Working capital is the cash used to fund your necessary operating functions. It is comprised of cash and assets that can be readily negotiated or turned into cash. Sources of working capital include your current assets, lines of credit, and term loans.
Who Should Apply:
Businesses seeking funds to run daily operations
Compare:
Advantages
There are multiple sources of working capital.
Disadvantages
Escalating costs require an increase in working capital, which the loan amount may not cover.
