July 2020

Everything You Need to Know About Long Term and Short Term Financing 

As you run your business, you may find that you have hiccups in cash flow and gaps in paying bills of various kinds. If you plan on running a business, it’s vital to understand the differences between short term financing vs long term financing.

In this post we’ll talk about short term loans and long term loans,the differences between them, and how they can help you. Learn more about the difference between short term and long term loans below.

An Introduction to Hard Money Loans 

If you’re venturing into the world of income real estate or are looking to convert a distressed property into a saleable one, a bank loan may be hard to come by. If you are looking into alternatives for home financing or merchant funding, then a hard money loan may be exactly what you need.

Short Term Business Loans: What You Should Know

Financing your small business isn’t always easy, and applying for a loan with a bank can be even harder. Most favor larger companies with an excellent track record and credit history. If this doesn’t describe you, fortunately, all is not lost.

Enter the short term business loan: a quicker alternative to more traditional long term loans. By providing a fast cash infusion, you can help plug the holes in your daily business operations.

However, these loans do have some disadvantages and are not for everyone. Read on to learn what a short term loan is, and if it’s right for your business.