Short-term funding is a type of business financing in which the principal plus interest is repaid within a year or less; hence the name short-term funding. This is used mainly to finance operating expenses or working capital requirements in growing businesses. Now you can serve more customers, take on larger orders, and extend credit to clients to do more business, turning short-term funding into your competitive advantage.Sign up to Get Started
The application process for short-term loans is less time consuming.
Funding is released quickly so you can use the cash to bridge cash flow gaps.
Less documents will be required, making short-term funding easy to qualify for.
Your business has cash flow problems due to slow-paying customers or you need to pay suppliers cash up front
If you need the loan to fund a business expense that won’t last past a year, then short-term credit is the best option for you.
If you need funding as soon as possible, this is the most efficient means to get financing versus applying for a longer-term loan.
First Circle’s financing services are made especially for business owners who receive purchase orders and issue invoices. These are small and medium enterprises who encounter increased demand in the form of large orders, the need to pay suppliers in cash, or extend credit to customers.
All these scenarios cause cash flow gaps that may limit the potential for growth of your business. First Circle is here to help business owners get access to quick funding when they find themselves in such situations.
We believe business finance should be fast and simple.