Working Capital Term Loan Overview
Working Capital Term loans are used by businesses to finance equipment purchases, start-up, expansion and business acquisition costs.
Loan Purpose
- General Purpose Working Capital
- Equipment Financing
- Business Acquisition
- Franchise Financing
- Furniture and Fixtures
- Tenant Leasehold Improvements
Loan Amounts
- $250,000 – $5,000,000
Rates
- 7.00% – 12.50% (Variable or Fixed)
Collateral
- Cash
- Marketable Securities
- Equipment
- UCC Filing
- Real Property
Repayment Terms
- Monthly Principal & Interest Through Maturity
- 2 – 10 Year Amortization Periods
- 10% Minimum Down Payment (Often More)
The most common method of funding business acquisition loans is through the Small Business Administration (SBA) 7(a) program.