When is a Working Capital Loan a Good Idea? How to Use a Working Capital Loan |
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A working capital loan is a type of business loan that can help when your company finds itself in a tight financial spot for whatever reason. This form of business funding isn’t used for long-term investments but rather is reserved for short-term financial goals. In this webinar, we'll review different types of working capital loans, important factors to consider before you apply, and help you evaluate whether this would be a good fit for your business.
Cash flow issues can be incredibly stressful for any small business owner. It can, in fact, be the cause for small business failure: 82% of the businesses that fail do so because of poor cash flow management. And while business credit cards can offer a quick way to pay for an unforeseen expense, they often come with large interest rates. A better option? Working capital financing. See if this is a good option for your business needs and how to apply with this webinar. Resources: Get matched to business financing with Nav: https://go.nav.com/business-funding-1/?utm_medium=social&utm_source=youtube&utm_campaign=loan Create a free Nav profile: https://app.nav.com/registration?utm_medium=social&utm_source=youtube&utm_campaign=loan Download these slides: http://public2.brighttalk.com/resource/core/339539/working-capital-webinar_744023.pdf #smallbusiness #cashflow #businesstips 0:00 Introduction 0:36 Working Capital 1:32 What is a Working Capital Loan? 3:46 When can these loans help? 5:39 Types of Working Capital Loans 12:12 Is a Working Capital Loan Right for Your Business? 15:10 Things to consider 17:11 How to apply |