Working capital should have a purpose
Short-term capital is most useful when management can identify why the cash is needed, how it supports operations and how the business expects to repay it.
Underwriting looks beyond one number
A review may include business revenue, bank activity, profitability, time in business, existing obligations, credit history and the reason for the request.
Structure matters
Depending on the transaction, repayment frequency, term, guarantees, collateral and other requirements may vary. Definitive terms are provided only after underwriting and approval.
Common business uses
- Inventory purchases
- Payroll or vendor timing
- Seasonal operating needs
- Upfront costs for new contracts
- Marketing or expansion tied to a defined plan
- Temporary cash-flow gaps
Important: Financing is not guaranteed. Availability, structure, pricing, collateral, guarantees and repayment terms depend on underwriting and the facts of the transaction.