{"id":19209,"date":"2022-10-17T18:45:46","date_gmt":"2022-10-17T18:45:46","guid":{"rendered":"https:\/\/swoopfunding.com\/us\/?page_id=19209"},"modified":"2024-04-15T13:40:46","modified_gmt":"2024-04-15T13:40:46","slug":"working-capital-loans","status":"publish","type":"page","link":"https:\/\/swoopfunding.com\/us\/business-loans\/working-capital-loans\/","title":{"rendered":"Working capital loans"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"19209\" class=\"elementor elementor-19209\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f8e235a e-flex e-con-boxed e-con e-parent\" data-id=\"f8e235a\" data-element_type=\"container\" id=\"hero-title\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-0351225 e-con-full e-flex e-con e-child\" data-id=\"0351225\" data-element_type=\"container\" 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David<\/div>\n <div class=\"role-user\">Expert financial copywriter<\/div>\n <\/div>\n <\/div>\n <div class=\"description\">Michael David is a financial writer and former investment advisor. Writing for Capital Group, Dimensional Fund Advisors, Franklin Templeton Investments, HSBC, Invesco, PIMCO, Vanguard, global insurance companies, major banks and others, he has educated professionals, business owners and consumers about strategies for investing, insurance, banking and corporate finance for more than 20 years.<\/div>\n<\/div>\n\n<div class=\"modal fade modal-form modal-user\" id=\"modal-user\" tabindex=\"-1\" role=\"dialog\" aria-labelledby=\"modal-user\" aria-hidden=\"true\">\n <div class=\"modal-dialog\" role=\"document\">\n\n <div class=\"modal-content\">\n <div class=\"modal-header\">\n <button type=\"button\" class=\"close\" data-dismiss=\"modal\" aria-label=\"Close\">\n <span aria-hidden=\"true\">&times;<\/span>\n <\/button>\n <\/div>\n <div class=\"modal-body\">\n \n <div class=\"top-info\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2022\/04\/michael-david.png\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2022\/04\/michael-david.png?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\">\n <div class=\"text\">\n <div class=\"name-author\">Michael David<\/div>\n <div class=\"role-user\">Expert financial copywriter<\/div>\n <\/div>\n <\/div>\n <div class=\"description\">Michael David is a financial writer and former investment advisor. Writing for Capital Group, Dimensional Fund Advisors, Franklin Templeton Investments, HSBC, Invesco, PIMCO, Vanguard, global insurance companies, major banks and others, he has educated professionals, business owners and consumers about strategies for investing, insurance, banking and corporate finance for more than 20 years.<\/div>\n <ul class=\"social-links\">\n <li><a href=\"https:\/\/www.linkedin.com\/in\/themichaeldavid\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"text-link\">Linkedin<\/span><i class=\"icon icon-linkedin\"><\/i><\/a><\/li>\n <\/ul>\n \n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a394b8d elementor-widget elementor-widget-ucaddon_aivoov_player\" data-id=\"a394b8d\" data-element_type=\"widget\" data-widget_type=\"ucaddon_aivoov_player.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t<div class=\"aivoov-player-block\">\n\t<div class=\"read_this\">Read this article to me<\/div>\n\t\t\t<style>\n\t\t\t.plyr__controls .plyr__controls__item:first-child{\n\t\t\t\tbackground:#2e9c8e !important;\n\t\t\t}\n\t\t\t:root{\n\t\t\t--plyr-color-main:#2e9c8e;\n\t\t\t--plyr-audio-controls-background:#f9fafb;\n\t\t\t--plyr-audio-control-color:#546a7b;\n\t\t\t}\n\t\t\t[data-plyr=\"mute\"]{color:#2e9c8e !important}\n\t\t\t.aivoov-text-color{color:#546a7b}\n\t\t<\/style> \n\t\t<div class=\"audio_player\">\n\t\t<audio class=\"js-player\" controls=\"\">\n\t\t\t<source src=\"https:\/\/monky-voice-over.s3.amazonaws.com\/aivoov\/781640cc-7bc1-4bbf-9492-22dedc19678b\/5bc5d2d8-1b1a-4102-817c-002f32c98b5d.mp3\" type=\"audio\/mp3\">\n\t\t\t<source src=\"https:\/\/monky-voice-over.s3.amazonaws.com\/aivoov\/781640cc-7bc1-4bbf-9492-22dedc19678b\/5bc5d2d8-1b1a-4102-817c-002f32c98b5d.mp3\" type=\"audio\/ogg\" \/>\n\t\t<\/audio> \n\t\t\t\t <div class=\"powerd_by aivoov-text-color\"><p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/aivoov.com\/?um_source=plugin_powered_by\" style=\"color: inherit;\">Powered by AiVOOV<\/a><\/p><\/div>\n\t\t \n\t\t<\/div>\n\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c0b6c6 elementor-widget elementor-widget-text-editor\" data-id=\"4c0b6c6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Many businesses go through periods when cash is tight. Some companies have fluctuating sales cycles that make this problem a regular occurrence. But no matter if this issue is a one-off event or a frequent situation, the lack of working capital to fund everyday operations and spur growth is not good for any type of business. Fortunately, there\u2019s a solution to \u00a0short-term financial stress \u2013 meet the working capital loan \u2013 quick, simple, flexible, it\u2019s the easiest way to keep your business running at full speed.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09c49c4 elementor-widget elementor-widget-video\" data-id=\"09c49c4\" data-element_type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/VQqJx-xArHQ&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3022ac1 uael-heading-align-left elementor-widget elementor-widget-uael-table-of-contents\" data-id=\"3022ac1\" data-element_type=\"widget\" id=\"table-of-content-column\" data-settings=\"{&quot;heading_text_align&quot;:&quot;left&quot;,&quot;heading_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:15,&quot;sizes&quot;:[]},&quot;content_between_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"uael-table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"uael-toc-main-wrapper\" data-headings=\"h2,h3,h4\" >\n\t\t\t<div class=\"uael-toc-wrapper\">\n\t\t\t\t<div class=\"uael-toc-header\">\n\t\t\t\t\t<span class=\"uael-toc-heading elementor-inline-editing\" data-elementor-setting-key=\"heading_title\" data-elementor-inline-editing-toolbar=\"basic\" ><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-toc-toggle-content\">\n\t\t\t\t\t<div class=\"uael-toc-content-wrapper\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t<ul data-toc-headings=\"headings\" class=\"uael-toc-list uael-toc-list-none\" data-scroll=\"\" ><\/ul>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"uael-toc-empty-note\">\n\t\t\t\t\t<span>Add a header to begin generating the table of contents<\/span>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2814d0a question elementor-widget elementor-widget-heading\" data-id=\"2814d0a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is working capital?