify for the loan. You can normally get funding in less than 2 weeks.
Long Whatton is a village in the English county of Leicestershire. It is south of East Midlands Airport, off Junctions 23 and 23A of the M1 motorway, and has easy access to Loughborough via the A6 and to Shepshed, Ashby de la Zouch and Kegworth.
The village is at National Grid Reference SK481229. It is a linear settlement, situated largely...
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