As a business expands, keeping the cash flow healthy can be challenging. Short and long term financing options, which can provide financial relief for various business needs, may be one way to help mitigate concerns.
Short term financing options can help to pay suppliers, increase inventory and cover expenses when you may not have sufficient cash on hand.
Short term financing is used essentially to provide capital deficit business funds for a short term period of a year or less. These funds are usually for businesses to run their day-to-day operations including payment of wages to employees, inventory ordering, and supplies.