Working Capital Loans
Working capital is what your business needs to operate daily. It covers payroll, utilities, rent, supplies, and more. So, running low on working capital can be a big problem for businesses in every industry. Thankfully, it’s easy to get a boost to your company’s working capital when you work with a qualified broker.
Your Solution to Operational Liquidity
Overview
Working capital loans offer a wide range of solutions for businesses large and small. Rather than being tied to one specific purchase, like a real estate or equipment loan, working capital loans can be used for anything your business needs. Whether you want to launch a new project or smooth out your seasonal sales cycle, there’s a working capital loan that works for you.
SBA 7A
The SBA offers guaranteed loans that can be used for working capital or working capital combined with real estate, business buyouts, and more. If you’ve struggled with getting a loan in the past, an SBA 7a loan could be right for you. Speak with a broker to find out if you qualify for a low-interest loan from the SBA.
PRIVATE LOANS
A private loan allows your business to access the value of long-term assets without having to sell. When you use assets to secure a private loan, you don’t need good credit to qualify for financing. Use the lump sum payment for anything your business needs from retaining top talent to refurbishing your lobby.
Lines of Credit
Lines of credit offer access to working capital that can be borrowed over and over again without a second loan. You can tap into your credit line any time your business needs working capital. Payments you make into the account free up your balance to be borrowed again. You only pay interest on your balance, making lines of credit an affordable option.
FACTORING
Unlike a loan, factoring is a sale of assets. You don’t need good credit to qualify, as long as your customers are reliable. Instead of waiting on slower customers who take 30-90 days to submit payment, you can factor your invoices, contracts, and purchase orders for immediate working capital. Set the pace of your business with predictable payment schedules.
Key Features of Working Capital Loans
Loan Highlights
Designed to meet short-term needs, working capital loans provide immediate access to funds for daily operational expenses.
SBA 7a loans have low interest rates and down payments
Lines of credit let you borrow as often as you want, whenever you need.
Private loans are one-time loans that can be approved quickly.
Factoring uses AR assets to get an advance on customer payments.
Your Path to Funding
THREE STEPS TO FUNDING
APPLY ONLINE
Your information helps us to begin loan matching.
SOURCING
We source options for your deal, keeping you informed at all times.
CLOSE AND FUND
We support your deal through the closing and remain in touch after.
Where the journey for funding begins.
Today's financing market is complex. Equity Ridge provides the pathway to funding.
LENDERS IN OUR NETWORK
IN AVAILABLE FUNDS
FASTEST CLOSE
Benefits
Working capital loans help businesses maintain smooth operations during cash flow gaps or unexpected expenses.
With flexible terms and quick approval, they provide the financial agility businesses need to succeed.
No long-term commitments
Bad credit? No problem!
Flexible options available
Not tied to a specific purchase
Considerations Before Applying
Challenges
While these loans are accessible, they often come with higher interest rates and shorter repayment periods than other financing options.
All options are short-term
Must have AR assets to utilize factoring
Lenders may seize collateral if you default on a loan
