Stabilize your business as it grows.
What is a Working Capital Loan?
A working capital loan is a type of business loan that covers everyday expenses such as payroll, rent or mortgage payments, supplies or inventory, and other bills. Essentially, a working capital loan is intended to help you “keep the lights on.” It isn’t meant for long-term asset purchases, such as equipment or real estate.
What Does A Working Capital Loan Cover?
Every business will confront a cash flow problem at one time or another. Whether you’re experiencing a seasonal slowdown, supply chain problem, or other interruption, a working capital loan can help with:
- Make payroll
- Pay your rent or commercial mortgage
- Operational costs
- Purchase supplies or inventory
- Pay critical vendors
- …and more!
Benefits of a Working Capital Loan
- Flexible amortization
- Competitive rates
- Convenient terms
- Quick, local decisions
Visit one of our locations in Central Kentucky, Western Kentucky, or Southern Indiana to learn more about debt consolidation loans or contact us to start an application.