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05a25c3 answer elementor-widget elementor-widget-text-editor\" data-id=\"05a25c3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tWorking capital \u2013 also known as\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/w\/workingcapital.asp#toc-what-is-working-capital\" target=\"_blank\" rel=\"noopener\">\u2018net working capital\u2019<\/a>, or \u2018NWC\u2019 \u2013 is the difference between a company\u2019s current assets and its current liabilities and it is a measure of a business\u2019s liquidity and short-term financial health. Current assets include items such as cash, accounts receivable, and inventories of raw materials and finished goods. Current liabilities include things like accounts payable and debts.\n\nPositive working capital is where assets are worth more than liabilities. This usually means there is good liquidity and enough cash to fund ongoing activities and invest in growth. Negative working capital, where liabilities are greater than assets and there is no surplus cash, indicates poor liquidity and it may be viewed as sign that the company is unable to adequately fund its daily activities or may even be facing bankruptcy.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca8001c question elementor-widget elementor-widget-heading\" data-id=\"ca8001c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How is working capital calculated?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8f018c answer elementor-widget elementor-widget-text-editor\" data-id=\"a8f018c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Working capital is calculated by subtracting the total of a company\u2019s liabilities from its total current assets. Current assets include cash, accounts receivable, inventory, and other assets that are expected to be liquidated or turned into cash in less than one year. Current liabilities include accounts payable, wages, taxes payable, and the current portion of long-term debt that\u2019s due within one year. If the result reveals a surplus of assets, that is called positive working capital. If the result reveals more liabilities than assets, that\u2019s called negative working capital.<\/p>\n<p><em>Example:<\/em><\/p>\n<p>Company\u2019s total current assets: $200,000<\/p>\n<p><em>Less\u00a0:<\/em><\/p>\n<p>Company\u2019s total current liabilities\u00a0: $135,000<\/p>\n<p><em>Result\u00a0:<\/em><\/p>\n<p>Positive working capital of $65,000<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f595f10 question elementor-widget elementor-widget-heading\" data-id=\"f595f10\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is working capital efficiency?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8bb00b answer elementor-widget elementor-widget-text-editor\" data-id=\"c8bb00b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Working capital efficiency is a measure of how fast a business can convert inventories or available services into sales, compared to how soon it must pay its suppliers for those same inventories or services. This is also known as the\u00a0<a href=\"https:\/\/www.wise-geek.com\/what-is-working-capital-efficiency.htm\" target=\"_blank\" rel=\"noopener\">cash conversion cycle<\/a>. The sooner a company can make a sale, compared to the time it must pay for the item or service it is selling, the better its working capital efficiency. Cash that is tied up for too long in warehoused inventory or pre-paid services, reveals poor working capital efficiency. Businesses with good working capital efficiency can usually borrow more easily from lenders and allocate more cash to invest in growth.<\/p>\n<p><em>Example:<\/em><\/p>\n<p>Company buys inventory on 60 days credit from suppliers.<\/p>\n<p>It sells the inventory in an average of 30 days from delivery by supplier.<\/p>\n<p><em>Result:<\/em><\/p>\n<p>Good working capital efficiency.<\/p>\n<p>Company buys inventory on 60 days credit from suppliers.<\/p>\n<p>It sells the inventory in an average of 90 days from delivery by supplier.<\/p>\n<p><em>Result:<\/em><\/p>\n<p>Poor working capital efficiency.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8efd25 question elementor-widget elementor-widget-heading\" data-id=\"e8efd25\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a working capital loan?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3810093 answer elementor-widget elementor-widget-text-editor\" data-id=\"3810093\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Working capital loans provide cash to fund a company\u2019s day to day operating expenses. They are short-term debt instruments and not used for long-term debt or investments such as the purchase of plant or property. Working capital loans are typically paid back within a year or less and they are useful because many businesses have income that varies throughout the year. This is especially true of businesses that sell seasonal goods or services, where they have brief periods of high sales and prolonged periods when sales are slow. Because many costs, such as wages, rent, utilities, and materials or inventory purchases remain constant, businesses with fluctuating sales cycles often need a working capital loan to cover these expenses during their quieter sales periods.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20ee53e question elementor-widget elementor-widget-heading\" data-id=\"20ee53e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How do they work?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee0075e answer elementor-widget elementor-widget-text-editor\" data-id=\"ee0075e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Working capital loans provide cash to fund a business\u2019s everyday activities and pay for things like wages, rent, utilities, materials, inventory, and ancillary services.\u00a0<span style=\"text-decoration: underline\"><a href=\"https:\/\/swoopfunding.com\/uk\/business-loans\/\">Loans<\/a>\u00a0<\/span>can either be secured or unsecured and are usually paid back within one year or less.