A business with zero working capital won’t be in business very long. Even with long-term assets like property and investments, it’s still vital to keep cash flowing. That’s why it’s important to tap into working capital solutions when you’re running low.
Working Capital Loans
A business with zero working capital won’t be in business very long. Even with long-term assets like property and investments, it’s still vital to keep cash flowing. That’s why it’s important to tap into working capital solutions when you’re running low.
Understanding
Working Capital
Working capital helps you pay bills, retain talent, and keep the lights on. It’s the difference between what you owe in the short term and what you earn over the same time frame. If you can’t meet your short-term expenses, you could be headed for disaster. Use working capital loans to get ahead of expenses, fund new projects, and even refurnish your lobby. Since working capital financing isn’t tied to a specific purchase, you can use it to handle most of your business needs. You have many options when it comes to working capital solutions from SBA loans to lines of credit. Find out how much working capital you need by speaking with our professional brokers today.
How to
Effectively Apply Funds
You don’t have to be in financial trouble to utilize working capital loans. In fact, they can help you avoid getting into a difficult position. A working capital loan can help pay recurring expenses like electricity and grounds maintenance so you don’t fall behind when revenue is lagging. Working capital can also be bundled with other loans, like real estate, allowing you to buy and renovate property without having to get two separate loans. Working capital loans can be used for any business expense, so they’re great for handling miscellaneous costs that real estate and equipment loans don’t cover. Use a working capital loan whenever you need to catch up on bills, hire more personnel, or launch a new project. We’ll help you find the right working capital loan for any goal.
Our Services
Lines of Credit
Lines of credit offer the ability to tap into your balance as often as you need. Most lines are revolving, meaning they replenish when you make payments into the account. So you can borrow when cash flow is tight and free up the balance when business picks up again.
SBA 7a
If you’ve had trouble getting loans in the past, the SBA can help. Their 7a loan can be used for working capital as well as real estate, equipment, and construction. This versatile loan is ideal for fix & flip property investing since it can cover real estate and renovations under one roof.
Hard Money Loans
Use assets to secure a hard money loan when you need to boost your working capital. You get the value of the asset in cash to use as needed. Bring in new labor, supplies, and materials ahead of a large order and pay down the loan from the proceeds of the sale.
Ready to start your financing journey?
Our pre-application process is simple. Your information helps us position you for financing so we can provide an overview and some initial options on our first call. Click the button below, fill out the simple form (no hard credit pull required) and we will connect with you soon!
F.A.Q’s
Get Informed
How to measure working capital?
There are two common ways to measure how much working capital your company has. You can subtract your current liabilities from your current assets to get a dollar amount. You can also get the working capital ratio by dividing your current assets by your current liabilities. A result of 1.5 to 2 is typically ideal.
What is working capital?
Working capital is the liquid cash your company uses on a daily basis. It doesn’t include investments like real estate or equipment where the cash is tied up in assets. Every business needs working capital to function.
Where to find the best working capital loan?
There are many types of working capital loans out there. So, how do you choose which is the best? The easiest way to find the right working capital loan is by using a broker. Brokers can show you a comparison across loans and help you assess how well they match your goals.
When is a working capital loan not a good choice?
Working capital loans help when cash flow is tight, but they can’t rescue a failing business. Talk to your broker about how much debt is healthy for your business before taking out any loan. If you need credit repair, a broker can help with that too.