Quick Loan For Small Business, unsecured Online Small Business Capital Loans are offered by Fintech P2P Lending to small entrepreneurs who face capital difficulties and cannot apply for loans to banks. This is a list of capital loans, especially online venture capital loans, which can be used by micro and MSME entrepreneurs. See also Islamic business capital loans without collateral.
Recently, I met a high school friend who is now an event organizer entrepreneur. Knowing that I work in finance, he asked me how to get a short-term business loan quickly. As a businessman, his challenge is to manage cash-flow because after the event is finished, payments from clients are not immediately accepted. Payments are only made after a few months, while he must pay in cash all obligations when the event is finished.
There is a mis-match. Between the receipt of the client’s payment and payment to the supplier he must do. During this time, he relied on credit card debt. Indeed, using a credit card is very easy, but the interest is very high. Even though EO’s business margins are high, but the stifling credit card interest rate, my friend’s net profit is quite deep. His margin (after deducting credit card interest) is not proportional to the substantial risk of EO business.