As the owner of a business, you’re well aware that you may need to purchase inventory or hire staff during your off-seasons, well before any healthy revenues start flowing in.
Your expenses may increase while your revenues remain flat. To avoid related financial challenges – such as returned checks or overdrafts – it is best practice to leave a meaningful cash cushion in your bank account at all times. Still, there are situations where you still may not have enough capital on hand – such as taking advantage of an unexpected discount in inventory. In these cases, taking a temporary cash flow loan may be the right choice for your business.
When Do Temporary Cash Flow Loans Make Sense?
Temporary cash flow loans may not make sense for every business owner. In fact, they provide the highest benefits to generally healthy businesses that need temporary cash and have the means to repay the loan quickly. These shorter term loans tend to have higher rates – however, for some the speed and convenience of accessing the cash may be worth the extra cost.
Quick and Simple Temporary Loans
The Belmont Franklin Group understands the cash flow limitations that small business owners experience, including the unique challenges faced by seasonal business owners. We make temporary cash flow loans with the goal of helping small businesses grow. We step in when small businesses cannot obtain financing from their traditional bank lender with cash flow loans ranging from $5,000 – $500,000. Our loans our given on the basis of overall business health and are not based on the personal credit score of the owner.
At The Belmont Franklin Group, we’ve worked with small businesses throughout the U.S. achieve short and long-term success. Find your business’s industry, and learn how your business can utilize The Belmont Franklin Group's small business loans to stimulate both short and long term growth.
The Belmont Franklin Group understands the hard work that you put in when running a small business and the need for proper funding on rainy days. That is exactly why The Belmont Franklin Group has designed flexible and convenient funding options that include bad credit business loans and business lines of credit.
The Belmont Franklin Group has few requirements, and funds can be transferred to your account as early as 24 hours. What are you waiting for?
To Qualify up to $500k:
500 Credit Score
$5000 in Monthly Deposits
3 Months Business Bank Statements
7+ Deposits Per Month
Positive Daily Balance
Approve up to 85% of Your Monthly Revenue