Quick short-term loans fall into the category of debt financing that funds quickly. The delivery average depends on the source you’ve selected. Usually, the average is between 2-5 days. These loans come in the form of cash that is repaid, plus interest, within a year. Most of the quick short-term loans have higher interest rates with smaller amounts, but they are much easier to qualify for and fund.
Here’s the list of the most affordable, quickest-to-fund short-term loan options available.
Bitx Funding believes business owners drive the economy and are passionate about helping the potential company reach its peak point. The quick short-term loan range starts from $5,000 to $25,000 and max from $500,000 to $5,000,000 with 8% lowest annual interest rate.
They offer a quick loan delivery, which is under 24 hours. You’ll get the money when you qualify!
How to Apply?
Apply on their site or call them directly at 800.824.2407.
Their short-term business loan specialist will match you up to the appropriate loan.
Sign your contract and receive money in 24 hours.
Visit the site for more information & apply.
BitX Funding Loan Amount
BitX Funding offers a solid Trust-pilot rating with fast approval for short-term loans. The loan ranges from $5,000 up to $250,000. The average time to funding is two business days, with the length of the term of 3 to 24 months.
To get or qualify for the loan, you must have been in business for a 1-year minimum with monthly revenue of at least $10,000. Besides, you also need a personal credit score of 550. If you repay the loan early, you may get 6% off, depending on the lender.
BitX Funding FICO Score.
BitX Funding FICO scores start at 550, and the higher your score, the better the terms as the risk is less for the lender. It can take three business days for funding or as fast as the same day. They offer a median loan amount of $30,000 with a long term of 6 to 15 months. Lenders may require a personal guarantee, so make sure you understand the long-term implications of that document before signing the contract.
BitX Funding Customer Service.
The organization is well-reputed for its loyal customer service and higher approval rates. They offer three tiers of short-term loans. The money will be sent to you within two business days or the same day if you qualify. You can borrow loans from $5,000 to $250,000.
A business with two years of operational history with annual revenue of $100,000 is eligible to get a short-term loan from BitX Funding.
Many sources provide quick short-term loans; BitX Funding is a marketplace for small business loans, and they will listen to your needs and place you with the best funding option if it’s a short-term business loan, mid-term business loan, or a line of credit BitX has the loan for you.