\u00a0<span style=\"text-decoration: underline\"><a href=\"https:\/\/swoopfunding.com\/loans\/secured-business-loans\/\" data-type=\"URL\" data-id=\"https:\/\/swoopfunding.com\/loans\/secured-business-loans\/\">Secured loans<\/a><\/span>\u00a0are typically easier to obtain, as the borrower provides collateral to protect the lender from loss.\u00a0<span style=\"text-decoration: underline\"><a href=\"https:\/\/swoopfunding.com\/loans\/unsecured-business-loans\/\" data-type=\"URL\" data-id=\"https:\/\/swoopfunding.com\/loans\/unsecured-business-loans\/\">Unsecured loans<\/a><\/span>\u00a0are obtained without the provision of collateral and are based on the credit score and financial health of the company and sometimes, of the business owner(s).<\/p><p>US working capital loans come in a variety of shapes and sizes and they include term loans, business lines of credit, business credit cards, merchant cash advances, and invoice financing.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c62a5c1 question elementor-widget elementor-widget-heading\" data-id=\"c62a5c1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Types of working capital loans<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16f17e7 answer elementor-widget elementor-widget-text-editor\" data-id=\"16f17e7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n<li><strong><a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/\">Term loan<\/a>:<\/strong>\u00a0A lump sum that is paid back plus interest in regular instalments over a fixed period. The loan may be secured or unsecured.<\/li>\n<li><strong>Business line of credit:\u00a0<\/strong>This type of borrowing functions like a bank overdraft facility, with the borrower having the freedom to withdraw and pay back borrowed funds from a flexible loan account. Borrowing is subject to maximum credit availability and any minimum payment conditions. May be secured or unsecured.<\/li>\n<li><strong>Business credit card:<\/strong>\u00a0A credit card with a fixed borrowing limit in the name of the business. Usually unsecured, but often comes with higher interest rates and fees.<\/li>\n<li><strong><a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/merchant-cash-advance\/\">Merchant cash advance<\/a>:<\/strong>\u00a0Borrowing against credit card receipts, repaid as a percentage of monthly or weekly card income. Suitable for businesses that get mostly paid by customer<\/li>\n<li>Credit or debit card.\u00a0 Card sales provide security to the lender and the higher your card sales turnover, the more you can usually borrow. No additional collateral is usually required.<\/li>\n<li><strong><a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/invoice-finance\/\">Invoice financing<\/a>:<\/strong>\u00a0Also known as account receivable financing. The company sells or borrows against the value of its outstanding accounts receivable (unpaid customer invoices). The invoices provide security to the lender. No additional collateral is usually required.<\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb3f3a3 question elementor-widget elementor-widget-heading\" data-id=\"cb3f3a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How much can I borrow?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ea0d9a answer elementor-widget elementor-widget-text-editor\" data-id=\"0ea0d9a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Working capital loans from $5k all the way to $25m are available, but your borrowing ability will be determined by several factors, such as gross turnover, how long your business has been trading, your business credit score, the type of industry you operate in, what type of borrowing you choose, and if the loan is secured or unsecured.\u00a0<a data-toggle=\"modal\" data-target=\"#modal_form_loans_us\">Register with Swoop<\/a>\u00a0to discuss your borrowing needs and to determine what type of loan works best for your business.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbb44e3 question elementor-widget elementor-widget-heading\" data-id=\"dbb44e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What can I use the funds for?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4acbc13 answer elementor-widget elementor-widget-text-editor\" data-id=\"4acbc13\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Working capital loans are used to pay for general business costs. This means they can be used for almost anything to help your business thrive. Typically used during periods when income is reduced but costs remain constant or even elevated, working capital loans can cover wages, rent, taxes, utility costs, repairs, inventory build-up, materials purchases, marketing expenses and more.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e86a75 question elementor-widget elementor-widget-heading\" data-id=\"3e86a75\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are typical interest rates on working capital loans?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7903861 answer elementor-widget elementor-widget-text-editor\" data-id=\"7903861\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Interest rates vary according to the type of working capital loan you choose and if it is secured or unsecured. (Secured loans usually come with lower interest rates and fees). Current rates range from 9.9% representative APR for business credit cards, anywhere from 1.8% \u2013 45% with term loans, and as low as 0.6% if you opt for invoice financing.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e6aee9 question elementor-widget elementor-widget-heading\" data-id=\"0e6aee9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">An example<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e392f72 answer elementor-widget elementor-widget-text-editor\" data-id=\"e392f72\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Company A are a wholesaler. They sell seasonal goods for the holiday period at the end of the year. From March onwards, they buy finished goods from manufacturers across the globe and during the summer months, they re-sell these goods to large retailers nationwide. Peak sales occur during July to September and they receive payment in November and December. Their busiest period is in the spring and summer when they must make large payments to suppliers for finished goods and their onward shipping to customers.