Working Capital is essential for the growth and success of businesses. To qualify for Working Capital funding, businesses typically need to meet certain requirements. These requirements often include a FICO score of 500 or higher, a minimum of 3 months in business, a monthly revenue of at least $10,000, funding amounts ranging from $5,000 to $1,000,000, and terms of 2-18 months with rates as low as 18%.
Stipulations to secure Working Capital funding may include providing 3 months of business bank statements, a voided check from the business account, valid government identification, and a signed business application.
Working Capital is crucial for businesses to maintain their operations, invest in growth opportunities, and navigate financial challenges. If your business meets the requirements for Working Capital funding, take the next step and secure the capital you need to thrive.