Free up Cash Flow with a Working Capital Loan
Whether a business is brand new or in a volatile sales cycle, it can be challenging to keep up with everyday expenses. After covering biweekly paychecks and rising utility bills, they may not have enough remaining capital to cover vendor invoices and lease payments.Â
With a working capital loan from Ready Capital, business owners can secure financing to cover operational costs and use increased cash flow to invest in their business. Unlike other working capital financing options, our government-guaranteed loans offer:
- Amortization With Extended Term Lengths: Government loans offer attractive repayment terms for working capital loans, including low amortized monthly payments over a longer period than other loan options.
- Flexible Collateral Requirements: Some of our loan options don’t require real estate collateral, allowing businesses with limited assets to obtain the funding they need.
- High Loan Amounts: Our SBA and USDA loan products can provide generous funding to borrowers, ranging from $5 million to $30 million.
SBA 7(a) Working Capital Loans for Small Businesses
Whether a working capital loan for a startup or an existing small business, an SBA 7(a) loan can provide up to $5 million over a longer loan period. Nearly any small, for-profit business can qualify for this small business loan as long as it has exhausted other financial resources.
USDA Working Capital Loan Options
The USDA offers two types of working capital loans to stimulate rural development. Rural entities and startups may be able to obtain up to $25 million from the B&I program.
Discover the Qualifications for a Working Capital Loan
In a 15-minute phone call, Ready Capital can determine qualification for a USDA or an SBA loan for working capital and begin structuring the financing agreement.
Why Choose Ready Capital as a Loan Partner?
For business owners, finding a loan that covers operational expenses without straining their current financial situation can be challenging. With Ready Capital, they can feel confident in getting the most favorable loan terms to protect their business now and in the future, such as:
Competitive Working Capital Loan Rates
We have two go-to lenders that can offer some of the most competitive rates for our business partners. Additionally, we can work with any third-party credit union or bank to ensure the appropriate loan amount meets working capital needs.
Loan Options for Any Industry
Ready Capital isn’t limited to one state, region, or industry. Our team can serve any business or entity in the U.S., from a manufacturing company in Nevada to a marina in Florida. We work with state offices to expedite the loan application process and ensure the highest chances of success.
Government Lending Expertise
Our team has decades of combined experience structuring and closing government-guaranteed loans—and a track record to prove it. We have closed over 200 loans averaging $3 million for working capital, commercial construction, mortgages, equipment financing, business acquisitions , and more.
