A working capital loan is short-term business funding used to finance a company’s day-to-day operations, like buying inventory or covering payroll. Common small business working capital loans are LOCs, term loans, invoice financing, and merchant cash advances. We reviewed working capital loan providers in costs, terms, and qualifications to identify the six best.
How We Evaluated the Best Working Capital Loan
In evaluating the best working capital loan, we considered a variety of financing types. We kept the small business owner’s desire to quickly and easily access working capital funds top of mind.