<\/p><p>Because the company\u2019s income is \u2018lumpy\u2019, with lengthy periods of cash going out but little coming in, they typically rely on a working capital loan to pay regular expenses and the costs of buying stock during the slow sales period. They do this by withdrawing cash from a <a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/business-line-of-credit\/\">business line of credit<\/a>, using borrowed funds to cover costs until the bulk of their income arrives in the last two months of the year. As they receive payment from their customers, the company repays the line of credit, plus any interest charges and fees. By the time the cycle starts again each March, they have returned the line of credit balance to zero.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f193263 question elementor-widget elementor-widget-heading\" data-id=\"f193263\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Working capital loans calculator<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7aad1ad answer elementor-widget elementor-widget-text-editor\" data-id=\"7aad1ad\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Use our simple loans calculator to find out how much you may be able to borrow and what your loan may cost in fees and interest charges.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ef96c5 answer elementor-widget elementor-widget-ucaddon_business_loan_calculator\" data-id=\"6ef96c5\" data-element_type=\"widget\" data-widget_type=\"ucaddon_business_loan_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t \n \n <div class=\"business_loan_calculator form-calculator\">\n <div class=\"left_column\">\n <p class=\"title\">Your loan details<\/p>\n\n <div class=\"form-group\">\n <label for=\"how_much_funding_do_you_require\">How much funding do you require?<\/label>\n\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input id=\"how_much_funding_do_you_require\" type=\"text\" class=\"form-control mask-money\" aria-label=\"How much funding do you require?\" value=\"10,000\" inputmode=\"numeric\">\n <\/div>\n\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"repayment_term\">Repayment term<\/label>\n\n <div class=\"input-group mb-3\">\n <input id=\"repayment_term\" type=\"text\" class=\"form-control\" aria-label=\"Repayment term\" value=\"6\">\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">months<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n\n <div class=\"form-group\">\n <label for=\"interest_rate\">Interest rate<\/label>\n\n <div class=\"input-group mb-3\">\n <input id=\"interest_rate\" type=\"text\" class=\"form-control\" aria-label=\"Interest rate\" value=\"4\">\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">%<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n\n <p class=\"note-calculator\">This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.<\/p>\n\n <\/div>\n <div class=\"right_column\">\n <p class=\"title\">Your results<\/p>\n <div class=\"show-number\">\n <p class=\"title-result\">Monthly payments<\/p>\n <p class=\"number-result\">$<span id=\"permonth\">-<\/span><\/p>\n <\/div>\n <div class=\"show-number\">\n <p class=\"title-result\">Avg. monthly interest<\/p>\n <p class=\"number-result\">$<span id=\"totalinterestmonth\">-<\/span><\/p>\n <\/div>\n <div class=\"show-number\">\n <p class=\"title-result\">Total interest<\/p>\n <p class=\"number-result\">$<span id=\"totalinterest\">-<\/span><\/p>\n <\/div>\n <div class=\"show-number\">\n <p class=\"title-result\">Total cost of finance<\/p>\n <p class=\"number-result\">$<span id=\"total\">-<\/span><\/p>\n <\/div>\n\n <a href=\"https:\/\/us.swoopfunding.ca\/stage\/\" class=\"btn btn-lg btn-dark btn-block\" target=\"_blank\" rel=\"noopener\">Get a quote<\/a>\n\n <\/div>\n <\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c55cb8 question elementor-widget elementor-widget-heading\" data-id=\"4c55cb8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the advantages?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a05b668 answer elementor-widget elementor-widget-ucaddon_pros\" data-id=\"a05b668\" data-element_type=\"widget\" data-widget_type=\"ucaddon_pros.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t \n <div class=\"pros\">\n <div class=\"header-pro\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/themes\/swoopMW50\/assets\/images\/pros.svg\" width=\"72\" height=\"72\" alt=\"Pros\">\n <p class=\"title\">Pros<\/p>\n <\/div>\n <div class=\"content-pro\">\n <p>Working capital is crucial for business growth, but almost every business goes through periods when available working capital is tight, (but the bills must still be paid). A working capital loan can smooth away the bumps in a company\u2019s cash flow, giving the business the best chance of success.<\/p>\n<p>Key advantages of a working capital loan:<\/p>\n<ul>\n<li>Working capital loans can usually be obtained quickly, sometimes in less than 24 hours. This allows business owners to rapidly address short-term financial needs.<\/li>\n<li>Most working capital loans are received all at once in a lump sum.<\/li>\n<li>Some working capital loans can be obtained without providing collateral.<\/li>\n<li>Business owners are not required to give up equity or control in their organisation.<\/li>\n<li>Lenders can usually tailor loan payments to the cash flow of the business, which avoids added financial pressure during low-activity periods.<\/li>\n<\/ul> <\/div>\n <\/div>\n \n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ccc33a0 question elementor-widget elementor-widget-heading\" data-id=\"ccc33a0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the downsides?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ad8c35 answer elementor-widget elementor-widget-ucaddon_cons\" data-id=\"1ad8c35\" data-element_type=\"widget\" data-widget_type=\"ucaddon_cons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t \n <div class=\"cons\">\n <div class=\"header-cons\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/themes\/swoopMW50\/assets\/images\/cons.svg\" width=\"72\" height=\"72\" alt=\"Cons\">\n <p class=\"title\">Cons<\/p>\n <\/div>\n <div class=\"content-cons\">\n <p>Compared to the upsides, there are few disadvantages to working capital loans:<\/p>\n<ul>\n<li>Because they are short-term and often provided with no or low collateral requirements, interest rates are usually higher with working capital loans than other forms of debt financing.