
Fast Funding: The Pros and Cons of Online Working Capital Loans
Online working capital loans offer speed and convenience, with funding often available within 1–3 days and minimal paperwork required. However, they typically come with higher interest rates and shorter repayment terms—like daily or weekly payments—which can strain cash flow. They’re ideal for businesses needing fast access to cash and willing to pay a premium for it, but traditional loans may be better for those seeking lower costs and longer repayment flexibility.
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