Business loans "Prospa" - be careful
I see Prospa is posting a sponsored message. Be aware that interests have been reported as high as 30.2%.
Any loan without assets are going to charged a lot. While this could tide you over for a few months, I strongly recommend keeping the payback period as short as possible, preferably one month term.
From Prospa: "We use a risk-based pricing model to determine the cost for each individual customer using data such as industry, years in business and cash flow. We do also have to consider the current environment to responsibly assess risk, to ensure we lend appropriately."
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