Small businesses most often need short-term loans instead of long-term financing. Term loans with short maturities can help you meet an immediate need for financing without requiring you to make a long term commitment. Short-term business loans are to raise working capital to cover temporary deficiencies in funds so you can meet payrolls and other expenses. PLFS offering a very attractive Short Term Loan (STL) to you.
- A loan scheduled to be repaid in one year or less than one year.
- In order to qualify for a short-term loan, you will have to present comprehensive documentation to PLFS.
- Repayment through monthly or quarterly installments.