CMS Funding Blog

Gone are the days of small businesses only having the option to work with brick and mortar financial institutions with tight lending habits and slow turn around times. Rather than having to put up company or personal assets as collateral on a working capital loan, many online lenders like us offer loan terms that actually work for the borrower.

Reaching the fifth year of business is a huge milestone for any company. Once you hit that mark, you’re much more likely to have lasting success for years to come. So, how can you maximize your chances of reaching five years? Perhaps the most important factor is how well you manage your working capital.

The biggest difference between short-term and long-term working capital loans is the repayment term. The best loan for your small business depends on your income stream, what you intend to use it for, and when you expect you would be able to pay back the loan in full.

Looking for a flexible way to inject some working capital into your company? Consider an unsecured small business loan. Here are four key benefits you can take advantage of with this type of business financing.

Let’s say you've been an established company for a few years now; business is steady overall but sales are on a decline since it’s the off season.

You panic because you need capital to pay your employees and replace that old piece of equipment you have in the warehouse. You’re struggling to find the funds internally. A business loan is definitely needed right now, but how do you choose between a short-term loan and a long-term loan?

When choosing to finance your business using credit, you need to find the right type of loan that will help your business grow. Ease of access along with the terms and conditions of the loan are crucial factors to be considered before securing a loan.