Small Business Short Term Loans

What is Apple Capital Small Business Short Term Loans Program?

Apple Capital Group has a short term business loan products that ranges from 3 months to a maxium of 18 months short term loans. These short term business loans are designed for business with has daily cash flow meaning you they have daily income (daily deposits) in their business checking account See below for qualifications. Approval process within a few hours and docs the same day with funding 2 day after docs been received. Small Business Short Term Loans

For more information, please call us at 866-611-7457 FREE.

How this Short Term Small Business Loans Differs

The key to the short term loans is accessibility, with affordable rates, and quick turnaround. We at Apple Capital Group offers this quick short term option for small businesses for small businesses can grow. When you compare the benefits of an Apple Capital Group loan to other financing options such as merchant cash advances, it’s clear On Deck is the superior choice. Small Business Short Term Loans

Benefits of Apple Capital Group Small Business Loans

Typically up to 50% less expensive than a merchant cash advance
Decisions in as fast as 1 business day, funding in as fast as 2 business days
Daily, fixed payment means no worrying about large end of month payments

On Apple Capital Group Small Business Loans vs Merchant Cash Advances

We at Apple Capital Group	Cash Advance Program for Merchants Not considered a loan.
A true business finance loan with a fixed interest rate and termFor a $20,000 business loan, On Deck may charge you $21,800 – $24,000 over 6 months for a daily payment ranging from $169 – $186 (typically 50% less expensive than a cash advance)	For a $20,000 loan, cash advances will charge you $27,600 at a rate of 38 cents on the dollar (or even higher) over 6 months* for a daily payment of approximately $214
No need to change credit card processor	Must change credit card processor
On Deck provides a fixed term loan collected through set daily payments using flexible payment methods.	Cash advances intercept your credit card receivables at the merchant processor and take a fixed percentage of your daily credit card volume until the advance is paid off.
On Deck reports your payment history to the credit agencies	There are no credit benefits to using a cash advance

* Source: Business Week – How Merchant Cash Advances Work – January 9, 2009

Standard Loan		Bank Only
accepts credit cards		no credit cards
$5,000 – $150,000		$5,000 – $75,000
6- 18 Month Terms		6 & 9 Month Terms

Minimum Criteria		Our “Sweet Spot”
Time in Business	1 year +	Time in Business 3 years+		1 year +
Annual Revenue	$250,000 +	Annual Revenue $500,000		$250,000 +
Avg Bank Balance	$3,000 +	Avg Bank Balance $5,000 +		$3,000 +
# of Negative Days	6 in 3	% Ownership 80%		6 in 3
Credit Score	500	Credit 600	500

Top Industries
Restaurants	Doctors	Drinkling Establishments		Spas
Automotive Repair	Landscapting Services	Plumbing	General Retail
Dentist		Supermarkets

Documentation Needed
1 Page Complete Application
3 Months of Credit Card Statements/ 3 Months Bank Statements (include all pages)
If Bank Only, 6 months of Bank Statements

About Our Short-Term Loan Products
Loans Size	$5,000 – $150,000
Terms	3- 18 months
Payments	Daily payments from account via ACH (Automated Clearing House)
Security	Personal Guarantee
Timing	Decisions in as fast as 1 business day, funding in as fast as 2 business days

RESTRICTED INDUSTRIES LIST
Short Term Small Business Products
Loan Terms 3 to 18 Months

Financial Services	SIC	NAICS	Services	SIC	NAICS	MISC (cont)	SIC	NAICS
Mortgage Lenders	6163	52231	Ticket Brokers	6512	561599	State and Government Agencies	8631	921140
Credit Card Protection	7299	812990	Personal Trainers		812990	Airlines	4512	481111
Credit Restoration / Repair	7299	541990	Payroll Companies	8721	541211	Not-for-Profit Grant Writers	6732	813211
Check Cashing	6099	522390	Vices	SIC	NAICS	Virtual Auction Houses	5961	454112
Collection Agencies	7322	561440	Adult Entertainment / Materials	5999	453998	Fraternity / Sorority	7021	721310
Wire Transfers	6099	522320	Lotteries / Raffles / Gaming / Gambling	7999	71329	Freight Brokers	4731	488510
Factoring Organizations	6153	522298	Drug Paraphernalia	5993	453991	Marinas	4493	713930
Non-Bank Cash Advances	6099	522390	Gambling Establishments	7999	713210	Vitamin Retailers	5499	446191
Mortgage Reduction Services	6162	522292	Horoscope / Fortune Telling	7299	812990	Home Building and Construction	1521	236115
Investment Opportunities	6282	523930	Bail Bonds	7299	812990	Attorney	8111	54111
Time Share Investments	7389	561599	Firearms Sales	5091	423910	Cemetery & Funeral Homes	7261	81221/2
Real Estate Brokers	6531	531210	Escort Services	7299	812990	Child Day Care Services	8351	62441
Real Estate Management Companies	6531	531311	Advice on Sporting Events	7999	713290	Fitness & Recreational Facilities	7991	713940
Currency Exchanges	6099	523130	Dealerships	SIC	NAICS	Golf Courses & Country Clubs	7992 / 7	71391
Accountants	8721	541211	ATV Sales	5571	441221	Printing	2771	3231
Tax Preparation Services	7291	541213	Auto / Dealerships – New and Used	5511	441110	Schools	8299	611
Insurance Related	6311	524113	Motorcycle / Scooter Dealerships	5561	441221	Sellers	SIC	NAICS
Financial Transactions Processing	6153	52232	Motor Home / Camper Dealers	5551	441210	Mobile Phone Dealers	5731	443112
			Boat Dealers – Sellers	5551	441222	Pawn Shops	5932	522298
			MISC	SIC	NAICS	Discount Travel Clubs / Subscriptions	8699	561599
			Sports & Recreation Instruction	7999	61162	Mail Order Coin Sales	5961	454113
			Travel Agencies		561510	Precious Metal Sales (Internet)	5961	454110
			Transportation (not trucking)			Flea Markets	5932	453310
			Computer Training / Sales / Consulting / Design	5415/ 4431		Magazine Subscriptions	2721	511120

Click here for a Short Term Small Business Requirements and Restricted Industry List for Short Term Loan. Small Business Short Term Loans