A working capital loan is a short-term business loan designed to cover day-to-day operating expenses such as payroll, rent, inventory, and utilities. Designed for when a company faces a temporary gap between paying its bills and receiving customer revenue. Seasonal fluctuations. A growth opportunity presented itself and you would like to capitalize on that opportunity. Great for E commerce businesses that need to stock up before the holidays.
How a working capital works.
- Bridge Cash Flow Gaps: It provides immediate liquidity so a business can keep running smoothly during slow seasons, billing delays, or while waiting on unpaid invoices.
- Short-Term Structure: Loans are typically repaid over 6 to 24 months through regular weekly or monthly payments.
- Not for Long-Term Growth: Unlike equipment or real estate loans, these funds are strictly meant for short-term operational survival and agility, not buying permanent assets.
How to qualify for a working capital loan?
The business needs to meet specific criteria.
Minimum qualifications:
- 4+ months in business
- $10,000+ In Monthly Gross Sales
- No Minimum FICO Score
Overview:
- Can fund in same day
- Lend up to 5 million Max
- Terms up to 10 years
- Use of funds limitations….None
- Collateral…. None
What We Need From You.
A signed application
Last Four Months of Your Business Bank Statements