This was the position that a long-term writer found himself in last year. He had worked with several large corporations who wanted him to produce more content than he could do alone, but he didn’t want to turn down the contracts so he hired other writers to work for him. He figured that they could create drafts which he would finalize and edit.


Knowing that he had to pay the writers as soon as their work was done but before his clients paid him, he needed capital available to pay the writers. Having a solid background in writing and working for years to build his company, he had the bank statements available to verify his cash flow. He quickly obtained an unsecured short-term loan of $75,000 with a repayment term of 18 months.

Though his initial intent had been to use the money for payroll and independent contractor expenses, he quickly realized that he also needed a new website, payment system, and a bookkeeper to keep track of his increasingly complex finances. Once he received the funds for the unsecured short term loan, the business owner was able to pay these other expenses too.

The loan helped the business owner realize that he enjoyed managing a company and sales even more than he enjoyed writing. He was able to leverage this knowledge and build a larger network of content writers. The business found a niche in working with large corporate tech companies by employing writers who had technical backgrounds and could explain complex concepts accurately. The short term unsecured loan helped the owner build a much larger company with a greater reach than he had ever imagined.

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