Working capital
Working Capital Loan
For payroll, rent, stock, and the stretch between the work and the payment.
- Amount
- Up to $1,000,000
- Term
- Daily or weekly ACH
- Cost
- From 4.5%
- Funded in
- 1–2 days
Working capital
How a working capital works
Working capital funds the running of a business at the size it already is, rather than the cost of making it bigger. Repayment is collected by daily or weekly ACH, which suits a shortfall that closes over months rather than years.
Size it to the gap. Taking two years of money to solve a three-month problem is the most expensive ordinary mistake on this page, and talking somebody out of it is usually the most useful thing an advisor does all week.
What it gives you
Why a business picks this one
- Any business use, no restrictions
- Nothing pledged against it
- Daily or weekly repayment
- Sized to the shortfall
The application
Apply
About two minutes, no fee, no obligation, and no mark on the owner's credit score for asking.
Rather talk to somebody first? (844) 358-6249.
The six, level
Its row, against the other five
| Program | Amount | Term | Starts at | Funded in |
|---|---|---|---|---|
| Line of Credit | Up to $1,000,000 | 6 months – 3 years | From 4.5% | 1–2 days |
| Working Capital Loan | Up to $1,000,000 | Daily or weekly ACH | From 4.5% | 1–2 days |
| Term Loan | $10,000 – $1,000,000 | Up to 24 months | From 6% | 1–2 days |
| Short-Term Business Loan | $10,000 – $1,000,000 | Up to 24 months | From 6% | 1–2 days |
| Equipment Financing | Up to $250,000 | 1 – 5 years | From 8% | Monthly repayment |
| Merchant Cash Advance | $5,000 – $500,000 | Daily or weekly ACH | 1.10 – 1.35 factor | 24–48 hours |
The term loan and the short-term loan are published with the same amount, the same term, the same starting rate and the same speed. On these figures they are one product under two names. The difference between them is normally how long you are repaying — a term loan runs longer — so if you are choosing between the two, ask what term each is actually being offered at before you sign either.
The cash advance is priced as a factor rather than as interest, and the two do not compare. A factor of 1.10 on $100,000 is $110,000 to repay whether it clears in six months or eighteen; paying it off early does not make it cheaper. Interest does fall when the balance does. This site is the only one in its network that publishes the top of its factor range as well as the bottom.