SHORT TERM

SHORT TERM

Short term loans allow for very fast funding so you get a lump sum of cash with a predetermined payment term. Payment is usually made daily, weekly or bi-weekly. The short term loan is best for business with high and consistent sales that are in need of quick unsecured cash to use however you need.
Pros: Cons:
  • Fast Capital in as little as24hr
  • Unsecured
  • Easy approval process
  • Little documentation needed
  • Cost of borrowing can be more

Best for:

  • Businesses that have high and consistent sales and bank deposits
  • Businesses that need financing right away

Get funded as soon as 24-48 hours

Avg Daily Balance

$500+

Monthly Gross Sales

$7500+

Monthly Deposits

5-10

Max Approval Amount

$2m

Max Current Positions

4

Time In Business

3 months

Max Term

4.5- 14 months

Max Neg Days

7

NO:

Bankruptcies/

Foreclosures

Outstanding

collections

Open Liens

Felonies

Delinquencies or

Defaults on

Government Loans

 

 Payments come out of Credit Card sales or via ACH payments automatically.

1. Completed and signed KGP Pre-qualification form.
https://form.jotform.com/202784131198053
2. 4 Months of business bank statements or credit card processing statements.
Send bank statements back to apply@kgpfunding.com cc:
keegan@kgpfunding.com

*Same day Pre-qualification/approval and Funding if done before 5pm EST!!
Got questions call 833-777-3863 EXT:2

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