Working Capital Loans
BBB makes it easy to obtain loans from $25,000 to $3,000,000 for small businesses.
Working Capital For:
Refinancing Business Debt
Financing Accounts Receivable
A WORKING CAPITAL LOAN is a loan that has the purpose of financing the everyday operations of a company. Working capital loans are not used to buy long-term assets or investments; instead they are used to cover accounts payable, wages, or material orders etc.
Companies that have high seasonality or a cyclical sale cycle usually rely on working capital loans to help with periods of reduced business activity.
Working capital is the cash available to finance a company's short-term operational needs. Sometimes a company doesn’t have adequate cash on hand or asset liquidity to cover daily operational expenses. Therefore, working capital loans are simple corporate debt borrowings that are used by a company to finance its daily operations.
Many companies do not have stable or predictable revenue throughout the year. Manufacturing companies, for example, have cyclical sales cycles that correspond with the needs of retailer.
Most retailers sell the most product during the fourth quarter of the year, during the holiday season. To supply retailers with the proper amount of goods, manufactures typically conduct most of their production activity during the summer months, getting inventories ready for the fourth quarter push.
So, whatever you may need to build and better manage your business, BBB Commercial Financing Has You Covered.
(Purchasing / Refinancing)
Experts with SBA Lending Programs
5-Minute (AUTOMATED) Pre-Qualification
LOW RATES w/ EXCELLENT TERMS
SBA Loans/Grants For Small Business
Congress just passed a $4.5 Billion Dollar Relief Package for Small Businesses, but this money will go fast, so YOU HAVE TO ACT NOW TO GET IT...
Money for the original Payroll Protection Plan (PPP) ran-out quickly, and now many banks and lenders have stopped taking applications, but BBB is accepting New Applications, which will be assigned to the SBA for this next round of relief funding.
This way, you'll get funding faster. That's because you signed-up sooner, and this money is available on a FIRST-COME FIRST-SERVE BASIS, so you'll be nearer to the front-of-the-line when the new relief money is distributed
The SBA has both GRANTS & LOANS for Small Business owners. Loan Interest Rates are less than 1% interest and Grants never need to be repaid.
These special GRANTS provide an "emergency advance" of up to $10,000 to small businesses and private non-profits harmed by COVID-19 .
The advance does not need to be repaid under any circumstance, and may be used for business purposes, such as payroll or paying sick leave, or paying business obligations, like debts, rent and mortgage payments. (See p. 28, Section 1110(e)(5) of H.R. 748 (CARES Act))
Contact BBB Commercial Financing
Have a particular challenge you’re trying to deal with?
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