Your company needs money as quickly as possible. Like, today. Perhaps an order that is big arrived in and you also don’t have the required materials to meet it. Maybe a major consumer payment hasn’t arrived on time, or a income tax deadline is approaching, or a costly bit of equipment simply broke down.
Or perhaps there’s the opportunity in the horizon—you’re planning to introduce a unique item, or expand into an innovative new market, or rent a fresh center to meet up customer demand that is increasing.
Whatever the case, you’re dealing with unanticipated cashflow issues and require a sudden injection of money. Could taking out fully a short-term business loan function as the move that is right? Continue reading “Is a Short-Term Company Loan a good notion?”