What is a working capital?
Talking to you today about working capital loans for your business. Every business small, medium, or large leads working capital. It’s the finance fuel that helps you maintain and grow your business, covering your payroll, and all your expenses, whether it’s a line of credit or any kind of finance, you need it as the lifeblood to finance your business.
There are many forms that this can take traditional bank loans is one way to go.
Obviously, if you’re a new company, or if you have some personal credit challenges, or your balance sheet is just not there yet, a bank line of credit may be difficult to obtain, they will verify your business record and your longevity in the business to give you the best facility.
So certainly, you will find alternative form of finance to meet your demand at that situation. In that case, working capital can be the best choice for you.
What documents do we need?
- Last 4 Months bank statements
- Filled application
- Credit Score
What do we need to fund you?
- 6+ Months in business
- Minimum 450 credit score
- minimum $12000 annual revenue