Working capital loans are something every business needs at some point in their history but are often hard to come by. The problem with working capital loans is generally not one of qualification but of understanding.
While there are working capital loans with low rates, think SBA and other government backed loans, these loans typically take a long time to close and often leave the business without the fast cash needed to take advantage of opportunities of solve some dire, immediate business need.
Working Capital Loans & Business Lines of Credit
Today's market is filled with companies offering working capital loans, merchant advances and business lines of credits. Businesses need to understand how to use these new forms of "easy access" capital. Understanding the how, what and when of these loans is critical to using them successfully.
First and foremost, with today's working capital loan and merchant cash advances, businesses are trading low interest rate, long-term loans for short-term, fast cash investments in their business with quick payoff so that the business is debt free and cash flow positive again!
Viewing working capital loans and merchant cash advances as investments in the business versus as a high interest rate loan can help. The pro's of today's working capital loans far outweigh the cons. Admittedly, the return to the investor (maker of the loan) is higher than a standard SBA style business loan, but the business is debt free faster, has easier access to working capital and can move more swiftly to take advantage of buying opportunities or solving some problem to keep the business moving forward.
Our working capital loans are designed to close fast and give businesses the cash they need to accomplish their goals. Currently lending nationwide! We love these cites; Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, Fort Lauderdale, Orlando, San Diego, New York, San Francisco, Phoenix, Atlanta, Tampa Bay, Detroit, Minneapolis-Saint Paul, Charlotte, Dallas / Fort Worth, Portland, Seattle, Cleveland, Oklahoma City, Jacksonville, Indianapolis, Nashville, Kansas City, Louisville, Milwaukee, New Orleans, Philadelphia, Raleigh, Sacramento, Salt Lake City, San Antonio, San Jose, Saint Louis, Tucson, Austin, Baltimore.