- About our formWe don't ask for Social Security numbers or run a credit check through this form.
- Lender decidesFinancing is subject to each lender's review and approval.
- Not a lenderWolfcrest is not a lender or funder.
- Talk to a licensed agent(619) 382-3810
FAQ
Working capital, explained plainly
What is working capital financing?
Funding for a business’s day-to-day operations, such as recurring operating costs, inventory and the gaps created by seasonal or cyclical cash flow.
Which options can fund working capital?
Common ones include a line of credit, a term loan and invoice factoring. Each works differently, and the right fit depends on how your business earns and spends.
Line of credit or term loan?
A line of credit lets you draw as needed up to a limit, which suits recurring costs and seasonal swings. A term loan gives you a set amount up front, repaid over time, and bank term loans usually offer larger amounts and longer terms.
Can an SBA loan be used for working capital?
Yes. Working capital is one of the uses of an SBA 7(a) loan. The maximum 7(a) loan amount is $5 million.
What do I need to start a request?
Your business name, your name, a ZIP code and an email or phone number, plus a few quick answers, such as the amount, the kind of business and how long it has been operating. We don’t ask for Social Security numbers or run a credit check through the form.
Sources: OCC, Small Business Road Map to Financial Resources · U.S. Small Business Administration, 7(a) loans.
What to have ready
- Roughly how much you need, and what for
- How long the business has been operating
- Your approximate monthly revenue
What happens next
- Tell us what you need. A few quick questions. It takes about two minutes.
- We review it. Someone licensed reads every request.
- We reach out. We talk it through with you. There is no obligation.
How it works
- 1
Tell us what you need
A few quick questions. It takes about two minutes.
- 2
We review it
Someone licensed reads every request.
- 3
We reach out
We talk it through with you. There is no obligation.
Tell us what your business needs.
A licensed agent reviews your request and gets back to you. Prefer to talk? Call (619) 382-3810, Monday to Friday, 8:30am to 5pm Pacific.
Thank you, we have your request.
Someone from our team will get back to you. If it is urgent, call (619) 382-3810.
Important information
- Financing is subject to each lender's review and approval.
- Wolfcrest is not a lender or funder.
- If you request a quote, a licensed insurance agent may contact you.