Working Capital Loans

Working capital loans are not currently available from many banks. However, business financing options are emerging to fill the void left by banks which have abandoned commercial lending. To help understand the current shortage of working capital financing, it is increasingly clear that there are at least three major factors underlying the reduced bank lending capabilities for short term capital financing. Although many banks are exiting commercial finance programs, some promising new business funding choices are available. In most cases, small business owners will find the new working capital loan options to be a substantial improvement over previous bank financing. We are finding that more businesses are qualifying for these working capital loans because impractical bank underwriting criteria have been eliminated. There is a short turnaround time for receipt of working capital if a business qualifies for this practical and straightforward business financing program.