Working Capital
Loans

Our flexible working capital options allow entrepreneurs, start-ups and established businesses to build self-reliance and a brighter financial future.

What is a working capital loan?

Working Capital is the difference between your current assets, like your sales and inventory, and your current liabilities, like your bills and short term financial obligations. Your working capital ratio, or working capital formula, is calculated by dividing your current assets from your current liabilities to find the amount of cash a company has to complete their operating cycle, meet their financial obligations, and still come out ahead.

How can you use working capital

Cash Flow
Management

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Finance
Equipment

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Business
Expansion

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Hire
Employees

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What are the requirements?

Here's what you can expect:

  • Simple, streamlined application process
  • No hard pull on your credit report
  • Same-day decisions
  • Generous consideration of credit history and time in business

The benefits of Working Capital

Your company's ability to generate cash is critical to its success. If you don't have enough to see you through the year, or if your working capital ratio is not where it should be, you might think about securing working capital financing to secure cash flow, maintain ownership, and fuel short term obligations or needs. Some experts might advocate for maintaining low working capital to enhance your investments. That said, there are a number of benefits to maintaining positive working capital.

Stay Afloat in Tough Times

Your accounts payable department has a job to do, no matter what crisis the company is facing. When you have a reserve of cash, or when your working capital ratio is balanced well, you'll be able to retain your employees, maintain the quality of your product or service, and make changes to become more efficient even when times are tough.When times get better, your company will be healthy enough to sprint forward, ahead of your competition.

Grow Your Business

Sometimes your business needs a huge influx of capital to jump to the next level, but often growth is a slow, steady climb.If your current liabilities aren't weighing you down, you can invest more wisely, and take advantage of new ideas or new strategies. You can buy the newest piece of equipment. You can acquire fixed assets to develop that will earn revenue for years to come. Growing your business grows your current assets.If you want to invest or take out a loan, having a positive working capital ratio will reassure the bank or investor that your business will make good on its obligations.

Acquire Assets that Drive Revenue

When you have enough cash, and when your short term obligations are met, you can take advantage of opportunities that come your way.Your business can be flexible enough to buy another piece of property for a second brick and mortar location, or expand and develop your team, or take on new segments of the market.If your current assets and liabilities are manageable, and if you working capital ratio is positive, you can add new factors without causing whole system to come crashing down.

Potentially Buy Out Partners

Not all partnerships last. One partner may want to move, retire, get a new job or invest in a different business. Or you might realize you can't work with the other person.If your company has a poor working capital ratio, you both might feel stuck in a relationship rapidly turning sour. But if your working capital ratio is positive, both partners can decide what's best for them and walk away as needed without leaving a mess behind them.

How To Apply?

1

Apply

Our simple, short application takes just minutes to complete.

2

Engage

Our Funding Specialist will reach out to discuss financing options and your unique business needs.

3

Fund

Once approved, you can receive business funding in as few as 24 hours.

Why Good Funding?

We offer one powerful product that helps businesses move forward. With Good Funding’s capital solutions, we impact change that addresses the unique challenges you face today. We are sensitive to your needs and completely vested in your success. When you require secure, fast and flexible funding, Good Funding is the good choice, the right choice. 

Expertise

Caring Advisors

History Of Trust

Personal Experience

Fast And Easy Application

Lasting Relationships

Frequently
Asked
Questions

What determines how much business funding I can get

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Does my business qualify for funding?

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How can I use the business funding?

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How long does it take for me to get the business funding?

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If I have poor credit history, can I still get funded?

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Ready to move your business forward?


What is a working capital loan?

Working Capital is the difference between your current assets, like your sales and inventory, and your current liabilities, like your bills and short term financial obligations. Your working capital ratio, or working capital formula, is calculated by dividing your current assets from your current liabilities to find the amount of cash a company has to complete their operating cycle, meet their financial obligations, and still come out ahead.

How can you use working capital

Purchase Inventory and Equipment

Having cash on hand means a company can purchase raw materials or inventory early and keep popular items in stock. Stocking inventory is part of the cash conversion cycle, where money goes out when a company purchases inventory, and money comes in when the customer purchases the product.If you have too much old or unused stock, though, your working capital will be tied up and not easily liquidated.Working capital also allows a company to purchase necessary equipment, or update what they already have, so that work flows are smoother, faster and less costly to repair.Equipment can break down at any time, and having positive working capital means the equipment can be replaced or fixed as needed. It also means the equipment can be paid for and won't become one of your current liabilities, dragging down your working capital formula as a result.

Purchase Inventory and Equipment

Having cash on hand means a company can purchase raw materials or inventory early and keep popular items in stock. Stocking inventory is part of the cash conversion cycle, where money goes out when a company purchases inventory, and money comes in when the customer purchases the product.If you have too much old or unused stock, though, your working capital will be tied up and not easily liquidated.Working capital also allows a company to purchase necessary equipment, or update what they already have, so that work flows are smoother, faster and less costly to repair.Equipment can break down at any time, and having positive working capital means the equipment can be replaced or fixed as needed. It also means the equipment can be paid for and won't become one of your current liabilities, dragging down your working capital formula as a result.