When your business needs quick funding to cover short-term expenses or capitalize on growth opportunities, working capital loans can provide the solution. Here are the main types available:

Cash Flow Financing

Get a lump sum upfront with repayments that adjust to your business cycle. Pay more during busy seasons and less during slower periods, making it ideal for businesses with fluctuating revenue.

Term Loans

Receive capital upfront and repay over 3-18 months with fixed weekly or monthly payments. This option works well when you need a specific amount for a defined period.

Business Lines of Credit

Access flexible funding up to your credit limit. Only pay interest on what you use, and repay at your own pace. Perfect for ongoing working capital needs and unexpected expenses.

Invoice Factoring

Convert unpaid invoices into immediate cash. Lenders advance up to 95% of your invoice value within 1-2 days, helping bridge payment delays from customers.

SBA Loans

Use SBA 7(a) loans and Microloans for working capital needs. While they offer favorable terms, expect a 90-day approval process—not ideal for urgent funding needs.

Choosing the Right Option

Consider your timeline, repayment preferences, and funding flexibility when selecting a working capital loan type. Cash flow financing and lines of credit offer the most flexibility, while term loans provide predictable payments, and invoice factoring addresses specific cash flow gaps.