What Is A Working Capital Loan?
Working capital loan is a business funding program that is designed to boost the working capital available to a small business. It gives you the ability to cover daily expenses as well as the flexibility to invest in the growth of your small business. Often it is used for specific business development projects, which include investing in a new market or taking up a bigger contract.
Many small businesses use working capital loan for business expansion and cash flow purposes, however the use of working capital loan frees up cash for business investments which will be recovered in short-to-medium term.
Discover the potential of your business and strengthen it without giving up the control to an investor. Repayments can be smooth and specially, a working capital loan is the easiest method to fill the gap of cash flow of your small business.
Do You Qualify?
We provide the required working capital for small businesses to help them maintain and keep their business growing. Whether it is for stock, payroll, business expansion or supplies, we can get you the working capital you need in a couple of days.
- 4 months of credit card processing statements
- 6 months of business bank statements
- Time in enterprise at least three months
- Minimum monthly sales of $8,000
- Must have a business checking account
Is a working capital loan right for my business?
A working capital loan is one of the easiest ways to harness the potential of your business. These loans act as unsecured debt, so they don’t require you to provide traditional collateral. This can be a great solution for businesses that are small, just starting out or are simply in a period of low cash flow.Online lenders like Kabbage can be a great way to avoid the comprehensive documentation and application processing time of traditional loan providers. We offer ongoing access to working capital that can help you cover routine businesses expenses. Through the simple, online approval process, we look at your business data in real time to determine funding.