Lendinero's blog on Growing Your Business
What is interim financing? This type of financing is obtaining a loan for short-term purposes while you wait for accounts receivables, project stronger sales, or while you are waiting for long-term or permanent business financing. Interim financing can be very helpful for your business because it gives you the cash you need to cover a need or do something to help grow your business. Interim financing is used by many companies while they wait for permanent business financing.
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