Working capital loans for operators who can't wait on the bank.

A working capital loan is short-term business funding used to cover day-to-day operating expenses — payroll, rent, inventory, marketing, supplier deposits, and seasonal cash flow gaps. It is not used for long-term assets like real estate or major equipment. Common working capital products include MCAs, revenue-based lines of credit, short-term loans, and invoice financing.

Working capital loans provide a lump sum or revolving line that you draw against to cover operating expenses, then repay over 3–24 months via daily, weekly, or monthly payments tied to revenue or a fixed schedule. The faster the cash flow cycle, the shorter the term.

Most working capital advances equal 80–150% of average monthly deposits. A business doing $50,000/month in revenue typically qualifies for $40,000–$75,000 on a first position. Larger amounts are available with strong cash flow and longer time in business.

Working capital loans are short-term (3–24 months) and tied to operating expenses with frequent payments. Term loans are longer (2–10 years), tied to investments or expansion, and repaid monthly. Working capital costs more per dollar borrowed but closes far faster.

Yes. Summit's working capital lender network approves files with FICO as low as 450 when monthly deposits and ledger balance are strong. Most bad-credit working capital comes through MCAs and revenue-based lines rather than bank products.

Same day for MCAs and revenue-based working capital on clean files signed before 2pm ET. Working capital lines of credit fund in 1–3 days. Short-term working capital loans fund in 1–7 days.