Whether you call them payday loans, cash advances or something else, it is not a given that short-term loans are always a bad thing. Payday loans are a tool no different from any other financial tool. They can be used responsibly and for very legitimate reasons. The key is understanding how they work so that you do not accrue an unmanageable amount of debt after borrowing.

Contractors and real estate developers always have multiple growth opportunities that require working capital. This guide will show you how to secure a construction business loan for contractors and get approved with little to no collateral needed.