Short Term Business Loans
From time to time business or investors find themselves in a situation where they need funds to get them through a short term slump, or to take advantage of a lucrative investment opportunity that presents itself. The business, or investor may not be able to access normal loan funds in time to stave off financial difficulties or to take advantage of the opportunity that has presented itself.
In both cases short term business loans may be the answer. Short term business loans are for business purposes only and usually the term is measured in months rather than years. The rate is higher than normal business loans, but are usually easy and quick to obtain. In many cases the loan can be settled in 2 to 3 days from application. These are pure asset lends with a maximum LVR (Loan to Valuation Ratio) of 85%.
As it is a straight asset lend, credit checks and financials are not usually required.