About Short Term Loan
Short-term business loans are an important part of the financing mix and are used as a cash injection to help with working capital, cover inventory expenses, or pay for an unexpected bill. In other scenarios, short-term loans can assist in business growth, such as covering supplies for a new customer order.
Many entrepreneurs use short term loans for times when they need quick solutions to pressing circumstances. So whether you need to pay for unexpected expenses, hire new staff, endure a sales slump, replace a broken piece of equipment, or take action on an exciting business opportunity, a short term loan can be a solid option.
Apply Now
Features and Benefits of Loan
The qualification requirements aren’t too stringent for these types of business loans. As long as you’ve got healthy or fair credit and have been in business for at least a year, you’ll be in good shape.
Faster Loan
Loan is approved and disbursed within 1-3 business days
Manage cash flow
Short-term business loans can give your company financial stability in the face of unexpected costs and late payments.
Enjoy the best rates
Our loan rates and charges are very attractive,As low as 2-4%
Bridge receivables
Keeping your finances healthy can get tough. This is especially true when you’re handling seasonal shifts or waiting on outstanding invoices. Relieve the pressure with short-term funding.
Eligibility Criteria for Loan
Any self-employed or professional Public and Privat companies, Government sector employees, Private sector employees is eligible for an short-term business loan.
Age
Maximum age of applicant : 65 years
Income
Minimum Net Monthly Income: $ 20,000
Credit Rating
Applicant should have the specified credit score of 350 or higher
Check Eligibility
Apply For Loan
Documentation
The following documents are required along with your Short-term Loan application:
-
Personal Identity proof (copy of passport/driving license)
-
Home Address proof (Utility Bills)
-
Proof of flow of funds(Business Bank statement of previous 3 months)
-
Business proof( certificate of incorporation/license)
- Business Plan
- Business transaction files
Fees and charges
Applying is free and it won't impact your credit.
Below are fees and charges that you may be required to pay:
-
Types of fees
Charges applicable
-
Interest rate
Up to 2% -4%
-
-
Loan statement charges
NA
-
Interest & principle statement charges
NA
-
EMI bounce charges
$100 for every bounce
-
Security Interest Fee
Contact our loan specialist:
Call us at
662-254-4495
support@aclloans.com
Contact us
*Service Tax and other Government taxes, levies etc. applicable as per prevailing rate will be charged over and above the Fees and Charges
Apply For Loan
Frequently Asked Questions
We are almost ready with your Frequently Asked Questions. Already we answered all question please check below.
American Cash loan llc(ACL) is the provider of business and personal financing in the USA, UK, CANADA, mainland Europe and Australia. We use a simple online application to determine the financial health of your business and let you know how much finance you can access. This allows us to approve unsecured loans to qualifying firms. ACL lends from its own balance-sheet.
ACL uses unique credit technology to form a deep understanding of the financial condition of a business and lends from its own balance-sheet. This approach enables us to make quick, sound decisions.
We provide our customers and partners with a quality service because:
-
We listen to our customers' stories and understand their challenges.
-
We are real people who take the time to build relationships.
-
We have a wealth of financial knowledge and experience within our team.
The application process for short term business loans is generally entirely online and paperless. ACL will require financial documentation such as bank statements, annual reports, A team of analysts will assess the application and return with a decision generally within a couple of days, sometimes even one working day. In many cases, the finance is immediately accessible after approval. The borrower will repay the short-term loan either in a linear or annuity repayment schedule.
To apply for a short-term loan, you must generally be based in the USA ,CANADA or AUSTRALIA and run an established and profitable business. At ACL we require a business to be operational for at least two years and with a minimum turnover of $300k..
Businesses use short term loans for a plethora of different reasons, ranging from buying inventory to financing renovations. Popular reasons to borrow are managing cash flow and bridging receivables. Short-term loans are ideal for businesses who want to keep their continuity or reach up to their next step.
No, you are not charged any extra fees when you repay early. We don’t penalise you for early settlement.
ACL abides by the Data Protection Act 2018 (‘Data Protection Act’) and all other relevant USA and European data protection and privacy laws.
All data electronically transferred between you and ACL is encrypted, using one of the strongest forms of encryption available commercially. We are committed to keeping your data safe.
Download loan forms now
Fulfil your dreams to lead the life you want, the way you want with our business short term loan! Download loan forms now!
Download Loan Brochure
Get A Quote
Get quote easily just fill the below form and our one agent will contact you in 24 hours.
