ARF places short term, working capital loans for small to medium-sized merchants. What does that mean to you? Well…banks traditionally give you a laundry list of things you need to get Business Loans. New businesses are pretty much left in the dark and have no options other than maybe a short-term loan with incredibly high interest.
ARF loans do give you a bit of a better option. These loans range between 26 and 52 weeks with very competitive rates. The application process is pretty simple. Typically they review and approve an application in as little as 2 business days and you can receive your loan in as few as 3 business days after that. 5 day turnaround from application to cash is unheard of when dealing with a bank.
1 comment:
Thanks for the info!
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