Working Capital Loans
Fast Funding In 1-2 days
Our Working Capital Loan is ideal for business owners who are being forced to scale back operations or cut necessary business activities because of an unexpected dip in cash flow. Are you weathering periods of lower sales trying to ramp up for a busy season ahead? When you feel cash is tight and your company lacks the funds necessary to keep everyday operations running smoothly, know that Leonard Capital Advance has your back. Our goal is to give your business the boost it needs to get back on track by providing quick access to the small business financing you need to overcome these short-term challenges while gaining momentum for long-term success!
What is a Working Capital Loan?
A working capital loan is a financial product designed to help small business owners and commercial enterprises fund their everyday business operations. Working capital loans from Leonard Capital Advance can provide the funding your business needs without the long wait of a traditional bank or the hidden fees and payment surprises of a merchant cash advance. Our approval process is streamlined with minimal documentation, and funding can occur in a matter of days! Our loan terms are fixed so your payments won’t fluctuate and the interest you pay is tax deductible, further lowering your cost of funds. If you’re looking to infuse your business with cash quickly, LCA’s working capital loans are just the thing you need!
Benefits of a Working Capital Loan
- No Hard Collateral Required
- Limited paperwork
- Less than perfect credit is not a barrier to get approved.
- Predictable Fixed Terms
- Marketing and customer acquisition
- Working capital for larger projects
- Bypasses Bank Red Tape:
- Fast and Accessible Capital
The Difference is Insight
Strengthen Your Bottom Line
LCA can help you pamper your customers while strengthening your bottom line by providing the funds to expand, renovate, or add new services. Our expertise in small business financing allows us to analyze your unique needs, risks, and opportunities, perfectly tailoring one of our industry-leading loan products to your specific circumstances. Update your equipment, refresh your facilities, seize immediate growth opportunities, or overcome the financial hurdles holding you back
Capitalize On New Opportunities
No matter what your goals look like, Leonard Capital Advance is here to unlock your business's potential—even if traditional banks won’t consider your file. We provide fast access to working capital up to $2,000,000 without the usual banking hurdles. With our low-documentation application process, we can deliver same-day approvals to get you funded when it matters most.
Minimum Qualifications
Industry Type
We lend to more than just restaurants. Over the years we’ve expanded our approved industry types. Click here to see the full list.
Credit Score
With options starting at a 550+ owner personal FICO, we provide flexible financing solutions for all credit profiles. There is no minimum credit score required to apply, ensuring your cash flow matters more than your score."
Time in Business
Applicant must own the business. The business must be open and operating under the same ownership for at least 6+ Months.
Annual Sales
Your business must generate a minimum of $120,000 gross sales annually from both credit card and cash.
