Working Capital Loan
Working capital loan is perfect for businesses with steady revenue. They are ideal for business owners who need flexible, short-term funding without the hassle.
How Do I Qualify?
- 5+ months Time in Business
- Active business checking account
- $10,000+ in monthly business bank deposits
- No Bankruptcy in the past
Documentation Needed:
- Most Recent 4 Months of Business Bank Statements
- Completed Loan Application
- Copy of Your Voided Check (before funding)
- Copy of Driver’s License (before funding)
Business Funding That Moves at Your Speed
Step 1
Complete the application.
Our streamlined process is designed to be completed in just minutes.
Step 2
Get a decision.
Work with an expert loan advisor to choose the best option for you.
Step 3
Receive your funds.
Sign your contract and get funds as soon as the same day.
Ready to Get Started?
Apply for Laser Capital Funding Working Capital Loan right now or if you have questions, contact our friendly staff.
Frequently Asked Questions
What are the requirements to qualify for a working capital loan?
To qualify for a Laser Capital Funding Working Capital Loan, you’ll need to provide basic business information, including your business’s financial history, bank statements, and proof of revenue. We also evaluate your business’s cash flow and creditworthiness.
How soon can I get my funds?
Laser Capital Funding’s working capital loan can fund to your bank account by 5 p.m. the same day you’re approved.
How much can I borrow with a working capital loan?
Loan amounts vary based on the size and financial health of your business. At Laser Capital Funding, you can qualify for a working capital loan of up to $5 million, depending on your business’s financials.
Is there a minimum credit score required?
Unlike traditional lenders, Laser Capital Funding focuses more on your business’s cash flow than your personal credit score. While we do review credit scores, businesses with less-than-perfect credit may still qualify for funding based on their financial stability and needs.
How do I use the funds?
You can use the funds for a variety of business expenses, including inventory purchases, payroll, marketing, or covering short-term cash flow gaps. It’s designed to give you the flexibility to manage your day-to-day business operations.
How does payback work?
Repaying your working capital loan is hassle-free with automatic bank account deductions. The predictable daily or weekly payment is based on your loan amount and term length. It’s intended to be manageable based on your application information.
Can I repay my loan early?
Yes. If you qualify for our 100% prepayment benefit option, you can pay your loan off early in full and have all remaining interest waived without any penalty or fee.
Are payments fixed or variable?
Payments for Laser Capital Funding’s working capital loan are fixed, so you’ll pay the same amount from the beginning to the end of your repayment term. This allows you to manage your cash flow with no surprises or large costs up front.