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Exploring Different Online Funding Options

The online lending landscape offers a variety of funding options tailored to different business needs:

- **Term Loans**: These are loans with a fixed repayment schedule and interest rate, suitable for significant, one-time expenses.

- **Lines of Credit**: Similar to a credit card, this option allows businesses to draw funds as needed, up to a pre-approved limit, providing flexibility in managing cash flow.

- **Invoice Financing**: This option allows businesses to borrow against outstanding invoices, providing immediate cash flow without waiting for customer payments.

- **Merchant Cash Advances**: Ideal for businesses with consistent sales, this option provides a lump sum payment in exchange for a percentage of future sales.