11/04/2023
Working Capital Loans
Working capital finance is when a business borrows money to cover the day-to-day running costs, such as rent, taxes, utilities and payroll. It's common for a business with inconsistent cash flow due to seasonal fluctuations and sales cycles to have a requirement for cash. Fortunately, there is a solution through a short-term loan; usually within a 12 month period. Your borrowing ability will be determined by several factors, such as turnover, trading period and a business credit score.
Commercial Finance Brokers supporting UK businesses.