Working Capital Financing
Working capital financing is a type of lending that aims to improve a company’s working capital so that they can maintain or grow daily business operations. Working capital financing helps cover short-term, day-to-day costs, such as payroll, rent, and marketing fees. Small businesses might require working capital financing during periods of volatile cash flow, which is common during the early stages of business growth.
Some working capital financing options include:
- Invoice factoring
- Invoice financing
- AR line of credit
- SBA loans