Everything You Need To Know About Working Capital Loans.
Fueling your day-to-day business needs.
Every business needs working capital to grow and become successful. Working Capital Loans are the most popular way to fund a business. They provide a flexible financing option to handle growth opportunities, manage fluctuating cash flow, or handle unexpected expenses.
Best Uses For Working Capital Loans.
Working Capital Loans are best used to handle short-term expenses. Because of the shorter repayment terms associated with Working Capital Loans, this option is ideal for any temporary situations your business encounters.
Day-to-Day Expenses
For the everyday things that keep your business's lights on ⎻ even the lights themselves.
Covering Payroll Costs
When payday conveniently falls on the same day that opportunity of a lifetime presents itself.
Unexpected Expenses
It happens to the best of us. For those things, both good and bad, that you just never see coming.
Managing Cash Flow
Managing the ebbs and flows and the ups and downs is a reality every business owner knows.
Marketing or Advertising
Because you have an invaluable service to provide and the whole world should know about it.
Restocking Inventory
Every business needs a product or service to sell. For when yours starts to get a little too low..
Project or Job Supplies
While you're still waiting to get paid for the last job, but need the capital start on the next one.
Any Short-Term Need
Any situation you can think of that you wouldn't want to still be paying for in 1+ years from now.
Unsure if it's a fit? Check out the Product Use Case Evaluation for more guidance,
or schedule a complementary Funding Consultation to go over your specific needs.
Unique Features Of Working Capital Loans.
Flexible Repayment
With a repayment term that based entirely on your business' revenue, even the most seasonal businesses will find this to be the most affordable of funding options.
Minimal Documents
You won't be weighed down with paperwork with this option. Documents are very minimal, needing only an application and your most recent months bank statements.
Easy To Qualify
Undoubtedly, the easiest type of funding for any business to secure. The requirements are low, allowing small businesses with less than perfect credit or shaky financials to qualify.
Fastest To Fund
Need to move quickly? That's what this option is best known for: the speed. With the entire funding process taking mere hours - you can't get any faster than this.
Get the Required Document Checklist.
Qualifying For A Working Capital Loan.
These requirements are a general rule of thumb, but by no means, are they set in stone. Certain exceptions can be made, depending on the circumstances. If you're unsure if you qualify, contact us for personalized assessment.
Minimum Revenue
Minimum of $10,000 average monthly revenue
Minimum Time in Business
Minimum time in business of at least 12+ months
Minimum Credit Score
Minimum personal credit score of 550 or higher
Past Payment History
No active judgments or open defaults on funding
Ready To Get Started?
Applying for a Working Capital Loan is easy. Just complete your 1-page application and we'll take of the heavy lifting. Then in just a few hours, you'll be getting a phone call to review your approval terms. And by the end of today, you can have the funds cleared in your bank account, ready for use.
Introducing.. the funding that works just as hard as you.
Or continue exploring your funding options.