A working capital loan is a loan availed to fund the daily operations of a business including regular bills that need to be paid, cash flow requirements, employee salaries, and other everyday costs. A working capital loan makes short-term cash available to fulfil a business's short-term operational needs. The businesses with high seasonality or cyclical sales cycles rely on working capital loans to help them with periods of reduced business activity.
Many times the business does not have adequate liquid funds to cover the operational expenses. Working capital loans are corporate debt borrowings used to finance the day-to-day expenses.
For instance, many manufacturing units struggle during the fourth quarter to pay for their operational expenses as this is the lean business period and there is a shortage of short-term cash flows. A working capital loan comes in handy during such situations.
WG Financing provides workin capital throgh cash advances in order to quickly help business owners get the cash they need to take their business to the next level. The lack of sufficient business working capital is one of the primarily reasons small businesses go out of business. They don’t have the money they need to run their operations in many cases. But in other cases, they just don’t have the working capital to exploit opportunities that are clearly before them.
If you agree to sell a portion of your sales receipts at a discounted rate to us, we will loan your business the money you need to grow. Through automation, we retrieve our portion of each credit card sale as it is settled until your loan is paid off. The best part about this process, we don’t get paid until you do. There is no monthly bill, and the percentage is negotiated during your application. This percentage is fixed for the life of your funding. So don’t let the working capital control your business profits. Let WG Financing help to make your business needs count.
Because to us, you are not just a number. Our customer friendly staff work hard to make sure that your application process is accurate. We are equipped to make your experience easy and professional. We look at each application on a case by case scenario to determine your business needs. This allow us to approve more applications than our competitors and get you the money your business need and deserve. Our rapid technology gets your approval notice in less than 48 hours.