Working Capital Loan
Working Capital is the capital of a business that is primarily used in its day-to-day operations to ensure a business runs smoothly. As typical with most businesses, unforeseen circumstances arise where additional capital is needed. In several instances, the bank cannot fill that void because of their strict guidelines and the business owner is in a time crunch and needs capital immediately. A working capital loan can fill short-term financing needs of most business owners.
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Funding Amount
Up to $1m
Repayment
Daily or Weekly ACH
Cost
Starting at 4.5%
Time Frame
Typically 1-2 business days