<\/li>\n<li>For businesses with no or limited history of cash flows, a working capital loan may be tied to the business owner\u2019s personal credit. Missed payments or default could hurt the individual\u2019s credit score.<\/li>\n<li>Higher interest rates make short-term working capital loans unsuitable for funding large-scale or investment expenditures.<\/li>\n<\/ul> <\/div>\n <\/div>\n \n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cffad4b question elementor-widget elementor-widget-heading\" data-id=\"cffad4b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Working capital loans vs. term loans \u2013 what\u2019s the difference?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c82b2b7 answer elementor-widget elementor-widget-text-editor\" data-id=\"c82b2b7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A term loan is a lump sum of borrowed cash that is paid back with regular payments over a fixed period. Technically, this is a working capital loan. However, because the loan is not flexible, (after receipt of the initial lump sum, the borrower cannot re-borrow the same cash again and again like a line of credit), some lenders and borrowers class term loans differently. Additionally, most working capital loans are short-term, usually repaying in a year or less, whereas term loans can be repaid over much longer periods \u2013 anywhere from one to thirty years.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4825e1f question elementor-widget elementor-widget-heading\" data-id=\"4825e1f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Working capital loans vs. overdraft \u2013 what\u2019s the difference?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b99d89b answer elementor-widget elementor-widget-text-editor\" data-id=\"b99d89b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>At first glance, working capital loans and bank overdraft facilities would appear to be the same thing \u2013 they both provide extra funds when needed. However, many working capital loans have a final repayment date when the borrowed funds must all be repaid \u2013 whereas bank overdrafts can usually be refreshed annually and stay in place for years. Additionally, unlike working capital loans that can often be obtained quickly, bank overdrafts are typically slow to set up and can come with punitive penalty charges should the borrower exceed their credit limit. Both types of loan may require the borrower to provide collateral as security.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8995b15 question elementor-widget elementor-widget-heading\" data-id=\"8995b15\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Working capital loans vs. cash credit \u2013 what\u2019s the difference?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e752df8 answer elementor-widget elementor-widget-text-editor\" data-id=\"e752df8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.investopedia.com\/ask\/answers\/110614\/what-difference-between-overdraft-and-cash-credit.asp\" target=\"_blank\" rel=\"noopener\">Cash credit<\/a>\u00a0is a bank lending facility that functions like an overdraft \u2013 it provides extra funds when the business needs it. However, unlike an overdraft, which is essentially an open agreement between the bank and the customer to let the customer\u2019s bank account run into the negative, cash credit is a separate account \u2013 sometimes called a \u2018cash reserve account\u2019 \u2013 that can provide <a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/emergency-business-loans\/\">emergency funds<\/a> upon demand. (The customer \u2018calls\u2019 funds from the cash credit account and they are transferred to the customer current account). Cash credit accounts differ from most other working capital loans because they often require collateral from the borrower, have no fixed repayment date and interest is usually charged daily.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4949e5d question elementor-widget elementor-widget-heading\" data-id=\"4949e5d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Can I get a working capital loan with bad credit?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09834be answer elementor-widget elementor-widget-text-editor\" data-id=\"09834be\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Yes. There are working capital loans for all type of business and with good credit or bad. Even if you\u2019ve been turned down elsewhere, it may still be possible to obtain the financing your business needs to succeed.\u00a0<a data-toggle=\"modal\" data-target=\"#modal_form_loans_us\">Register with us<\/a>\u00a0to discover more about our working capital loans for businesses with bad credit or even no credit at all.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2459db question elementor-widget elementor-widget-heading\" data-id=\"c2459db\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Can I get a working capital loan as a startup or small business?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e175503 answer elementor-widget elementor-widget-text-editor\" data-id=\"e175503\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Yes. There are specialist working capital loans for startups, and an array of borrowing options for small businesses and sole traders. No matter what type of industry you operate in, if you\u2019re just beginning your entrepreneurial journey, or your small business has decades behind it, there\u2019s a working capital loan to suit your needs.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28c704e question elementor-widget elementor-widget-heading\" data-id=\"28c704e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Are the loans secured or unsecured?\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a1ffd6 answer elementor-widget elementor-widget-text-editor\" data-id=\"7a1ffd6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Working capital loans can be obtained with or without providing collateral. Some loan products, such as business credit cards, can usually be obtained unsecured, others, such as merchant cash advances, have security built-in as they are based on the borrower\u2019s customer credit card transactions. Business lines of credit and term loans may or may not require collateral. Your company\u2019s financial history, the amount you wish to borrow and the type of loan you choose will determine if security is required or not.