Working capital is the money a business uses to cover day-to-day operations: payroll, rent, inventory, supplier payments and marketing. A working capital loan is short- to medium-term funding meant to bridge gaps or help you take advantage of an opportunity.
What working capital can pay for
- Payroll and payroll taxes
- Inventory and supplies
- Marketing and hiring for growth
- Seasonal cash-flow gaps
- Repairs and unexpected expenses
How to compare working capital options
Look past the headline amount. Compare the total cost of funding, the repayment schedule, any fees, and whether payments fit your cash flow. A line of credit offers flexibility; a fixed-term product offers predictable payments. Use our payment calculator to estimate costs before you apply.
What lenders look at
Revenue, time in business, bank account activity and credit are common factors. Requirements vary by product and applicant. Have recent bank statements ready to speed things up, and upload documents securely in the client portal.
Frequently asked questions
How much can I get?
Amounts depend on your business and the product. Funding generally ranges from $10,000 to $500,000, subject to approval.
Will applying obligate me?
No. Review the options and decide whether to move forward.
Funding products, amounts, rates, fees and terms vary and are subject to credit review and approval. Not all applicants will qualify. This page is general information, not a commitment to lend or financial advice.