{"id":3658,"date":"2016-09-28T11:47:00","date_gmt":"2016-09-28T15:47:00","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=3658"},"modified":"2023-04-21T12:30:18","modified_gmt":"2023-04-21T16:30:18","slug":"business-loan-terms-2","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/business-loan-terms-2\/","title":{"rendered":"BUSINESS LOAN TERMS"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.nationaltransaction.com\/loan\/loans_funding_lending.html\">Business Lines of Credit <\/a>&#8211;<\/strong> is for businesses with an inconsistent cash flow. Either businesses that needs to borrow a small amount of capital, and businesses that use invoices.<\/p>\n<p><em><strong>Different types of lines of credit:<\/strong><\/em><\/p>\n<p><strong>Cash Account, the most basic line of credit &#8211;<\/strong> which you can access when you\u2019re in need of capital; whether you&#8217;re making a large purchase or covering a temporary gap in cash flow. You only have to pay the interest on the amount that you borrow; with this form of financing, the money is always available when it\u2019s needed.<\/p>\n<p><strong>Inventory Line of Credit &#8211;<\/strong> specifically intended for purchasing inventory.<\/p>\n<p><strong><em>This kind of loans give the merchant, two advantages:&nbsp;<\/em><\/strong><\/p>\n<ul>\n<li>&nbsp;First of all, you can purchase inventory wholesale.<\/li>\n<li>Second, purchasing inventory won\u2019t take a large amount out of your cash flow because you\u2019ll be paying in increments instead of one lump sum.<\/li>\n<\/ul>\n<p><strong>Invoice Financing &#8211;<\/strong> basically, this is a line of credit where invoices are the collateral.<\/p>\n<p><strong>Personal Loans Used for Business:<\/strong> Startups and young businesses, merchants who have excellent personal credit. Furthermore, personal loans are term loans that can be used for a number of purposes.<\/p>\n<p>If your business is new to qualify for a business loan, consider using a personal loan.<\/p>\n<p><strong>Short Term Financing:<\/strong> Is for young businesses experiencing rapid growth.<br \/>\nShort term financing covers merchant cash advances and short term loans.<\/p>\n<p><strong>Term Loans:<\/strong>&nbsp;Is for Businesses that need cash to fund one-time expenses like equipment purchase\/real estate or expanding a business. Term loans are basic, everyday loans. The merchant receives the capital in one lump sum and repayments are almost always monthly.<\/p>\n<p><em><strong>For more information about Loans\/Financing call us at 888-996-2273<\/strong><\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Lines of Credit &#8211; is for businesses with an inconsistent cash flow. Either businesses that needs to borrow a<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/business-loan-terms-2\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":3431,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,418,1236],"tags":[2954,224,402,422,84],"class_list":["post-3658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","category-merchant-cash-advance","category-small-business-improvement","tag-cash-advances","tag-credit","tag-financing","tag-loans","tag-merchant"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=3658"}],"version-history":[{"count":3,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3658\/revisions"}],"predecessor-version":[{"id":4986,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3658\/revisions\/4986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/3431"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=3658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=3658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=3658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}