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe0d75a question elementor-widget elementor-widget-heading\" data-id=\"fe0d75a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Working capital loans on the balance sheet<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-550d7cd answer elementor-widget elementor-widget-text-editor\" data-id=\"550d7cd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Unlike long-term asset-purchase loans, such as business mortgages, working capital loans are designed to fund short-term dips in a business\u2019s available cash. As debt, they create a liability on the balance sheet, but as cash they also create an asset on the ledger. Even as the borrowed sum is spent to pay ongoing business activities this equality remains the same \u2013 the cash on the asset side of the ledger may be reducing, but so are the debts on the liability side that the cash is paying off. This means working capital loans are neither a true asset, nor a true liability. They are a self-cancelling payment mechanism.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f54ea40 question elementor-widget elementor-widget-heading\" data-id=\"f54ea40\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a working capital demand loan?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c75602b answer elementor-widget elementor-widget-text-editor\" data-id=\"c75602b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A working capital demand loan is like a bank overdraft or a business line of credit; the company opens a flexible loan account and has the freedom to withdraw and repay funds into the account as required. However, unlike bank overdraft facilities or business lines of credit, which may continually refresh and remain in place for years, a demand loan will have a fixed repayment date when the borrowing must be repaid in full \u2013 typically 90 or 180 days. Working capital demand loans can usually be obtained quickly and they may or may not require collateral.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e71a814 question elementor-widget elementor-widget-heading\" data-id=\"e71a814\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">PayPal working capital loans explained<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d10d08 answer elementor-widget elementor-widget-text-editor\" data-id=\"2d10d08\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>For\u00a0<a href=\"https:\/\/www.paypal.com\/workingcapital\/\" target=\"_blank\" rel=\"noopener\">Paypal<\/a>\u00a0business users only. Credit approval, the amount that can be borrowed and the repayment terms are determined by the borrower\u2019s Paypal sales and account history. No other documentation is required. The borrower\u2019s personal credit score is unaffected.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81dd7ff question elementor-widget elementor-widget-heading\" data-id=\"81dd7ff\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">eBay working capital loans explained<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-affc5d4 answer elementor-widget elementor-widget-text-editor\" data-id=\"affc5d4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>For eBay sellers only. Credit approval, the amount that can be borrowed and the repayment terms are determined by the borrower\u2019s Ebay sales and account history, plus other financial and business information.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b022b0e question elementor-widget elementor-widget-heading\" data-id=\"b022b0e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What documents are required?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b01b184 answer elementor-widget elementor-widget-text-editor\" data-id=\"b01b184\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The documentation required to obtain a working capital loan will vary according to the amount you wish to borrow and the type of business you operate. Some of the more routinely required documents include:<\/p><ul><li>Description of your business and list of key customers\/suppliers.<\/li><li>Current Balance Sheet and Cashflow projection.<\/li><li><a href=\"https:\/\/swoopfunding.com\/us\/business-glossary\/income-statement\/\">Income Statement<\/a> \u2013 historical record of income and expenditures.<\/li><li>Bank Statements \u2013 most recent 6 to 12 months.<\/li><li>Business Tax Returns \u2013 last three years if available.<\/li><li>Purpose of loan \u2013 the amount you are seeking and what the funds will be used for, (such as \u2018inventory purchasing\u2019).<\/li><\/ul><p>The type of loan you are seeking will also have impact on the documentation you must supply \u2013 for example, a merchant cash advance will require different paperwork than a business line of credit. Lastly, lenders will conduct a credit check on your business and possibly the business owner(s).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a89a03 question elementor-widget elementor-widget-heading\" data-id=\"5a89a03\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Is my business eligible?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3cddd31 answer elementor-widget elementor-widget-text-editor\" data-id=\"3cddd31\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>No matter if your business is a startup or an established SME, or if it operates in retail, manufacturing, construction, automotive, farming, transport, or a myriad of other industries, it is almost certainly eligible for a working capital loan. Additionally, organisations with seasonal sales periods or that offer extended credit to their customers are ideally situated for this type of financial support.\u00a0<span style=\"text-decoration: underline\"><a href=\"https:\/\/us.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">Register with Swoop<\/a><\/span>\u00a0to discover what type of working capital loan your business is best qualified for.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-800fe8b question elementor-widget elementor-widget-heading\" data-id=\"800fe8b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How do I apply?