Working Capital programs are best when your business has unpaid customer invoices but you need the funds to operate and can’t wait to be paid.  You can use open invoices to get cash now and it's easier to get approved for, in comparison to other similar options.  Best for businesses with unpaid invoices that need fast funding. 

Pros:

• Fast Cash
   

• Your personal and business credit are not considered in most cases
   

• Fairly simple and easy approval
   

• Cost of funds can be very reasonable
   

Cons: 

• Longer term agreements may be required
   

Best for: 

• When your business is in need of cash to operate and you have open invoices in which you are awaiting payment
   

• Accounts Receivables with Invoices that have 30, 60 or 90 day payment terms
   

• When your business or personal credit issues prevent you from qualifying for other finance options