7/18/13
When your business doesn t qualify for a line of
credit from a bank, you might still have success in
obtaining money from then in the form of a one-time,
short-term loan (less than a year) to finance your
temporary working capital needs.
If you...
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7/18/13
When your business doesn t qualify for a line of
credit from a bank, you might still have success in
obtaining money from then in the form of a one-time,
short-term loan (less than a year) to finance your
temporary working capital needs.
If you ve
established a good banking relationship with a
banker, he or she might be willing to provide a shortterm note for one order or for a seasonal inventory
and/or accounts receivable buildup.
Most short-term loans are often repaid much more
quickly than that, often within 90-120 days.
Term
Shortterm loan 101
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