Wednesday, June 24, 2015

What is short term loan or short term business loans working capital?

Hey there, 

If you are like I was a few years ago (handsome and young...), you probably try to figure out a few things about short term loans:
  1. What does short term loan really mean?!
  2. Can a short term loan be useful?
  3. What can I use it for?

What is a short term business loans working capital?
The sweet, short and simple answer is any type of loan that needs to be paid back in less than a year. 

Can Karish Kapital provide something similar to it for your business?
At Karish Kapital we have been working with our merchants to help them grow their businesses. Cash advance for businesses can be a very useful tool for merchants or vendors that have high volume. For example, veterinarian and medical practices, restaurants, car shops, or basically, any business that generates cash flow on a daily basis.

Short term loan comes in different flavors, not only plain vanilla loan
In today's business world you can find short term loans in all kind of flavors, or names. The one we focus on at Karish Kapital LLC is cash advance. Cash advance is not a loan, but a modification of factoring. You can imagine a blanket factoring on your business future receivables. You might ask yourself, "what is factoring!?", so factoring is a method where you sell today, your future expected income. If I'm getting too technical, let me try to give a simple example. Let's say you provided veterinarian services for a kennel in your area and you bill them once a month. In return they pay you net-30, or after 30 days you get paid. The only problem is you need to pay salaries at the end of the week or you just got a flyer for a special deal to buy a topical flea and tick defense in large quantity for a ridiculous price. So basically, you cannot wait another month to get your money, you need now!!!!
No Worries..... Karish Kapital will come to the rescue with a quick cash advance. You submit 4-5 documents and can be funded the following day with large lump sum to be paid in very small tiny bits payments that our underwriters make sure your business can handle.

Very simple and easy
So is this the right tool for you? Very much possible. We all get stuck once in a while with salaries that need to be paid, or taxes that are overdue, or have a great deal falling on our lap that can increase our profit and sold quickly and many other situations, where a quick cash injection can be useful and helpful.

No comments:

Post a Comment