Tag Archives: Short Term Loan

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Importance of Credit Rating for Getting Loans

SME loans are the funding of small and medium sized enterprises. Since these small businesses augment the economic growth of the country, banks usually finance these companies or firms through various ways. There are ways in which banks lend money to these firms. The first is financial statement lending, in which banks give loans on the basis of the financial statements provided by the borrowing firm;

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How to Get Short Term Loan With Bad Credit Rating

Got a bad credit rep? Fear not! Payday loans got you covered. Payday loans are a perfect way of getting short term loan if you’re amidst a financial crisis. As the name suggests, payday loans are extremely short term loans that tide you through the remainder of the month if you suddenly get broke. You need to repay the loan on your next when you get your next pay cheque.