Alternative Loans for logistics Industry
Alternative Loans for logistics Industry There are quite a number of similarities associated with Alternative loans and convectional loans both rates are calculated based on APR and not on factoring rates. Other than that the similarities end, because alternative loans are much faster than bank loans, and require much less documentation, cash-flow and credit history. Loans can be approved within minutes and funding can take place in less than a week. Cash Advances for Logistics Industry Cash advance is bane for funding the logistics industry. While much more expensive than bank loans and alternative lender, the process takes only a day or two with minimal documentation needed. Alternative Source of Financing for the Logistics Industry The rise of technology gave room for manufacturing of some traditional vehicles. This is mostly the reasons why logistics industry have become the mainstay in economic development globally. The alternative source of financing the logistics industry