Working Capital Loans

Need capital to grow?
Ready to invest, in you?

Get working capital loans to $500,000 for expansion, renovation, technology, recruiting & hiring, marketing, advertising & seminars.

Loan Uses & Purposes:
Can be a single purpose loan or is also added to other loan purposes like purchasing a business or in a debt refinance loan.

  • Payroll

  • Inventory

  • Marketing

  • Advertising

  • Operational Expenses

  • Technology Upgrades

  • Renovations

  • Growth and Expansion

Conventional Loan: 

As a general rule conventional lenders aren’t fond of large size working capital amount loans. Terms are typically 3-5 years. Some lenders do not offer straight working capital loans by themselves but will add to other loan purposes like purchasing a business or in a debt refinance loan.

As with other conventional loans and business lending in general the strength of the borrower’s P&L and PFS will primarily dictate options and structures.

SBA 7(a) Loan: 

SBA loans are more favorable to working capital loans and loan amounts to $500,000 are readily available to qualified advisors. Ten year terms spreads out the payment and since there isn’t a pre-payment penalty you can pay it down as you like with no extra fees.

When 50% or more of an SBA loan is being used for working capital the SBA requires the lender to explain why this level of working capital is necessary and appropriate for the business.

FINANCE
YOUR WAY 

DO-IT-YOURSELF BUSINESS LOANS

  1. Complete application and loan package

  2. See matching lenders

  3. Select one or all matching lenders to access your loan package

  4. Receive loan proposals from interested lenders

  5. Select the winning lender and e-sign their loan proposal

Use the tools and intel available, follow the process, receive alerts at every stage along the way, and utilize LoanBox human support as needed.

LOANBOX ADVISOR SUPPORTED LOANS

  1. Complete applicant summary form

  2. Have consultation

  3. Upload the docs requested

  4. Receive, discuss, and approve your LoanBox Advisor plan

  5. Provide needed docs as requested as your Advisor navigates everything for you

Your loan is still managed on the LoanBox platform, so you still have access to the same lenders and receives the same alerts.