“Why Would You Want A Short Term Business Loan…”

Are short term business loans really much higher in risk and cost?

The reality is short term business loans aren’t much more expensive.

It really depends on the specific situation and predicament right?

Think about the business owner with a load of inventory…

Inventory damaged from a delivery truck accident.

Resulting in a vehicle roll over…

Damage to “just in time” (JIT) inventory to fill a key order.

How much money will that business owner lose?

Why wouldn’t it make sense not getting a short term loan?

Typically because traditional banks just can’t deliver funds on time.

In this type of crisis situation…

A higher cost short term loan can save that business.

Not only the key order…

Also make the business money and save their reputation!

What about a business which is seasonal?

More than often there is seasonal trends…

And a business does not have the money in order to take advantage.

What if sales are down for the company?

Could they prepare a hike in sales with a new product launch?

There are off and in season trends…

The only problem is do you have working capital next month to pay their employees?

Wouldn’t it be foolish not to go to a short term lender?

Banks typically take months for just an approval right?

Small business loans to the rescue…

It’s all about right time, right place and right net return.

And it’s not always to avoid an unfavorable situation.

If you want to compare a traditional bank business loan…

Why use a short term business loan?

Simply because timing is everything.

Only problem is banks are often very slow for the approval.

And time alone could take 2, 3, even 8 months!

Anything less just doesn’t exist with banks.

Sometimes it’s timing and a promise of future gain…

Business is full of risks, which can convince a business owner to seek a short term business loan.

I’ve had this scenario come up several times.

It’s true banks have their purpose for conventional situations.

However, short term business loan lenders are here for a reason.

They have filled the gap with the right answer.

Business owners who didn’t think there was another choice…

What if the business owner just doesn’t have great credit.

Maybe she owns a restaurant and wants to add a balcony to the side of the building.

For example…

Let’s pretend she cannot get a loan through the bank.

You know the obvious obstacles right?

One key reason is because her credit score is 560…

She decides to get a short term business loan.

She knows it costs her $30k to have balcony built.

And to purchase new equipment (additional tables and chairs).

She will end up paying a 1.3 factor rate…

This means she’ll pay back 1.3 times the amount of loan.

So she’ll pay $9k in fees/interest over course of the loan.

Now, here’s the kicker…

She also knows this new balcony allows for more customers.

This translates into over $40,000 more revenue every single month.

Is this business owner an idiot for taking out a short term loan?

She doesn’t care if it costs her $9,000…

It’s going to bring her $480,000 in extra sales each year.

Do you get the bigger picture?

Here’s another example…

A business owner secures a large contract to produce goods for a large well known international brand.

The order is massive compared to what they are used to producing.

This means they do not have inventory required.

The company can’t possibly fulfill the order in time.

They don’t have resources or money to order large volume of inventory…

How are they going to pay the additional cost of expedited shipping?

So, let’s pretend they approach local bank down the street.

Can this bank deliver funds fast?

Unfortunately not for at least 60 days (maybe).

Now, the company serious has to reconsider their position…

They think they will have to turn down the order.

And say “bye-bye” to the largest order in their company history.

It could have boosted their sales volume through the roof.

A colossal boost of profit for the entire year…

Smart business owners who experience a similar ordeal to the one above can be better prepared.

What if they approach a short term business capital company to get what they want?

Okay, what short term solution can allow them to grab their largest order in company history with both hands…

The cost is higher right?

Still  the payout is now in sight.

This company may pay 1.2 – 1.5 times loan amount.

And it ends up profiting 100’s of thousands of dollars.

Money they would have otherwise never seen.

Should your business never get a short term business loan…

I don’t know, but you can tell me.

As you can see, there are situations and circumstances in which a short term business loan can help fill the gap.

Yes! A smart business owner’s can shield their wallet…

And ultimately help save their family from potential disaster.

Are you looking for a short–term business loan to grow, cover expenses or move forward with confidence?

Short term business loan