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Business Working Capital Loan

Cover all your daily expenses and keep your business up and running. Working capital loans can help you cover these with lower funding amounts and shorter terms.

A maximum loan amount of $2,500 – $250,000
Interest rates start at 10%
Loan terms last from 3 to 18 months
Get approval as fast as 24 hours
Apply Now
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Our Easy Process

Three easy steps to get started


Fill out our form to start the qualification process.


One of our agents will review your application and get you the best rate available.


Receive working capital for your business and 10,000 award miles.

How Do I Qualify For A Working Capital Loan?

Working capital loan providers place emphasis on cash-flow. This is because a strong cash flow is sometimes capable of overcoming other financial concerns that can disqualify a business for traditional term loans.

Most small business loans are for growing assets, but a working capital loan is used for running costs -- like invoices, rent, payroll. Taking out a short-term loan like this keeps your business functioning. Working capital loans are also very flexible and is capable of paying big dividends.

Most businesses who received approval had:

A credit score of at least 600.
Been in business for over two years.
An annual revenue of over $150,000.

Applying for a Working Capital Loan

Working capital loans are exclusively applied online. It's a fast and easy process, and we can fund you right after approval.

Some documents we require include:

Driver’s License
Voided Business Check
Proof of Ownership
Bank Statements

Ready to get the funding your business needs?

Apply Now
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The Basics of Working Capital Loan

Working capital is the lifeblood of your business. You need it to keep your business' finances flowing smoothly.

Small business loans are designed to help you with your short-term expenses. They are designed to meet immediate needs rather than fund long-term goals.

We, at Merchant ReFi, take pride in our diverse marketplace. We are all about helping all sorts of business owners fund their own business. We can help you find flexible funding in the form of a working capital loan.

Working Capital Loans Fundamentals

Working capital loans are short-term loans, and they operate similar to traditional term loans. The process is pretty straightforward. You acquire a set cash amount upfront that you would agree to pay back. In addition to this, there are interest and lender’s fees that you need to pay for over a predetermined period — usually from 3 to 18 months. Applying for a working capital loan is quicker and far easier too.

When it comes to working capital loans, they are typically smaller than a traditional business loan. The repayment period is shorter, interest rates come higher, and you have to pay off the lender on a daily or weekly basis. The higher interest rates are due to the ease with which you can qualify for.

A working capital loan is riskier for a lot of borrowers and lenders. For this reason, they are one of the more expensive loans you can avail.

When Should You Use a Working Capital Loan

Whether your business is just starting or taking big leaps to expand an existing business, you need extra funding from time to time. And when you need this, a working capital loan is ideal from time to time.

Once in a while, business opportunities come around, and without the right funds, you’d have to pass up on the opportunity. For similar situations like this, acquiring a small business loan can give the funding you need to cover your sudden expenses. You should consider this loan if you plan to expand a business or refinance a different short-term debt on more favorable terms.

Advantages of Working Capital Loan

A working capital loan has several features that make it ideal for some business owners as a source of funds. Important benefits you can have by taking a working capital loan include:

  • No need for collateral: a qualification doesn’t require any form of insurance.
  • Borrow quickly and repay quickly: repayments are taken daily or weekly.
  • Cash on hand: this is ideal for dealing with cash flow problems.

Should You Consider a Working Capital Loan

A working capital loan is ideal for fast cash and to immediately rectify cash flow problems. Taking out a working capital loan can be helpful in cases of financial emergency.

You should consider a working capital loan as a/an:

  • Short-term working capital
  • Safety against unexpected costs
  • Way of availing unique purchasing opportunities

How Much Will A Working Capital Loan Cost?

Working capital loans are paid off quickly. Often it's paid daily or weekly. It may cut into your cash flow, but at least you don't need to worry about debts for too long.

Here's how your small business loans are calculated:

Computing Your Working Capital Loan

For instance, let’s say you’ve taken out a $200,000 working capital loan, and your lender has a factor rate of 1.15. Multiplying the two factors gives you a total amount that you need to pay back: $230,000.

Let’s presume that the working capital loan lender wants you to pay back that total amount in 10 months — because of short-term loans like this one range from 3 to 18 months.

And since there are 22 payment days in a month, you’ll need to make an average of 396 payments. How much is that if you pay daily?

The amount of each payment would be $580.80, with an APR of 34.29% — a bit higher than any rate for other traditional term loans.

Will the Cost be Worth it?

A working capital loan is ideal for any business in need of fast cash to take care of taxes, payroll, and other operational costs. However, a small business loan does come at a higher price. That’s because you’re paying for convenience and speed.

The higher rates and the short terms offer reduced paperwork and faster funding approval than the traditional term loan. They don’t have to be bad investments, though. It may be what you need for your business to grow. You can refinance your small business loans down the road as your business’ financial health improves.

Just be mindful enough to sort through your options thoroughly before determining that a working capital loan is the right financing option for you.

What’s In It For You

Your small or even medium-sized business has financial obligations. We recognize that and our merchant advance can help! You can use your advance for anything related to your business — such as real estate, taxes, payroll, and more — and you can get it as soon as you’re approved. Our merchant cash advance company also doesn’t require you to put down any collateral, making the process easier and less stressful for you. Looking for an increase in working capital? Welcome to Merchant ReFi.

On top of that, you also qualify to receive United MileagePlus® award miles. You’ll receive your bonus miles 30 days after funding for $20,000 or more if your account is in good standing. Whether you’re taking a business trip or jetting off on a family trip is up to you — we’re just here to help make it possible.

Merchant ReFi

Not sure how to find working capital? Merchant ReFi is the answer. Get merchant finance as soon as you’re approved — which is often the same day you apply — and repay your merchant advance easily through small percentages taken out of your company’s credit card transactions or through a fixed ACH debited to your bank account. We’re business lenders who are here to help your business succeed, and you get United MileagePlus® award miles while you’re at it.


Earn 10,000 United MileagePlus® bonus award miles!

What Our Happy Customers Have Been Saying

These guys are one of the most trustworthy and honest people in the industry. They actually want to help your business. Definitely worth your time.

Stefano DamianiBusiness Owner

Great customer success team. They took the time to understand our needs and found a program that would fit exactly. Also coached us through the process patiently ensuring that we understood everything.

Shah AshishBusiness Owner

Merchant Refi gave me the small Business loan that I needed to jump start a new project and I am very happy with how easy it is to work with them. Jack and his Team are Good-People, the transactions are smooth, and they actually care about the success of my projects.

Daniel RubensteinBusiness Owner

Merchant ReFi is the only direct funder to offer bonus United MilagePlus award miles along with fast working capital.

Get an advance and earn 10,000 United MilagePlus bonus award miles.