Working Capital Loan
What is Working Capital?
- Financing you use to cover operational expenses
- Helps businesses with seasonal or cyclical sales
- Typically don’t require collateral to secure
- Simple 4-step application process that takes minutes
- Obtain approval within 24-48 hours
- Get the best rate with offers from multiple lenders
How Does a Working Capital Loan Work?
From time to time, a business needs cash to cover its day-to-day operations. This often occurs in businesses that have seasonal changes in volume or cyclical sales. They need a cash influx to make payroll, buy inventory, or pay their rent.
If you need short-term financing to keep your business operating until you generate more revenue, then your Stream Capital advisor may direct you into a working capital loan.
A working capital loan is short-term financing to help cover the day-to-day needs of operating your business.
Traditionally, working capital loans require collateral such as a piece of equipment or large receivable contracts.
Stream Capital, on the other hand, does not require collateral to qualify for working capital. Follow our simple four-step application process and you can be approved within 24 to 48 hours.