Working capital is required by every business to pay its various operating expenses. Such business expenses would include but not be limited to taxes, payroll, workman’s comp, vendors and other overhead for its day-to-day operations.
Even an otherwise strong business can be short on working capital due to their customers’ slow invoice payments. For those business owners, working capital loans can be a life-saver.
In other cases, businesses may have the opportunity to grow, perhaps by upgrading facilities, expanding employee training, repairing or replacing under-performing equipment, etc. Those situations require cash that may not be sitting in your bank account. A working capital loan lets you achieve those improvements and cover the cost over time.
Working capital financing options through our funding partreners are fast and simple. You can get an approval within hours and receive funds within days*. We provide access to a variety of lending programs to meet your business needs. Small business working capital loans can be the perfect solution!
And now, with our NEW online loan checkout, when you apply for a working capital loan through Fastrak Capital, you can fill out the application , review, and submit your loan information in one place so our team can place you with the right lender.