What to consider before applying for working capital

| October 21, 2016

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In addition, your business may require funds for equipment updates, expansion costs, restocking inventory, among other necessary investments. In order to do this, you could apply for small business working capital from a lender. This is a responsible and actionable way to benefit your small business. Although additional financing could help your business grow, you’ll need to consider a few things before applying. You’ll want to make sure that the amount and term are the right fit for your business, that you have little existing debt and that the working capital product you’re receiving suits your business’s industry. Ready to apply for small business working capital? Answer the following questions:

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