FacilitiesWorking capital loans
Working capital loans
Smooth a short gap in cash without pledging the whole of the business.
- RANGE
- $10,000 – $500,000
- TERM
- 3 – 24 months
- PRICE
- From 15.9% APR indicative
- DECISION
- Inside one working day
A working capital loan is for a defined gap: a stock build before a season, a late-paying contract, a deposit you have to place before the invoice exists.
Repayments are fixed and monthly. There is no annual renewal theatre. If the gap is really an invoice problem, we will say so and offer the ledger instead.
Suited to
- Seasonal stock
- Contract mobilization
- Covering a known receivable
Outside the line
- Repaying tax arrears that suit a tax loan better
- Speculative crypto purchases
Questions we are asked
Is security required?
Often a simple UCC-1. Below $75,000 a micro trader facility may be unsecured if the story is clean.
ALSO ON THE DESK
- Invoice financeRelease the cash sitting in unpaid invoices and keep trading while customers take their terms.
- Sales tax loansSpread a sales-tax quarter over three to twelve months so the bill does not empty the account.
- Tax loansFederal income tax and quarterly estimates, spread over a fixed term and documented against the return.