Personal Money Service offers an easy way to get money for necessities of your business. Any corporation or sole proprietorship will benefit with a smart external investment. Short term business loans are the best solution. The money can be used for company development, increase the level of production or the quality of services.
Business term loan has a predefined date of final repayment. However you may choose to make your regular payments daily or weekly. The terms for taking business loan can be from 4 to 24 months. Also you can benefit taking such type of a loan because proposed interest rates are smaller than on short-term loans due to the longer period of borrowing. Choosing this type of loan you have a chance to take from $5,000 to $250,000.
You may decide to sell a share of your future credit and debit card receivables for a specified amount of cash. A Merchant Cash Advance presupposes getting the amount from $5000 to $250000 at your disposal for the period from 4 to 18 months.
The possible amount of money offered in the Business Line of Credit is from $2,000 to $100,000. The term is 6 month per draw. In case you take such type of first time business loan, you’ll have to cover daily repayments.