What is a Working Capital Loan?
A working capital loan is a loan that helps finance the everyday operations of a company. A working capital loan can help cover things like accounts payable, employee wages, etc. Companies that have high sesonality or cyclical sales cycles usually depend on working capital to help with periods of reduced business activity.
Benefits of a Working Capital Loan
- Unsecured loan
- Short-term / Long term
- Easy application
- Fast approval
Once the loan has funded, you can use the money as you see fit for your business. Use it to renovate, purchase new equipment, increase your inventory, or expand your operations. Get started now by submitting a simple working capital loan application!