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Types of short-term working capital loans include lines of credit, term loans, invoice financing and Small Business Administration (SBA) loans. ... Lower eligibility requirements: one year in ...
Lender. Working capital loans. Top features. OnDeck. Term loan. Line of credit. Repayment terms up to 24 months. Loans from $5,000 to $250,000. Credit lines from $6,000 to $100,000
SBA 7(a) loans. SBA 7(a) loans have loan amounts of up to $5 million and repayment terms of up to 10 years when used for working capital. It can take up to 90 days to receive funds, but the capped ...
If you need working capital for your small business over a period of three years or less, a short-term business loan could be right for you. Short-term loans help businesses acquire needed ...
Limited use of funds – There may be restrictions on how the loan funds can be used. Short-term loan. Short-term loans are like an SBA Express Loan on steroids. Click submit on your application ...
Alternatives to short-term business loans. If you decide a short-term loan may not be right for your needs, consider the alternatives. Many businesses turn to other types of funding to meet their ...
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