What is Working Capital?
Without enough WORKING CAPITAL, your business cannot continue to operate. If you manage to maintain a healthy WORKING CAPITAL, you can easily seize a new business opportunity as it arises. With good WORKING CAPITAL, you will also have a safety net to absorb possible bad debts, stabilize your cash flow, or provide emergency relief when you need it.
Your WORKING CAPITAL, is also known as networking capital (NWC) which is the money that your business will need to use to support day-to-day operations.
As the difference between your current operating assets and liabilities, WORKING CAPITAL is a measure of your company’s liquidity, operational efficiency, financial health, and your ability to pay off your debts within a year.
Your small business Working Capital loans are perfect for the health of your businesses to ensure you always have steady revenue. Working Capital loans are ideal for YOU small business owner, as you need flexible, short-term funding without the hassle.
Current assets are the tangible and intangible items that your company owns and can be easily turned into cash within one business cycle. Along with your checking and savings account, this includes things like accounts receivable, highly liquid marketable securities, inventory, and other shorter-term prepaid expenses.
Current liabilities include all of the debts and expenses firms expect to pay within one business cycle. This typically includes all of the normal costs associated with running a business: utilities, rent, materials and supplies, interest and principal payments on debt, accounts payable, and accrued liabilities and income taxes.
What Can a Working Capital Loan Do For My Business?
Working Capital Loans
Are a perfect way for your business when you need flexible, short-term funding to grow your business without having to make tough decisions as to how you should allocate.
Hiring and Payroll
Are you looking to increase staff or meet payroll? Our Working Capital loans can help ensure that you have enough cash to pay employees, maintain operations, and scale your business.
Are you ready to launch a new marketing campaign or initiative? Our Working Capital loans can help you go to market faster and help you meet increased demand.
Cash Flow Management
Do you need to stabilize your cash flow? Our Working Capital loans are ideal for ensuring that you always have enough liquidity to maintain operations.
We Can Help Provide You With Working Capital!
With our shorter payment periods and flexible usage, Norita Money Consultants Group Working Capital loans provide you with speed, simplicity, and versatility to meet the funding needs of your small businesses.
We deposit funds automatically into your business bank account with repayments already set up, so you can focus on running your company.
How to Get a Working Capital Loan from Us.
Approval in 24 Hours
After we process your submission, a Business Consultant from our office will reach out to discuss the options you qualify for.
Receive Same Day Funding
Upon your approval and your accepting the offer, funds are deposited directly into your bank account so you can use the money immediately.