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Expenses are a reality of running any small business and sometimes, in order to take advantage of an opportunity for new business, growth or expansion, there are costs that need to be managed upfront, before you see a return on your investment. This is where a well-structured, fast small business loan can add some flexibility to your business.
If you’ve got a plan in place and are expecting revenue to increase, a loan can be a good way to temporarily afford your bills and payments. If you are unable to make your payments on time not only can it hurt your credit score, but you can also incur a large amount of interest in the process.
If you are struggling to make bill payments or supplier payments Lendified can help you manage your bills and have them paid off as soon as possible.
Bill and supplier payments are something every business has to deal with so don’t feel alone. Using a small business loan to bridge the gap can help for many reasons:
If you are an established business with good sales, but limited working capital, it can be tough to get financing from a traditional lender. However, an online lender such as Lendified can provide you with the funding you need. Lendified offers short term business loans through a simple and easy online process. You can get pre-qualified in minutes and funding in as fast as 24-48hrs after approval!
in fast and affordable funding
provided instantly for free
with simple bi-weekly payments
Apply in minutes using our secure online application and get pre-qualified instantly
Avoid overpaying and save up to 40% compared to a merchant advance & other online lenders
Get a real business loan that helps you build credit and qualify for even better rates on capital
Work with a trusted Canadian company founded by former bank executives dedicated to helping small businesses