Working Capital Loans
We offer working capital loans to existing Advantage+ customers, from $5,000 to $50,000.
Businesses often apply for working capital loans to address short-term financial needs and maintain their day-to-day operations. Here are some common reasons:
- Seasonal Fluctuations: Some businesses experience seasonal variations in sales. A working capital loan can provide the necessary funds during slow seasons to cover operational costs.
- Business Expansion: When a business is looking to grow, it may need additional working capital to cover increased costs associated with expanding facilities, additional inventory, or launching new products/services.
- Dealing with Unexpected Expenses: Unexpected expenses, such as equipment breakdowns or sudden regulatory changes, can strain a business’s finances. A working capital loan provides a safety net.