Short-Term Business Loan: Fast Funding for Immediate Needs
<p>A <a href="https://businessfinancehouse.co.uk/short-term-business-loan">short term business loan</a> provides immediate funding and is normally repaid within 3 to 18 months. Its most useful purpose is to cover sudden costs like as inventory purchases, cash flow gaps, or unusual expenses. With a faster approval time and customisable terms, this sort of loan enables businesses to be more agile and quick to respond. The only disadvantage is that the interest rates are higher than those on long-term loans, but the convenience and speed make it an attractive alternative for small enterprises that require funds urgently.</p>