Why choose short term business finance over a traditional, longer term business loan?
The most obvious answer, of course, is that the shorter the repayment term, the less you need to pay in interest. A smaller monthly instalment to repay any loan might appear to be more easily managed in your day to day cashflow projections, but considerable interest is likely to accumulate as your loan stretches into years.
But there are other advantages which might persuade your company to opt for short term business finance rather than anything more long term:
The amount you want to borrow
Short term business finance when you need it
The case for short term business finance is likely to be a compelling argument when consider against the alternative secured, long term borrowing.
Contact us here at Cubefunder, therefore, for your unsecured, fixed rate, short term borrowing requirements.