Up to $1,000,000 · Funded in 1–2 days
Working Capital Loan
For the running of the business: payroll, rent, stock, and the wait between doing the work and being paid for it.
- Funding amount
- Up to $1,000,000
- Repayment
- Daily or weekly
- Rate
- From 4.5%
- Funded in
- 1–2 days
What makes it different
Repaid in small daily or weekly amounts rather than one monthly hit.
Working capital covers what the business costs to run at the size it already is. It is not for growth and it should not be termed like it is: the right amount is the size of the gap, and the right length is however long the gap lasts.
Repayment comes out in small daily or weekly amounts rather than one monthly figure, which suits a business taking money in every day and suits it badly if takings are lumpy. Nothing is pledged against it — it is assessed on how the business trades.
What it gives you
Why a business takes this one
- Nothing pledged against it
- Small daily or weekly repayments
- Payroll, rent, stock, and the wait to be paid
- No fee to apply
The application
Send one application
Six steps and a few minutes. No fee, no obligation, and no hard credit check to see what you qualify for.
Rather talk to somebody first? (877) 206-6060.
Start here
What is the money for?
Three answers cover almost everyone. Follow yours down to the one or two products worth reading about, and skip the other four.
A gap to cover
Money is going out before it comes in — payroll, rent, stock, a slow month, an invoice that has not been paid yet.
Something specific to buy
There is a price on it already: a machine, a vehicle, a fit-out, a second site, a large order of stock.
Room to move, before you need it
Nothing is wrong today. You want a limit sitting there for the month something goes wrong, or goes right, without reapplying.