A loan taken to finance a company's everyday operations. Usually meant for short-term operational and working capital needs which is unsecured and collateral-free.
You don't have to put your assets on the line, which makes it a low-risk funding option for SMEs.
In times of unforeseen circumstances (like COVID), you may require more cash flow to tide through. A working capital loan will ensure you have sufficient funds to do just that.
Another way of improving cash flow is through investors, but that will mean having to give up a percentage of your equity. To retain full control of your operations, you could opt for a working capital loan instead.
The money used to cover aspects like payroll, rent, supplier payments, company's working capital to name a few. This is a flexible loan option for SMEs that require cash quickly to cover immediate expenses before they start seeing profits. Should not be treated as a long-term funding option as the maximum tenor is up to 5 years. There is usually no early repayment penalties for this type of loan.
Guiding you every step of the way to optimise your loan experience.
Send us a message specifying your loan type and your pain points. We will get back to you in 48 hours maximum, where we work out a time that accommodates both our schedule.
In the meeting, we will figure out what is your main concern and work out a most suitable solution among the many that may be applicable to your case.
After sorting out the granular, you can begin with the application for a loan that matches your needs.
Brief us about your situation before we get on a call to discuss the specifics.
We will get back to all enquiries within 48 hours.
Tap on our knowledge to make better decisions for yourself.
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