If you are a businessman, I am sure you understand the difference between long term and short term loans. Also, if you are a loyal customer of Green Sea Funding, this is something you know about Green Sea Funding as these are terms we use when negotiating with our customers. However, if these terms are new to you, you don’t have to worry, because you’ve landed on the right page. In this blog, I will focus on identifying aspects that will help you understand some of the parameters considered when applying for a short term loan with Green Sea Funding. In other words, if you want to know more about short term loans at Green Sea Funding, keep reading this blog, because it will be my point of reference. Looked:
Short term loan
At Green Sea Funding, we define short term loan in the form of lump-sum loans intended to be repaid in full in a maximum of 18 months. In other words, if your loan is marked as short-term, we expect our funds to be repaid in full plus interest in less than 18 months. Therefore, if you are facing short-term financial needs, this is the financial tool you should consider. The tool is flexible and you can use it to comfortably manage your cash flow, meet unforeseen needs for additional cash at your premises and take advantage of unforeseen business opportunities.
Loan limit and term
Green Sea Funding provides money faster than any other online platform you’ve ever heard of. As long as your credit score is over 600 and you are the business owner, you can apply for a short term loan with us. A short term loan ranges from $2,500 to $2,500,000. This is a good amount that can be used to meet your immediate needs as a business owner.
As this is a short-term loan, we expect full repayment between three and eighteen months. However, we also consider monthly business revenue before setting the limit. Therefore, depending on your monthly business income, we can extend the payment period to 24 months and help you grow. But, you must assure us that you will repay the funds in full before the end of the period.
One aspect that has allowed Green Sea Funding to proliferate in the market is the speed at which funds are sent to companies or business owners who choose our services. In other words, you can request the funds and get them the same day. As a businessman, you need to make sure that you have provided all the required details to get your loan approved faster. If you are in urgent need of funds, you can contact us for more information. We will give you the necessary indications to speed up the process and to be financed before the end of the day.
If you are a business owner looking for funds to meet your urgent needs, look no further. At Green Sea Funding, we will ensure that you receive the funds within 24 hours of completing the application forms and providing all necessary documents.