Working Capital Loans & Financing

Increase your financial security and stability with a working capital loan.

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Your Trusted Working Capital Lending Partner

To keep up with monthly expenses, businesses may need a working capital loan. Also known as operating capital, working capital is the type of funding businesses need to manage baseline expenses. Without working capital, your business may have to restructure or strain its budget. As a working capital lending partner, we at Porter Capital help both large and small business owners avoid these situations through flexible, short-term loans and lines of credit.

You can increase your financial security and stability with a working capital loan, no matter your business’s size. Porter Capital has been the country’s expert in capital solutions for over 30 years. We prioritize your success through reliable lending services. Discover what a working capital business loan can do for you!

What Is a Working Capital Loan?

A working capital loan is a temporary source of funding for everyday expenses, including:

  • Payroll
  • Utilities
  • Supplies
  • Inventory
  • Rent
  • Marketing
  • Daily operations

In short, a working capital loan agreement is a solution for businesses that need to pay their day-to-day expenses. This short-term option is perfect for businesses in lull periods or with low cash flow. You can take advantage of working capital financing services to avoid straining your budget or sacrificing quality.

Some business loans help individuals finance long-term investments like real estate or growth stocks. Working capital funding services offer short-term solutions that improve your stability throughout a less profitable period. Lenders will help you determine the appropriate limit or loan amount by subtracting your current liabilities from your current assets.

Why Choose Working Capital Business Loans?

Business owners use working capital loans to cover their daily expenses and enjoy greater security throughout the fiscal year. Working capital can give new and established businesses the time to create more long-term solutions. With a working capital loan, you can finance your business’s needs throughout the year. Many companies choose working capital financing because it provides:

  • Everyday flexibility: You can be flexible with additional income when you have the funding to finance your routine expenses.
  • Security throughout lull: Low profitability periods can put your business at risk of financial strain. Have confidence throughout your slower periods with a working capital business loan.
  • Room for personal growth: Some business owners invest additional profits in their retirement funding so their team can be even more confident in the company.
  • Full ownership solution: Working capital financing doesn’t require equity, allowing you to control the company fully.

Types of Working Capital Loan Options

As a working capital financing company, the team at Porter is well-equipped to help your business get the funding it needs. We offer various types of working capital loans, each with unique perks and terms of use. Business owners can choose from the following options based on their funding and repayment needs:

Short-Term Loan

Short-term working capital loans are great for businesses with a set timeline for their financial goals. Many of these loans have a fixed interest percentage rate and repayment terms, and it’s common to pay your balance within a year. Short-term loans can be secured or unsecured, depending on your financial standing. If you’re hoping to buy new equipment or inventory for your company, short-term working capital may be the perfect solution!

Business Line of Credit

Business lines of credit allow the borrower to access a constant cash flow within the set limit. Also called a line of revolving credit, this working capital funding service is best for businesses with reliable repayment options. With a line of credit, business owners can apply once and continue to use their credit by repaying the appropriate amount with interest.

Startup Loans

Startups are some of the most common applicants for working capital loans. As you work to establish your company, you can receive a working capital offer to cover any expenses. This funding can be the baseline you need to create reliable income for the future.

How to Determine If Your Company Needs Working Capital Solutions

You may be familiar with countless financing options for your company’s needs as a business owner. So how do you know if a working capital loan is your best choice?

At Porter Capital, we have created working capital solutions for businesses across the market. We recommend working capital loans for companies that need a short-term influx of funding to cover their necessary expenses. If this sounds like you, here’s how you can make sure this option is the best solution:

  1. Understand the application terms: Porter Capital can review all terms and conditions depending on the type of working capital service that best fits your business. We strive to make the loan application process simple with easy-to-understand terms.
  2. Research interest rates and fees: Working capital interest rates and service fees may differ from client to client, but Porter Capital is transparent and will provide all details upfront.
  3. Work with your lender: At Porter Capital, we help businesses like yours determine the best solution for short- and long-term financing. Working with our team allows you to feel confident in your loan or line of credit, no matter the terms or limits.

Choose Porter as Your Working Capital Provider

Every business needs a steady cash flow to operate smoothly. With this, you can carry out daily business operations, allowing you to provide the products and services your clients will require of you.

If your business has cash flow issues and needs immediate working capital, we have the assets to help you succeed. At Porter Capital, we’ve simplified the application and approval process so you can get the appropriate working capital financing solutions. Watch your business meet and exceed its goals with our short-term working capital services.

To begin the process, contact our team online or call 1-800-737-7344!

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Frequently Asked Questions

The purpose of working capital is to ensure that your business is guided through the initial stages, and with the startup phase, you need to ensure that there’s a regular ebb and flow of cash instead of more money going out than coming in. For this reason, having a working capital loan is necessary.

Different types of working capital loans suit the restrictions you can meet and utilize your funds, from term loans, bridge financing, inventory loans, to equipment financing.

There’s no denying that every business’s goal is to expand and take their company to greater heights; however, you can only do this if you have a working capital loan that can help you stay financially stable throughout the expansion.

If your business is still unstable and you’re trying to expand, you’ll find yourself going into debt, which you don’t want to be in. Additionally, having a working capital loan can help you navigate through daily expenses as you expand your business, ensuring your financial health during these growth opportunities.

Having an inconsistent cash flow may be a big problem for your business, and as we mentioned earlier, you need to receive more money than what you put out to ensure your business keeps standing. Besides that, every business will have its ups and downs, and when you have downtime, you need to rely on a working capital loan to get you to a time when you can recover.

You can’t be on top of the game all year round, and because of this, you’ll need a financial rock that will help you power through the off-season. That said, working capital loans help you meet your daily expenses and prepare you for high-sale seasons.

Having a cash cushion for your business is necessary because it allows you to survive any emergency your business may end up having.

If you have a cash cushion, then you’re able to survive for a longer time than you would if you didn’t have one. Also, you’ll get to prepare for any major expenses that may arise, as well as provide you with a safety net in case you end up meeting unexpected expenses.

It’s easy to think you earned enough revenue to build your reserve for the next coming months of spearheading your business, especially when there is a growing number of clients or customers waiting to pay for your products or services. But despite having plenty of payments in your sales funnel, you can still suffer from a lack of cash flow if you’re experiencing delays in receivables.

Waiting for late payments can lead you closer to losing control over your operational expenses, so having working capital can help keep your business afloat as you manage your receivables.