Working Capital

Working capital is for when your business has unpaid customer invoices that you can’t wait to be paid. You can use invoices to get cash now. Best for businesses with unpaid invoices that need fast funding, which is easier to get approved for compared to other similar options.

Pros:

Fast Cash

Fairly simple and easy approval

Cons:

Cost of borrowing may be high

Best for:

Businesses with invoice that need cash right away

Invoice with 30,60 or 90 day payment terms are best