Financing
Working capital loan
A fixed-term business loan with predictable payments
A term loan with a defined amount, a defined payoff date and a fixed daily, weekly or monthly payment. Cheaper than an advance for stronger files, and simpler to plan around.
At a glance
- Amount
- $10,000 – $600,000
- Term
- 6 – 36 months
- Speed
- Decision same day, funding in 1 – 3 days
- Cost
- Fixed rate with a set payment schedule
Best for: Owners who want a clear payoff date and a fixed payment they can budget
Eligibility
Who qualifies
| Criteria | What we typically look for |
|---|---|
| Time in business | Typically 6+ months |
| Personal credit | Typically 550–600+ |
| Monthly revenue | Typically $15K+ |
Pricing
What it costs
A fixed term with weekly or monthly payments.
The rate and total cost are disclosed in writing before you sign.
How it works
How working capital loan works with Fuse
Submit the application plus three to six months of statements.
Underwriting prices the loan against revenue, time in business and credit.
You receive the amount, rate, payment and term in one offer sheet.
Funds are deposited and payments begin on the agreed schedule.
What you need
- 6+ months in business
- $20,000+ monthly revenue
- 600+ FICO preferred
- No unresolved defaults
A good fit when
- You are funding a project with a known cost
- You want the payment to stay the same every period
- You can wait a day or two for a better rate
Probably not when
- Your revenue swings hard month to month
- You need funds inside 24 hours
- You want to draw and repay repeatedly
Questions
Working capital loan FAQs
What is a working capital loan?
A short-term business loan used to cover operating costs such as payroll, inventory or cash-flow gaps, repaid on a fixed schedule.
Working capital loan vs merchant cash advance?
A working capital loan is a loan with a set rate and term. A merchant cash advance is not a loan; it is a purchase of future receivables priced with a factor rate. The loan is often cheaper if you qualify.
How fast is funding?
Decisions typically come the same business day, with funding in as little as 24 hours once the file is complete.
What term lengths are available?
Terms are short, typically months rather than years. Your offer shows the exact term and payment schedule.
What can I use it for?
Any legitimate business expense: payroll, inventory, rent, repairs, marketing or bridging slow receivables.
What documents do I need?
Typically a short application and recent business bank statements. Larger amounts may need tax returns or financial statements.
Do I need collateral?
Most working capital loans are unsecured, backed by a personal guarantee and a general business lien rather than a specific asset pledge.
How does this differ from an advance?
A loan has a fixed payment and a stated payoff date. An advance flexes with sales and has no fixed maturity. Loans usually cost less; advances usually fund faster and approve wider.
Related reading
Keep reading
Other options
Not quite the right tool?
We place six products. If another one fits your situation better, we will say so.
Working capital, without the waiting room
One short application, three bank statements, and a decision the same business day. Applying will not affect your credit score.