Sentences with phrase «while traditional business loans»

While traditional business loans can take several years or decades to pay off, short - term business loans are often paid off in a matter of months, although some can last for up to three years.

Not exact matches

While a traditional bank loan often requires specific collateral before they will lend to a small business and may rely heavily on the personal credit of the business owner, OnDeck offers fast small business loans from $ 5,000 to $ 500,000 with a general lien on business assets during the loan term and a personal guarantee.

While the advantage of a traditional small business loan is that you may be able to get the money you need, many new business owners find that it's difficult to be approved.

While pay day loans have a higher interest rate then a traditional bank loan they however can be applied for and the cash received by the borrower by the next business morning.

While the overall payment does seem hefty you must not forget that business cash advance saves you precious time which might otherwise be wasted on waiting for a traditional loan from a bank or other lenders.