Working Capital
Fast, accessible capital to cover everyday business expenses. Short-term financing designed to keep your operations running smoothly.
Overview
Working capital loans are designed to finance the everyday operations of a company. They are not used to buy long-term assets or investments but are used to provide the working capital that covers a company's short-term operational needs.
These loans are typically faster to secure than traditional bank loans and require less documentation, making them ideal for immediate funding needs.
Key Features
Speed
Some providers can approve or fund in 24-48 hours; timing is not guaranteed.
Short Terms
Repayment terms commonly range from 3 to 36 months, depending on the provider.
Simple Application
Providers may request basic business information and recent bank statements, plus other documents.
Flexible Use
Use of proceeds depends on the provider agreement and business purpose.
Accessible
Some providers use more flexible credit standards than traditional lenders.
Predictable
Payment amounts and frequency depend on the provider agreement.
Common Use Cases
Payroll
Ensure your employees are paid on time during slow periods.
Inventory
Stock up on necessary goods without depleting cash reserves.
Taxes
Cover quarterly or annual tax obligations smoothly.
Emergency Repairs
Fix critical equipment immediately to prevent downtime.
Frequently Asked Questions
Loan Details
- Loan Amount$10,000 - $500,000 (provider dependent)
- Repayment Term3 - 36 months (provider dependent)
- Factor Rate1.10 - 1.45 shown; provider quote varies
- Time to FundOften 1 - 3 days after approval; varies
Common lender guidelines
These are common provider screening guidelines, not guaranteed minimums. Eligibility, credit standards, documentation, collateral, and final terms vary by provider.
- 1+ year in business is a common provider guideline
- 550+ personal credit is a common provider benchmark, not a universal requirement
- $75,000+ annual revenue is a common provider guideline; thresholds vary
- An active business bank account and recent deposits are commonly reviewed
How to Apply
- 1Submit 5-min form
- 2Review matches
- 3Provide documents
- 4Receive funds
Timing expectations
After a completed application, quotes are typically provided within 24–72 hours. After acceptance, funding may be same day or within 24 hours, subject to provider approval, required documents, and bank processing.
SBA loans may take up to 60 days. All timelines are estimates and vary by product, provider, application, and banking process.
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