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55e399b answer elementor-widget elementor-widget-text-editor\" data-id=\"55e399b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you need immediate cash to buy inventory, pay wages, cover tax bills, make repairs or expand your business, a working capital loan can make the going easier. Get started with one simple application. Give your business the business credit it deserves. <span style=\"text-decoration: underline\"><a href=\"https:\/\/us.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">Apply now<\/a><\/span>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20d276d elementor-widget elementor-widget-spacer\" data-id=\"20d276d\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5ea520 elementor-widget elementor-widget-ucaddon_author_page\" data-id=\"c5ea520\" data-element_type=\"widget\" data-widget_type=\"ucaddon_author_page.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n <div class=\"info-user-post\">\n \n <div class=\"left-info\">\n <a href=\"https:\/\/swoopfunding.com\/us\/author\/michael-david\/\"><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2022\/04\/michael-david.png\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2022\/04\/michael-david.png?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\"><\/a>\n <\/div>\n \n <div class=\"right-info\">\n <p>Written by<\/p>\n <p class=\"name-author\"><a href=\"https:\/\/swoopfunding.com\/us\/author\/michael-david\/\">Michael David<\/a><\/h3>\n <p>Michael David is a financial writer and former investment advisor. Writing for Capital Group, Dimensional Fund Advisors, Franklin Templeton Investments, HSBC, Invesco, PIMCO, Vanguard, global insurance companies, major banks and others, he has educated professionals, business owners and consumers about strategies for investing, insurance, banking and corporate finance for more than 20 years.<\/p>\n\n <ul class=\"social-links\">\n \n <li><a href=\"https:\/\/www.linkedin.com\/in\/themichaeldavid\/\" target=\"_blank\" rel=\"noreferrer noopener\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/themes\/swoopMW50\/assets\/icons\/icon-linkedin-min.svg\" width=\"30\" height=\"30\" alt=\"Linkedin\">\n <\/a><\/li>\n \n <\/ul>\n\n <div class=\"swoop-promise\">\n <p><strong>Swoop promise<\/strong><\/p>\n <p>At Swoop we want to make it easy for SMEs to understand the sometimes overwhelming world of business finance and insurance. Our goal is simple \u2013 to distill complex topics, unravel jargon, offer transparent and impartial information, and empower businesses to make smart financial decisions with confidence.<\/p>\n <p>Find out more about Swoop\u2019s editorial principles by reading our <a href=\"https:\/\/swoopfunding.com\/us\/about-swoop\/editorial-policy\/\">editorial policy<\/a>.<\/p>\n <\/div>\n\n <\/div>\n <\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-b0a6f95 e-flex e-con-boxed e-con e-parent\" data-id=\"b0a6f95\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a57a11f open banner-product elementor-hidden-mobile e-con-full e-flex e-con e-child\" data-id=\"a57a11f\" data-element_type=\"container\" id=\"sticky-banner\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-18fdf01 elementor-widget elementor-widget-image\" data-id=\"18fdf01\" data-element_type=\"widget\" id=\"close-sticky\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2022\/08\/close.svg\" title=\"close\" alt=\"close\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93037e5 elementor-widget elementor-widget-heading\" data-id=\"93037e5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Get your free working capital loans quote today<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b8bc106 sticky-info e-con-full e-flex e-con e-child\" data-id=\"b8bc106\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-cf588ab e-con-full e-flex e-con e-child\" data-id=\"cf588ab\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a591559 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"a591559\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2022\/10\/icon1.svg\" title=\"Apply in minutes\" alt=\"Apply in minutes\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53937e7 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"53937e7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Apply in minutes<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-302e618 sticky-info e-con-full e-flex e-con e-child\" data-id=\"302e618\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-556bcc6 e-con-full e-flex e-con e-child\" data-id=\"556bcc6\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5b34e07 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"5b34e07\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"45\" height=\"42\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2021\/09\/icon-dollar2.svg\" class=\"attachment-full size-full wp-image-14252\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ac7204 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"2ac7204\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">FREE no obligation, personalised<br>quote<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1524f90 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"1524f90\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/us.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Get a quote<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31245fe elementor-widget elementor-widget-text-editor\" data-id=\"31245fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"color: #ffffff;\"><strong>Prefer to talk? Call us on<br \/><a class=\"c-link\" href=\"tel:+12028049308\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"tel:+12028049308\" data-sk=\"tooltip_parent\">+1 (202) 804-9308<\/a><br \/><\/strong><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f920aa6 elementor-hidden-mobile e-con-full e-flex e-con e-child\" data-id=\"f920aa6\" data-element_type=\"container\" id=\"sticky-banner-mini\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-98006ae elementor-widget elementor-widget-image\" data-id=\"98006ae\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"28\" height=\"28\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2022\/08\/plus.svg\" class=\"attachment-full size-full wp-image-18793\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dfd12b7 