Working capital is the money that a business uses to support its day-to-day expenses, such as utilities, supplies, payroll, and rent. Working capital loans are used to pay a business's short-term needs and expenses rather than long-term assets or investments. It allows your business to cover these charges temporarily when funds are tight and cash flow is low. Working capital loans are, by nature, extremely short-term and generally take 12 months or less.

Best for:

• Payroll

• Inventory

• Rent

• Operational costs

• Manage cash flow gaps