While some see small business loans as a last resort, the benefits for many businesses today are undeniable. An influx of money at the right time can make the difference between a business flourishing or failing. Simply Quick Business Loans specializes in providing fast small business funding for businesses that cannot receive traditional bank loans.
While going into any sort of debt is never ideal, the fact remains that it can be unavoidable. Securing a short term business loan with reasonable interest rates and terms can help you:
Many business owners believe they are being frugal by finding ways to cut spending in order to avoid securing small business loans. True, it is wise to cut unnecessary expenses during slow seasons. However, cutting expenses by ordering poor quality inventory or ignoring needed repairs will only hurt your business in the long run.
Customers will perceive your lack of repairs as a lack of care, and poor quality inventory will lose your customers for life.
You shouldn’t go into long-term debt simply to pay employees or finance immediate expenses. Our short term financing business loan options are as diverse as the businesses we help and frequently are scheduled to be paid off between 6 and 12 months.
This allows you to pay off your loan without having extensive debt hanging over your head. Additionally, an excellent credit score is not a requirement, nor is collateral. Although we now offer secured loans, we specialize in unsecured small business funding.
We offer three simple ways to apply for our small business loans. You can apply online, over the phone, or by calling to have us send you an application packet in the mail. Regardless of the option you choose, we will process your application within 24 hours and if approved, you will receive funding within 48 hours.