Get Small Business Loans Online

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.

Terms and Rates

Unlike personal loans, most business loans, whether they are under SBA Loan programs or not, have a fixed cost that you will have to repay. Here you don’t need to calculate the repayment amount according to annual percentage rate (or APR). It means that you will have to return the taken money and a fixed amount set in the agreement.

The fixed cost depends on several factors. Your personal information provided in the application form will influence the proposed cost. The type of the loan you have chosen will also determine this amount. The fee rate varies between 14 cents and 40 cents for every taken dollar.

Yet if you decide to take a credit for your business, you will be charged between 1% and 13.5% for the first two months, and 1% for the rest of the repayment term.

It's important that you understand the differences between personal and business loans. So we provide a complete explanation for our customers here . Our company offers different types of unsecured business loans, merchant cash advances for the entrepreneurs and best small business loans for women. With us, you have an opportunity to choose the most suitable option for you.

Repayment Terms

According to the type of the business loan you have chosen, you will have from 4 months to almost 2 years to repay the loan. Also, you can choose how to make repayments. You can make daily or weekly fixed payments or pay a percentage from your sales.