Working Capital Loans
A simple application process and fast funding mean you’ll have working capital sooner.
Ready To Move Your Business Forward?
What is a Working Capital Loan?
A working capital loan is a loan that businesses can take to finance their everyday operations. Instead of buying long term assets or investments, these loans provide working capital to cover businesses’ short term operational needs.
How a Working Capital Loan Can Work for You
A working capital loan is a loan used to finance everyday financial operations for small businesses that are lacking current cash flow. Working capital loans are used for short-term needs rather than long-term needs, assets, or investments for any given business. This loan type is used to sustain business growth on a daily basis to help you visualize long-term success.
Every business should have cash on hand to cover both planned and unexpected expenses. Cash reserves help cover the everyday fluctuations faced by your business. For those who don’t have the cash flow for everyday expenses, or have a predictable revenue stream, we offer working capital loans as a lifeline to give you access to cash when you need it most.
Hire More Staff
- Hire new employees to support your business growth
- Make sure payroll is covered so your workers are paid on time
Finance Equipment
- Replace outdated equipment with newer models for your business
- Cover the cost of equipment maintenance or repairs
Add Inventory
- Introduce new items, product lines, or services to drive revenue for your business
- Stock more best-selling items during your busy selling seasons
Manage Cash Flow
- Maintain daily operations even through gaps in cash flow
- Continue running your business seamlessly during seasonal lulls
How to Get a Working Capital Loan
How Does a Working Capital Loan Work?
Fast & Easy Application Process
No-cost, no-obligation application with funding in as few as 24 hours1
Helpful Loan Guidance
A Loan Specialist will contact you to help you choose the right business financing option.
Quick Decision, Fast Funding
You could be approved, and funds deposited into your account, in as little as 24 hours.1
What are the Benefits of Working Capital Loans?
A working capital loan is the quickest and easiest way for small businesses to receive the lines of funding they need to achieve their full business potential. When businesses don’t have the funding for current expenses, a working capital loan can help make up the financial shortcomings until the business is stable. These funds can go towards whichever expenses need immediate attention to help you grow your business.
Be Better Prepared for the Future with More Capital
While the saying may be ‘business isn’t personal,’ we know small business owners take pride in their companies, and that business truly is personal.
Businesses that are prepared for current financial payments are better prepared for the future growth of their business. For businesses to see long-term success, business owners need to make sure they have the cash flow to keep their business afloat. Without this preparation, businesses will run into late payments, decreased credit scores, and higher interest rates on business loans and future credit lines. By applying for a working capital loan, it will help you with a shortage of short-term financial resources when your business needs it most. Small business capital could make all the difference in the success of your company, and we want to help.
Maintain Ownership of Your Business
Traditional equity investors likely require you to give up a percentage of your business in return for funding, which gives some of the ownership power to the investor. With a working capital loan from a bank or a financial institution like National Funding, you continue to hold ownership over your business and are only required to make the payments that are agreed upon — all with new, working capital.
Working Capital Loans With No Collateral Required
Some small business working capital loans require collateral of some sort, but we provide working capital without collateral. Business owners can maintain ownership of their assets while taking out a working capital loan, even when funding needs are imperative. When applying for a working capital loan, we look at the current status of your business which helps us determine the loan amount that suits your business.
Provides Financial Flexibility
A working capital loan can be used how you personally see fit for your business, no strings attached. Working capital loans can be used for paying employees, purchasing equipment, paying bills, and more. No matter the financial needs, receiving a working capital loans for your company allows financial flexibility to help you with your business needs.
What Customers Are Saying
Cheryl Dailey, Owner
Master Handyman, LLC
Focusing its business on providing handyman services to commercial enterprises in Cleveland, Master Handyman looked to secure a working capital loan to cover key expenses and allow them to hire new staff to foster growth. They wanted “real employees, not just day laborers”, and working with National Funding gave them the cash resource they needed to make it happen.
Craig Hart, Owner
Smyth Electrical Services
As the business entered a period of expansion, having the reliability of available cash was critical to alleviating the stresses that growth can cause. Being able to rely on National Funding’s small business loans was the peace of mind that help the head of this small business rest easy.
Why National Funding?
We have experience helping a wide variety of business owners secure the right financing solution — funding for any company
We Know Your Industry
We have experience helping a wide variety of business owners secure the right financing solution
Fast & Easy Application Process
No-cost, no-obligation application with funding in as few as 24 hours1
Trusted by Businesses Like Yours
Over $3 billion in funding to more than 50,000 businesses nationwide
Loan Specialists Who Care
Experienced Loan Specialists help you make the right decision
High Approval Rates
Even if you’ve been turned down elsewhere, there’s still a great chance we can get you the business capital.
Hassle-Free Payments
We provide fixed terms and set up simple, automatic payments.
Working Capital Loans Resources
What Is a Working Capital Loan?
A working capital loan adds to the money you have on hand for your business’ daily needs. Funds from a working capital loan can go toward things like payroll, rent, inventory, etc. Sometimes, you’re waiting for receivables and suddenly money is tight, and a personal business loan may be a good solution. Check out this blog on the ins and outs of loans for cash reserves. With business financing, you can make your money work for you, and not the other way around.
Business Cash Reserves: How It Can Fuel Operations and Growth
There's a lot to consider when deciding how to use business funds for your company. You need cash to keep your business running and pay vendors. However, it's also important to look at the future of your business and think about investing in potential growth opportunities. By knowing how you wish to use business capital, you can begin to calculate how much you might need to reach your business goals. This article can help you learn how to determine your working capital needs.
FAQ: Working Capital Loans
Finding the cash your business needs to pay bills or take on the competition isn't always straightforward. Like most business owners, you probably have questions about loans and financing options. We put together some of the most common questions about working capital loans to help you get the answers you need.
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