Short term loans are loans granted to be paid back in a 12 months or less.Apply for our short term loans which we grant for a period of 3 – 12 months, to finance temporary business projects that gives you a quick return such as:
- Updating or refreshing your business location to attract more customers
- Stocking goods with a quick sales turnaround
- Launching marketing/ad campaigns
- Hiring help or stocking extra goods for the season
On a 6 month, $10,000 loan with 15% Total Interest Percentage and weekly payments, your interest cost is $1500, for a total payback amount of $11,500.