Working Capital Financing
Working capital is defined as your current assets, minus your current liabilities. Sometimes, even though your current assets are much greater than your liabilities, your actual cash portion of your assets is a bit short. If you buy more inventory than planned to take advantage of a great discount price on volume, this could happen easily. We can help bridge the gap with working capital financing.
An OnDeck Capital, a 6-month loan plan might be right for you. You never know when unexpected opportunities or costs will occur. It’s always wise to maintain a cash balance of a few thousand dollars to protect your business against overdrafts or insufficient funds for checks.
If you’re a main street business with walk-in traffic and a diversified customer base that needs working capital financing for a few months, check out our working capital financing loan products.
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