Shortterm Funding
Shortterm Funding refers to financial resources that are borrowed or acquired for a brief period of time, typically ranging from a few days to a few months. This type of funding is often used by individuals or businesses to cover immediate expenses or to bridge temporary gaps in cash flow. Shortterm funding options may include lines of credit, payday loans, invoice financing, or trade credit. These sources of funding are typically easier to obtain than long-term financing but may come with higher interest rates or fees.