Credit & Loan

The Perils of Short-Term Business Loans

It’s almost inevitable that life will have the occasional financial pinch. Having to meet financial deadlines is not just reserved to everyday life bills. Many times business owners, especially small business owners, are faced with the pressure of meeting deadlines for vendor invoices, inventory and payroll. When faced with tight financial situations, some business owners consider short term loans as a way to keep the ship afloat. That being said, these loans come with their own unique risk profile that