Working Capital Loans

What is a working capital loan?

Working capital loans are a type of small business financing that offers fast application decisions, as they are meant to cover immediate needs like purchasing raw materials, paying rent and utilities, increasing cash flow to cover costs for late accounts receivable, and paying for other day-to-day operating expenses. Unlike other small business loans that assist with long-term asset planning, working capital loans are short-term, meaning the payment cycle is typically six months to three years. 

The process is simple: 

• Calculate the total amount of financing you need to cover your current expenses. 
• Fill out our quick form to get matched with trusted lenders.
• Apply directly with a lender who can meet your needs.
• Get a decision in as fast as 24 hours¹.

The benefits of our working capital loans

One of the benefits of getting a working capital loan through one of our partners is quick access to a cash flow boost, so you can meet current financial obligations and increase liquidity for new and time-sensitive growth opportunities. We’ve taken the time to vet the lenders, so you don’t have to. Our partners offer high-quality service, customized solutions, and fair terms.  

The benefits of working capital solutions can be broken into four categories, and SmallBusinessLoans can match you with the right financial partner for your business needs. 

Take care of immediate needs 

• Capitalize on investment opportunities or fulfill increased demand for your business
• Cover unexpected expenses or continue operations during business lulls

Get funding fast

• Working capital gives you the opportunity to make important business decisions quickly.
• With no delays in receiving funds, you can pay vendors or jump on opportunities in a timely manner.

Flexible repayment terms 

• Your customized loan is tailored to your needs. Repayments can be made on a daily, weekly, or monthly basis.
• Our partners work closely with you to determine what works best for your business.

High approval rates

• With less stringent qualifications, you’re more likely to be approved with our alternative lender matches when compared to traditional banks. 
• Our partners work quickly to process applications as soon as possible.

How you can use your working capital loan

Get the flexibility to cover your immediate needs and keep operations running. 

• Cover expenses during the off-season
• Pay for emergency expenses or unexpected repairs
• Jump on a growth opportunity
• Bridge a cash flow gap
• Fund a short-term project

Our financing partners for small and mid-sized businesses are curated to serve your needs. They can provide you with up to $500,000¹ to cover your day-to-day operations. 

Industries served by our partners

In addition to offering multiple types of business loans, our partners cater and modify their financing to meet the needs of numerous industries. These include transportation and agriculture, manufacturing and retail, service industries, and more.  Here’s a few of the ways business owners like you use their working capital loans by industry.   

Construction loans and financing
Buy equipment or hire workers.

Commercial trucking loans and financing
Expand your fleet or handle maintenance costs.

Agricultural loans and financing
Purchase more land or upgrade equipment.

Medical practice loans and financing
Cover insurance costs or upgrade software systems.

Landscaping loans and financing
Maintain capital during slow seasons or hire employees.

Loans and financing for other industries
Our partners have short-term business loan options for almost all industries.

How do I qualify and apply for a working capital business loan?

To qualify for a working capital loan, you generally need to have: 

• At least six months in business
• Minimum $250,000 in annual gross sales
• Fair to excellent credit

If you meet the qualifications above, finding the right working capital loan is a quick and easy three-step process: 

• Fill out the quick form above to get matched with the right lender. 
• Apply with your lender match.
• Get approved and receive funding. 

If approved, you’ll be presented with the terms of the loan. If you accept the loan terms, the funds will typically be deposited into your account in as little as 24 hours¹.