Best working capital loans for small business
Get the capital you need now to keep your business moving toward the future.
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Billion in financing
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As fast as 2 hours
Small businesses financed
Power up your business
With a Fundrivo Working Capital loan you can access:
- Business financing from $25,000 to $600,000
- Terms from 6-24 months
- Factor rates as low as 1.11*
- Automatic daily or weekly payments
Requirements to qualify
While requirements for a working capital loan may vary, your business will generally need:
- To be operating in the United States
- 6+ months time in business
- $15,000+ in monthly revenue**
- To deposit revenue in a business bank account
- A credit score of 500+
Recognised as “Best for Short-Term Loans” by industry experts.
A working capital loan is a flexible business financing option often used to help with short-term cash flow needs.
Grow your business with additional financing:
Four simple steps to secure a working capital business loan
01 Apply online
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02 Gather required documents
We require certain documents from you in the approval process. Be ready with bank statements and a government-issued ID to start.
03 Approval in as little as 4 hours
Your loan application will be reviewed and you can get approved in as fast as 4 hours.
04 Receive same-day funding
If approved, your requested loan amount can be transferred to your bank account as soon as the same business day.
Is a small business working capital loan right for your business?
Pros
- Find out if you’re approved in as fast as 4 hours.
- Funds can be procured as fast as the same business day.
- Working capital loans can be used for any business purpose.
Cons
- Because the approval process is more flexible than traditional bank loans, rates tend to be higher.
- The loan must be repaid in full.
- Sometimes business collateral must be provided to secure the loan.
Why choose Fundrivo for a working capital loan?
Simple business financing
You can apply and get funds deposited straight to your business bank account as soon as the same day. We strive to create an intuitive financing experience for business owners.
The right loan for your business
We customize our financing options to meet your unique business needs. Get the right type and amount of funding, every time.
Best-in-class customer service
Fundrivo’s business experts are here to help you from the moment you submit a loan application until your final payment.
Effortless automatic payments
We work with you to find the ideal repayment terms. Our automatic payment feature also lets you focus on what matters most: your business.
Frequently asked questions about working capital financing
What is a factor rate?
Factor rate = Payback amount / Funding amount
This does not include any additional fees. For example, Fundrivo assesses a one-time origination fee. This fee amounts to 2.5% of the total loan amount.
What is working capital financing?
Maintaining healthy working capital allows you to take advantage of every opportunity and provides a safety net when needed
What is a working capital loan used for?
These short-term loans can help stabilize cash flow and meet immediate business needs.
They are ideal for business owners who need flexible, short-term funding without the hassle of going to a traditional bank.
How is working capital calculated?
Working capital is the difference between a firm’s current assets and current liabilities.
Current assets are the tangible and intangible items that your company owns.
Current liabilities include all of the debts and expenses firms expect to pay within one business cycle.
Why is working capital important?
It is also a measure of a business’s ability to pay off short-term business expenses or debts.
That’s why you need to work with a financial institution that will provide the financing you need, not mire you in red tape that takes weeks or months to navigate.
What is a working capital loan?
Rather than a long-term investment, like that made through private equity investors, you are not required to provide a percentage of your profits to the loan agency. Rather, the loan agency will offer you a fixed interest rate that never fluctuates over time.
The loans are provided on a short-term basis with working capital loan terms customized to your available budget. They can help you cover the continued operational costs of your business, without accruing long-term debts in the process.
What can you do with a working capital loan?
Working capital loans can cover:
Monthly debt payments
Payroll for your employees and staff
Utilities for the business
Mortgage or rent payments for the business
Buying inventory or materials required for you to meet customer demand
Repairs or replacement of required equipment or tools for your business
Apply for business financing up to $600,000
Find out how much you qualify for.
Applying will not hurt your credit score.