Short Term Funding

Short Term Funding Quick Facts

Short Term Funding FAQ

Short Term Funding provides business owners fixed payments over a period of time.  They have low rates and a fixed rate as well, and can be used for a multitude of business purposes.

Who is short term funding good for?

Any business that has been in operation for more than two years with good credit can take advantage of Avanza’s Short Term Funding program.  Many business owners find that they qualify for short term funding when they can show that they have past experience in the related field.  Rates and amounts will depend on your business revenues and history.  Lower credit scores are welcome to apply since credit score is not the only determining factor for approval.

How much does Short Term Funding cost?

Short Term Funding ranges start as low as 6%, depending on your current business situation.  Fixed rates and payments means you’ll have a concrete expectation of  when the funding will be paid off.

What do I need to qualify?

Generally, we require that you have been in business for at least 2 years.  It’s also in the business owner’s interest to have a good credit score,  Profit/Loss statements, and 4 months of recent business bank statements.