What is Working Capital?
Working Capital Explained
Working capital is the amount of capital that is available for the day-to-day operations of a business. Working capital is typically used to pay for regular expenses, such as utility bills, employee payroll, rent, inventory, and marketing costs. When it comes to SBA loans, SBA Express loans and SBA 7(a) loans can be used to fund working capital for business borrowers, but SBA 504 loans cannot.