How do Short Term Business Loans Work?
- Funds are deposited fast.
- Loan approval is quick.
- Fix cash flow problems.
- Funds available within 72 hours.
ALC Commercial’s short term business loans generally last from 3 to 24 months and are secured against a business asset or tangible property. With over 20 years of experience, we offer responsible lending that can quickly boost your business’ finances. We have a wide pool of private lenders offering short term finance to businesses in Sydney, Melbourne, Brisbane, Perth, Adelaide, Canberra, Darwin as well as in regional areas around Australia.
When to Use a Short Term Business Loan
Short term business loans have a major advantage, they’re versatile. These specialty loans bridge the gap on an organisation’s finances and can be used for a range of business purposes.
Many organisations use their short term loans for:
- Covering Start-Up Costs
- Accounts Receivable
- Operational Costs
- Emergency Repairs
- Stock & Equipment
- Cover your debts
The uses for short term business loans are endless, check out how Joe used his loan to cover expenses and continue growing his business.
Case Study: Joe’s Agribusiness
Joe was looking to cover some unexpected expenses for his agricultural business. Unfortunately, his expenses hit during off-season, which meant he didn’t have stable cash flow to cover them. Since Joe needed working capital to prepare for his busy season, he contacted ALC Commercial for assistance. Instantly an ALC Commercial specialist analysed Joe’s application and came up with a list of short term loan products perfect for Joe. Even better, Joe got his short term loan, and was able to access the funds within 72 hours of applying!
No Credit Check Application – Flexible Terms & Fast Approval!
Short Term Business Loan Solutions
ALC Commercial offers tailor made short term business loan products. That means we assess our clients’ financial situation and locate loan products that suit their needs. With Joe, we knew being in the agricultural industry meant cash flow was going to fluctuate.
This is why Joe had trouble securing financing through local banks – they didn’t want to take on the risk. As a bank alternative lender, ALC Commercial was able to locate products that benefited Joe’s business regardless of credit, past defaults and cash flow issues.
Joe applied for a $25,000 short term business loan. We gave him a competitive interest rate, flexible payment terms and a payment he could afford. Since Joe’s cash revenue was larger than he expected for the on-season, he was able to repay his loan faster than expected.
Today Joe uses ALC Commercial for all of his short term and long term cash needs. Joe hasn’t been to a bank for a loan in over three years! Instead, he trusts the ALC Commercial experts to locate the right loan solution to get him through any financial snag.
At ALC Commercial, we can help your business secure a fast short term business loan, allowing you to act quickly on business opportunities. Get started today by calling 1300 886 996 now or by filling out an enquiry form online.
- 3-24 month repayment terms
- Rapid processing and deposit times
- No application fee
- Upfront disclosure on rates and fees