A short term funding is a type of business capital funding that can provide your company with quick working capital. Like most other traditional big bank financing, you’ll receive a lump sum of cash upfront which is repaid to First Down Funding over a set period of time.
Maximum Funding Amount
Total Purchased Receivables
Set payment structure
Bad credit is accepted
Suitable for a wide range of business purposes
For short-term business funding, cash-flow is more important than assets, compared to traditional term funding. if your business has a solid cash-flow it will sometimes overcome other financial information that can be negative for a business.
Note: The working capital cost you’ll pay and the amount you can qualify for will depend on your annual revenue, business history, and personal credit rating.
**Based on past customers
Time in Business
Short-term business funding are readily accessible online. First Down Funding has some of the faster processing times the industry – Apply Online. Some info maybe required online such your credit score, bank statements, and tax returns. First Down Funding can fund your funding within one or two days.
We Can Design A Funding Program For Your Small Or Medium Size Business.
A short term funding can provide a solution when you’re having minor cash flow problems. Unlike a traditional big bank financing, which is usually paid back over several years, a short term funding is designed to be paid back often within several months. You begin making repayments on the agreed date until the funding is repaid in full. At First Down Funding you can get approved and funded very fast.
– Short-term funding work like traditional term funding but they are more predictable
– Overall, it’s a simple product.
– You receive a set amount of cash upfront that you agree to pay back, along with the First Down Funding’s fees and interest, over a predetermined period of time.
– Funding amounts may be smaller, the repayment period shorter, working capital cost higher, and you often pay First Down Funding back on a daily or weekly instead of monthly schedule.
– Its easier to qualify and funding is quicker
Short-term funding are risks to First Down Funding, therefore the we are willing to fund the funding under different terms such as higher total cost of working capital. Although they make sense for plenty of situations, the best funding for your business is always the lowest-cost funding. If you still have questions about short term funding contact First Down Funding and business funding expert will help you understand what your business can qualify for.
Business owners understand that funds are necessary to help grow the business.
Whether you’re just starting out or have big plans to expand your existing business, access to more working capital is important.
There instance where extra cash will come in handy to fulfill a large order, pay for more inventory, marketing etc.
Without access to cash, you might have to pass up that golden opportunity that you have been waiting for.
Or maybe you have a seasonal small business that needs an influx of capital just before the holiday season.
Fast financing gives you the flexibility to spend how you need. Contact First Down Funding and let us know what your business financing needs are and we will present to you with the best offers available to you.