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A working capital loan is a small business loan that provides short-term funding for businesses that need cash for everyday operating costs like payroll, utilities and rent. Types of short-term ...
Lender. Working capital loans. Top features. OnDeck. Term loan. Line of credit. Repayment terms up to 24 months. Loans from $5,000 to $250,000. Credit lines from $6,000 to $100,000
SBA 7(a) loans. SBA 7(a) loans have loan amounts of up to $5 million and repayment terms of up to 10 years when used for working capital. It can take up to 90 days to receive funds, but the capped ...
If you need working capital for your small business over a period of three years or less, a short-term business loan could be right for you. Short-term loans help businesses acquire needed ...
For example, many online lenders specializing in fast working capital loans typically have limits of $100,000 or $250,000 for term loans and business lines of credit. This is much smaller than the ...
Tips for managing a working capital loan. Researching your short-term business loan before you sign on the dotted line is half the battle of managing it well. Make sure you understand the total ...
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