Small Business Administration (SBA) Working Capital Loans under $150,000 are designed to help small businesses access the funds they need to meet their short-term operating expenses. These loans are typically used to cover expenses such as payroll, rent, utilities, and other everyday costs of doing business and do not require a use of proceeds breakdown.
Small Business Administration (SBA) Working Capital Loans $50,000 up to $350,000 are designed to help small businesses access the funds they need to meet their short-term operating expenses. These loans are typically used to cover expenses such as Equipment, debt refinance, major expenses and require a use of proceeds breakdown.