Joseph Green founded Cashio, a financing firm focused on the needs of small businesses, in 2006. Under Joseph Green’s leadership, Cashio has injected essential capital into thousands of businesses by distributing hundreds of millions of dollars through short-term financing.
Short-term financing can help companies pay for important expenses needed to grow or scale their businesses. Reduced loan terms mean lower overall interest paid. Short-term financing can also have less rigid eligibility criteria than long-term loans. Small businesses should consider short-term financing to cover expenses with the potential for a high rate of return.
For example, businesses with predictable slow periods can capitalize on short-term financing to take advantage of reduced supply costs, which may go up when demand for the industry picks up. Short-term financing can also pay for a temporary increase in expenses due to hiring contract workers or buying additional inventory to cover an extraordinarily large order. Since these expenses should translate into higher revenue, the loan can be repaid without impacting the company’s bottom line.
Short-term financing can help companies pay for important expenses needed to grow or scale their businesses. Reduced loan terms mean lower overall interest paid. Short-term financing can also have less rigid eligibility criteria than long-term loans. Small businesses should consider short-term financing to cover expenses with the potential for a high rate of return.
For example, businesses with predictable slow periods can capitalize on short-term financing to take advantage of reduced supply costs, which may go up when demand for the industry picks up. Short-term financing can also pay for a temporary increase in expenses due to hiring contract workers or buying additional inventory to cover an extraordinarily large order. Since these expenses should translate into higher revenue, the loan can be repaid without impacting the company’s bottom line.
