Maximise cash flow
Working Capital Loans
The one programme on this site whose own page heading is “No Collateral Needed”.
- What is pledged
- Nothing
- What credit is asked
- “Solid credit”
- How long you must have traded
- 2 years
- What revenue is asked
- Not stated
- What it may be spent on
- Growth, and day-to-day
- How it comes back
- Short-term
Working capital
What a working capital is, from this office's own page
Working capital funds the running of the business through a money-tight stretch rather than a single purchase, and it does it without the strict guidelines a bank would apply to the same request.
Qualifying asks for solid credit and two years or more in business. Nothing is pledged for it — this is the programme whose own page says so in its heading, and it is one of two on this site where the banner's promise actually holds.
A funding manager compares rates, terms and payments across the offers. There is no application fee and nothing payable to this office at any stage.
What holds
Where the banner is true of this one
- What is pledged: Nothing
- What it may be spent on: Growth, and day-to-day
- How it comes back: Short-term
The application
Get your loan offer
One application reaches the whole network and qualifies you for all six programmes. There is no application fee, no cost to apply and no obligation to take anything that comes back.
Rather talk to somebody first? (866) 221-4074.
The grid
Its column, beside the other five
| What differs | Business Term Loan | Business Line of Credit | Short-Term Business Loan | Working Capital Loans | Equipment Financing | Business Cash Advance |
|---|---|---|---|---|---|---|
| What is pledgedThe banner says No Collateral. One of the six is secured on a thing, two more may ask. | Not stated | A personal guarantee may be asked | Collateral may be asked | Nothing | The equipment itself | Nothing |
| What credit is askedThe banner says Bad Credit is Ok. Two of the six publish a floor and two more want “solid credit”. | Not stated | 560 or higher | “Solid credit” | “Solid credit” | 650 or higher | Lenient — it leans on takings |
| How long you must have tradedThe widest spread here: six months for one programme, two years for two others. | Not stated | 6 months | 2 years | 2 years | 12 months | Not stated |
| What revenue is askedTwo of the six publish a revenue floor. Four say nothing about it at all. | Not stated | $50,000 a year | Not stated | Not stated | $50,000 a year | Not stated |
| What it may be spent onThe banner says No Restrictions. Five are open; one buys a specific thing, which is the point of it. | A major capital investment | Almost any business need | Costs, slumps, short projects | Growth, and day-to-day | The equipment | Not stated |
| How it comes backThe one figure block gives all six a 12-36 month term. Two of them have no term in that sense at all. | Fixed rate, fixed period | Revolving — interest on what is drawn | Like a term loan, compressed | Short-term | Over the equipment's life | Out of future earnings |