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Looking for a Working Capital Loan?


Small businesses can be characterized as micro-managed organizations that are doing their best to complete the most with the least, especially when it comes to cash reserves. If you, as a small business owner, have little or no working capital, you’re going to find yourself in a harsh reality.

Getting Access to Working Capital

Finding a source for working capital can be challenging for small businesses. Traditional banks have strict requirements and aren’t willing to fund businesses with poor credit scores: they prefer established, reliable businesses. So, small businesses and entrepreneurs should find a reputable business loan provider like to apply for a working capital loan.

First American Merchant is an award-winning business loan provider and payment processor that specializes in the high risk sector and boasts an A+ rating with the BBB. FAM offers exceptional business loan opportunities to merchants of any type.

Types of Working Capital Loans Available to Small Businesses:

  • Accounts Receivable Loans – Merchants can apply for a working capital loan based on confirmed sales order value of their company. If a merchant doesn’t have an established track record for paying debts, he/she may face difficulty when getting approved for this type of loan.
  • Bank Overdraft Facility or Credit Line – Merchants will be required to pay for the interest applicable to the amount of money overdrawn. This is usually 1 – 2% above the prime rate of a bank.
  • Equity Funding via Personal Resources or Investors – Investment from friends or family and home equity loans are common for this type of loans. It can be the right options for businesses that are new and don’t have an established credit history.
  • Factoring or Advances – The value of factoring or advance loans is associated with future credit card receipts. This can be the right option for businesses that accept credit card payments.
  • Short-Term Loans – This type of loan features a fixed interest rate and payment period. Short-term loans are usually secured, and merchants may be able to get it without collateral if they have a good history with their bank.
  • Trade Creditor – A current or potential supplier will offer a trade credit facility if the merchant has an established history of large orders from them. As a rule, the company’s credit history will be checked carefully.

Get the right working capital loan for your small business. Supply your small business with the necessary resources so it can grow and develop.