Working Capital Loans
Working capital finance is a business loan that can help you take care of your immediate and day-to-day costs.
Like the name suggests, having this type of financing means you have the capital to cover vital operating costs like paying suppliers, covering wages or adding inventory to make the most of busier business periods.
Importantly, it also means you can have funds at hand when you need them to create growth and make the most of any opportunities when they happen.
What are you looking for?
One type of Working Capital Finance is an overdraft facility. It’s an approved amount of credit you can use if and when you need it, that’s usually attached to your business transaction account. Because it’s designed to be a day-to-day facility, and not for capital purchases or long-term financing, an overdraft may provide a permanent source of short term funding to meet your operational expenses.