The Best Business Term Loans for the Little GuysIf you are one of the “little guys” on your block in the business world, trying to find a short-term loan to underwrite

your business for any number of positive reasons is difficult at best.

Huffington Post published an article in October 2014, about where many of these small businesses are going to

acquire the money that will help them grow or carry them over a period of slowing sales. The paper detailed some

of the pros and cons as well as the various methods that business term loans offer to companies that are approved.

The answer across the board from Mom-and-Pop sized businesses to Small Businesses such as Taco Bell – don’t say

it – turns out to be the same. Most of these enterprises are finding the funding that they need from merchant cash

advance lenders.

Wesley Yuhn & ACHDP.com have been providing services for small businesses for more than ten years and know

that assisting businesses when they need it most is essential to repeat business and referrals.

One option that the majority of business owners really like is the fluctuating payments based on their revenue for the

month. Another option that is favoured is the ability to sell future credit card receipts as payment rather than

coughing up a lump sum amount which is where the fluctuation in payment becomes evident.

This future credit receipt option does not require that all of the income from your customers who use cards goes to

pay off the loan, however. Arrangements made before the loan is accepted with a set percentage of credit receipts

that will go to the loan amount until it is paid in full.

But, let’s not sugar coat the most outstanding element that no business likes – the high interest rates that these

companies charge for using their money. The loans are typically made for periods ranging from 6-months to 18-

months and as a result, the interest rates are higher than you would find in a traditional lending institute. However,

the difference is that these loans are available to most businesses while traditional lenders are not even considering

short term paper.

In the end, the choice is being funded for a short period and paying out the nose if necessary or not being funded at

all and watching your competition steal your customers because you are not in a position to take care of their needs.

Not an easy choice, but a choice.