The Top Sources of Business Working Capital

How Does Business Working Capital Work?

When it comes to having enough cash to operate your business model it can be hard, even more so when you are just starting out. Businesses looking to expand also find some of these same problems. All these aspects tie back into your business working capital. There are a lot of costs that new business owners often forget about, and they all stem from your business working capital in different ways.

Before you start looking for working capital lenders, you must understand the nature of capital. Business working capital is the funds available to your business to operate in the near future. This funding is generally cash on hand, or other assets that are easily liquidated. You can use working capital funding to help pay for equipment, supplies, and other day-to-day operations. You can also use working capital to cover shipping costs or pay for utility bills. Depending on your business and industry will determine you’re your working capital needs are.

Typically, business working capital funds are not designed for purchasing long-term assets or investing to grow your business. There are other lending options out there for long-term funding needs. This is important, as not demonstrating this knowledge to a lender may hurt your chances.

Business working capital loans are a specialized form of funding for small businesses. Unlike traditional small business loans, you can use the funding as you see fit to run your daily business operations. As you continue to grow your business and tie up capital into growing your business, you will still need cash for the daily operations. That is various lenders can step in and help.

Working Capital Struggles

Banks or other traditional lenders are looking for businesses that appear stable. Often needing working capital to run your business can make it appear that your business is unstable. However, this doesn’t reflect on your business in every situation. Not everyone has clients that pay them back on time. Some businesses have clients who are also waiting for clients to pay them back. In addition, you could just have bad luck. Perhaps you will find yourself in need of a quick cash infusion for something like a repair between the payments that support your cash flow.

Perhaps one of the biggest issues with business working capital woes is that it can be hard to get help for them. The same issues that you need funding for may hurt your chances of getting loans. As we just mentioned, banks want stable businesses. Sadly, working capital struggles are a black mark in many of their eyes. As they see it, if you can’t pay for the day-to-day struggles, how will you pay them back? This isn’t entirely fair, but other lenders are trying to meet the needs of these businesses.

Other Ways To Get Business Working Capital

eBusiness Funding helps businesses that may struggle with traditional lenders. To do this, we provide merchant cash advances that are accessible to a wider spread of businesses than bank loans or private lenders. 95% of businesses that meet our simple requirements qualify for funding. All you need is to be in business for at least six months, with over $10,000 in monthly revenue. With us, it’s not about past credit history or collateral, but about your business’s potential.

It’s important to us that you use the funds we offer in the most helpful way possible. As a result, so we place no limit on how you spend our advances. Payroll, expansion, repairs, spend on what you need! We also get you your funds fast, sometimes as soon as 72 hours after you first apply. Repayment is also very simple. Rather than large monthly payments, we take an set part of your future sales. This is set up by our skilled consultants. This percentage stays the same, so if business slows down, you pay less.

Interested? All it takes to begin is filling out a simple contact form. We’ll be waiting, and are looking forward to helping your business get the funding support it needs.

How Do Working Capital Lenders Work?

When it comes to having enough cash to operate your business model it can be hard. It can be even harder when you are just starting out. It can also be hard when you have an existing business considering expanding your company. There are a lot of costs that new business owners often forget about. The world we live in is highly regulated. This makes it almost impossible for a bank or a financial institution to act as working capital lenders.

Before you start looking for working capital lenders that meet your business’ needs, you need to understand what qualifies for working capital loans. Working capital is the funds available to your business to operate in the immediate and short-term future. This funding is typically in the form of cash. You can use working capital funding to help pay for equipment, supplies, cover payroll or other day-to-day operations. You can also use working capital to cover shipping costs or pay for utility bills. Depending on your business and industry will determine you’re your working capital needs are. Typically, working capital funds are not to be used for purchasing long-term assets or investing to grow your business. There are other lending options out there for long-term funding needs.

Working capital loans are a specialized form of funding for small businesses. Unlike traditional small business loans, you can use the funding as you see fit to run your daily business operations. As you continue to grow your business and tie up capital into growing your business, you will still need cash for the daily operations. That is where working capital lenders can step in and help.

Banks or other traditional lenders are looking for businesses that appear stable. Often needing working capital to run your business can make it appear that your business is unstable. At eBusiness, we know that not everyone has clients that pay them back on time. Some businesses have clients who are also waiting for clients to pay them back. This can become an endless cycle and that can scare off a bank.

Why should you choose working capital lenders over a bank?

• Easy to fill out application
• You can receive up to $500,000
• For those who are approved, the minimum you will receive is $5,000
• We can get you approved in just 24 hours!
• You can apply as many times as you need
• Your credit score does not play a large role in the decision to approve or deny
• You don’t need collateral
• We deposit the working capital you need into your bank account in just three short days!

We want to call out one of the bullets specifically. The ability to apply as many times as you need is critical for business’ that need working capital lenders. Some business models are always going to need access to working capital. We do not believe that they should be judged for that. That is why we have made it simple to get the cash you need and get it quickly. We have also made it simple to pay it back through a fixed percentage of your daily credit card sales. This is an automated process so you don’t even have to think about it.

Alternative funding providers who serve as working capital lenders are out there. Finding the right one for you can be a hard decision but we have tried to make our business stand out. Our easy to apply process and fast funding method can get you moving on all of your daily business operation needs. So if you are ready to see what our working capital option can do for you, contact us today!

Get Started Now

Call eBusiness Funding today at 305-985-6593 or complete the contact form on this page.