Typically, small business loans are availed in order to expand or revamp an existing business or to fund a new business or a startup. It can be used to buy the inventory, for marketing, or to strengthen the financial base of your business. You can get all the capital you need to your business development by availing a quick business loan.
Although most business loans are availed from conventional banks, it becomes difficult to get a bank loan due to many circumstances. However, the private lenders will provide different types of quick business loans like the Business Lines of Credit, Term Loans, Equipment Loans, etc. depending on your requirements, for any credit score history.
You can avail your quick business loans by submitting your request at shorttermcredits.com and get the funds as soon as possible at considerable APR ranging from 14% - 18%. The final APR shall depend on various other factors.
Business loans are the loans availed to fund the financial demands of a business in a short time.
Available for startups and for existing businesses
Can be applied online and availed as soon as possible
The funds can be used for various business-related purposes
Available for all types of businesses
To avail a quick business loan from us, you will only have to submit the following details. There is no other elaborate checking done and you can get your business loan as soon as possible.
'shorttermcredits.com' is a direct lender of business loans, and therefore, it has all the control over the APR & other terms that will be offered to you for your loan. We will display a representative APR that is based on the data from different aspects. The APR will range from 14% to a maximum of 18% with a repayment tenure ranging from 61 days to 180 months. The actual applicable APR will depend on your credit score, loan amount, loan term, the credit usage, and history, and shall be agreed upon by you and us.
If you are borrowing a quick business loan of $20,000 for a term of 10 years at an APR of 18%, the total payable amount at the end of 120 months (10 years) will be $43,244, with a monthly payable amount of approx. $360 and total payable interest of $23,244.