elementor-widget elementor-widget-heading\" data-id=\"dfd12b7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">G<br>E<br>T<br><br>Q<br>U<br>O<br>T<br>E<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9ce2be2 e-flex e-con-boxed e-con e-parent\" data-id=\"9ce2be2\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-23100d1 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"23100d1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">We have a wide range of loan options<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d541d7 elementor-widget elementor-widget-ucaddon_pages_related\" data-id=\"9d541d7\" data-element_type=\"widget\" data-widget_type=\"ucaddon_pages_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t<div class=\"card-list-container\">\n\t\n\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/small-business-loans\/\">\n\t\t\tSmall business loans\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/semi-truck-financing\/\">\n\t\t\tSemi-truck financing\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/secured-business-loans\/\">\n\t\t\tSecured business loans\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/unsecured-business-loans\/\">\n\t\t\tUnsecured business loans\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/asset-finance\/equipment-financing\/\">\n\t\t\tEquipment financing\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/asset-finance\/equipment-leasing\/\">\n\t\t\tEquipment leasing\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/asset-finance\/asset-based-lending\/\">\n\t\t\tAsset-based lending\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/merchant-cash-advance\/\">\n\t\t\tMerchant cash advance\t\t<\/a>\n\t<\/div>\n\n\n\n\t<div class=\"card-with-links-widget\">\n\t\t\n\t\t\t\t<a href=\"https:\/\/swoopfunding.com\/us\/business-loans\/invoice-finance\/\">\n\t\t\tInvoice finance\t\t<\/a>\n\t<\/div>\n\n\n<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6596168 e-con-full e-flex e-con e-parent\" data-id=\"6596168\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0369cb2 elementor-widget elementor-widget-template\" data-id=\"0369cb2\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"11997\" class=\"elementor elementor-11997\">\n\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b8ace09 e-con-full e-flex e-con e-parent\" data-id=\"b8ace09\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" data-core-v316-plus=\"true\">\n\t\t<div class=\"elementor-element elementor-element-2e25523 e-flex e-con-boxed e-con e-child\" data-id=\"2e25523\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-da46449 e-con-full e-flex e-con e-child\" data-id=\"da46449\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d875f85 elementor-widget elementor-widget-heading\" data-id=\"d875f85\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Ready to grow your business?<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a64d0f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"7a64d0f\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/us.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Get started<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c21dfa5 e-con-full cta-mobile-fixed elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"c21dfa5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;position&quot;:&quot;fixed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e3672d elementor-align-justify elementor-widget elementor-widget-button\" data-id=\"5e3672d\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/us.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">GET A QUOTE<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Working capital loans \u2013 what are they &amp; how do I get one? Add a header to begin generating the table of contents Page written by Michael David. Last reviewed on April 15, 2024. Next review due October 1, 2025. Michael David Expert financial copywriter Michael David is a financial writer and former investment advisor. [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":0,"parent":19615,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable":"<p>Working capital loans \u2013 what are they &amp; how do I get one? Add a header to begin generating the table of contents Page written by Michael David. Last reviewed on April 15, 2024. Next review due October 1, 2025. Michael David Expert financial copywriter Michael David is a financial writer and former investment advisor. Writing for Capital Group, Dimensional Fund Advisors, Franklin Templeton Investments, HSBC, Invesco, PIMCO, Vanguard, global insurance companies, major banks and others, he has educated professionals, business owners and consumers about strategies for investing, insurance, banking and corporate finance for more than 20 years. &times; Michael&hellip;<\/p>\n","category_list":"","author_info":{"name":"Michael David","url":"https:\/\/swoopfunding.com\/us\/author\/michael-david\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"<p>Working capital loans \u2013 what are they &amp; how do I get one? Add a header to begin generating the table of contents Page written by Michael David. Last reviewed on April 15, 2024. Next review due October 1, 2025. Michael David Expert financial copywriter Michael David is a financial writer and former investment advisor. Writing for Capital Group, Dimensional Fund Advisors, Franklin Templeton Investments, HSBC, Invesco, PIMCO, Vanguard, global insurance companies, major banks and others, he has educated professionals, business owners and consumers about strategies for investing, insurance, banking and corporate finance for more than 20 years. &times; Michael&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Michael David","url":"https:\/\/swoopfunding.com\/us\/author\/michael-david\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/19209"}],"collection":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/comments?post=19209"}],"version-history":[{"count":23,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/19209\/revisions"}],"predecessor-version":[{"id":29494,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/19209\/revisions\/29494"}],"up":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/19615"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/media?parent=19209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}