Unsecured Working Capital Loans

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Access to Capital Exactly When Your Business Needs It

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Unsecured Working Capital Loan

At some point, virtually every small business requires additional working capital, regardless of their financial stability. Unforeseen circumstances, such as adverse weather conditions, shifts in demand, or neighboring business incidents like fires, can deplete revenue or disrupt operational funding. To address these uncertainties, Working Capital Loans have gained popularity. While traditional financial institutions and other business capital products focus on long-term investments or large expenses, working capital loans are specifically designed to assist businesses in overcoming short-term cash flow challenges and capitalizing on emerging opportunities.

Advantages of a Working Capital Loan

  • $5,000 to $250,000 With Limited Documents Required

  • No Collateral Required

  • Flexible Terms

  • No Restrictions on the Use of Funds

  • 100% Tax-Deductible

Common Uses of a Working Capital Loan

  • Expansion

  • Marketing

  • Project Bridge Financing

  • Payroll

  • Inventory

  • Taxes

How To Apply For a Working Capital loan:

Paxton Martin Finance offers a streamlined process for our Working Capital Loan Program. Here are easy steps you can follow to apply:

Step 1: Determine Why you need financing

Before applying, make sure you ask yourself these questions:

  • What will I use the financing for?

  • How quickly will I see a return on my investment?

  • What payment amount am I comfortable with making?

  • How soon do I need access to the funds?

Step 2: Gather Your Documents

Working Capital Loan applicants must provide the following information and documents:

  • Driver’s License

  • Business Voided Check

  • Business Bank Statements From the Past Three Months

Step 3: Complete Our Application

Applying for a working capital loan is quick and convenient, taking only a few minutes of your time. We offer two simple options for the application process. You can easily fill out our one-page working capital loan online application at your convenience. Alternatively, you can reach out to us directly, and our dedicated account manager will assist you every step of the way, providing personalized guidance throughout the application process.

Step 4: Speak to a Representative

After submitting your application, a senior account executive will promptly reach out to you. During our conversation, we will carefully evaluate and discuss the most suitable working capital loan options for your needs. We value transparency and guarantee that there are no hidden fees or unexpected surprises. You will receive clear and precise information about the loan options available to you, including rates and terms, allowing you to make informed decisions about your working capital loan.

Step 5: Receive Funds via Wire/aCH 

Once you have signed the contracts to formalize the details discussed with our senior account executive, we proceed with a swift funding call. Upon completion of the call, you will have the flexibility to choose between two convenient options for receiving the funds: an instant wire transfer (carries a $25 wire fee) or a secure transfer via ACH.

Unsecured Working Capital loans FAQs

  • To qualify for our working capital loans, we require:

    • Annual Gross Revenue Above $50,000

    • FICO Score Over 500

    • At Least 6 Months Time In Business

    • Active Business Bank Account

  • From the moment you submit your application documents, we pride ourselves on our swift and efficient process. Our goal is to get the funds into your account as quickly as possible, typically within 24-48 hours. We understand that time is of the essence when it comes to your business needs, and our streamlined procedures ensure a prompt transfer of funds. You can count on us to expedite the process and provide the financial support you need in a timely manner.

  • Absolutely not! Our working capital loans are designed to be flexible and convenient for your business needs. They are unsecured loans, meaning you don't need to provide collateral to secure the loan. This program offers a wide range of applications, whether you require funds for inventory purchases, expanding your operations, boosting working capital, or covering essential expenses like payroll. The choice is yours, and we are here to support your business every step of the way.

  • Yes, indeed!

    While some loans may have prepayment penalties to protect the lender's interests, others provide an opportunity to save on interest through early repayment. Paying off working capital loans ahead of schedule depends on factors like the interest rate and loan terms.

    To make an informed decision, it's important to discuss prepayment options and associated terms with the lender. This way, you can ensure your financial strategy aligns with your goals before proceeding with the loan.

  • Absolutely! We value your proactive approach towards early repayment, and we are pleased to offer discounts for such instances. If you are considering paying off your working capital loan ahead of schedule, we encourage you to reach out to us. Our dedicated team is ready to discuss all the available options with you, ensuring that you receive the most favorable terms and benefits. Give us a call today, and let's explore how we can support your financial goals and provide incentives for your early repayment.

  • We strive to provide a streamlined process, allowing you to concentrate on your business without unnecessary complications. With our system, payments are conveniently and automatically deducted from your business bank account based on the agreed-upon terms. This hassle-free setup ensures that you can maintain a smooth cash flow while meeting your repayment obligations effortlessly.