Working Capital

Finance to help your business keep running and growing

Quick Stats on Working Capital

AMOUNT

$25,000 - $250,000

REPAYMENTS

Fortnightly or Monthly 

TERM

Can run indefinitely or have a fixed term

SPEED TO FUNDING

Same day for unsecured, a few days for secured

RATE

Starting from ~4% for secured loans

ELIGIBILITY

Business has been operating for 12 months, GST registered, BAS or financial statements needed

What are the types of working capital solutions?

 

 

Working Capital is a broad term for a few different kinds of products. You might be more familiar with products names like Line Of Credit, Overdraft, Invoice Factoring or Unsecured Cash Loan. 

 

All of these products are used for working capital for a business and all have their unique advantages and considerations when using this type of funding. 

 

The key differences between the many working capital products is usually around the security of the loan.

 

For example, invoice factoring uses the debtors and invoices in your business as security, while a term loan might be secured against a property or a cash loan will have no security. 

Skyward Financial can help your business grow by finding you the optimal working capital solution.

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