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SHORT TERM
Short term loans allow for very fast funding, so you get a lump sum of cash with a predetermined payment term. Payment is usually made daily, weekly or bi-weekly. The short term loan is best for businesses with high and consistent sales that are in need of quick unsecured cash to use however you need.
Pros:
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Fast Capital in as little as 24hrs 
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Unsecured 
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Easy approval process 
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Little documentation needed 
 
Cons:
- 
Cost of borrowing can be more 
 
Best for:
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Businesses that have high and consistent sales and bank deposits 
- 
Businesses that need financing right away 

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