Working capital loan
Cover payroll, rent or an emergency today
Working capital funding is for immediate needs — payroll, rent, an emergency repair — not long-term assets. Approvals can come back the same day you apply.
What is a working capital loan used for?
A working capital loan covers day-to-day operating costs — payroll, rent, suppliers, an emergency repair — rather than long-term assets or investments. It exists to bridge the gap between money you have earned and money you have actually collected. RAN Funding offers working capital from $5,000 to $1,000,000 at factor rates from 1.08, over 3 to 24 months, with same-day approval on qualifying applications. If you are funding growth rather than covering a shortfall, a business term loan is usually the better fit.
For the bills that cannot wait for revenue
A working capital loan is not used to buy long-term assets or investments; these loans cover payroll, rent or other debts. If an emergency payment has to be made and the capital has not arrived yet, this is the product to call about.
There is no need to stop production and lose more money while you wait on steady incoming revenue. We work out exactly what you need and how much we can provide, then set the terms so you can handle business as usual. If you need funding for longer-term investments such as growth, a business term loan is likely the better fit.
What to have ready before you apply
Documents required
- Driver’s license
- Voided business check
- Recent bank statements Typically 3 months; some states require 4.
- Credit card processing statements (if applicable)
What happens next
- Apply online in about five minutes
- A specialist reviews your file, usually within hours
- You compare the offers you qualify for
- Funds land in your business bank account
Ready to see your options?
No obligation and no credit pull to apply. A funding specialist will come back to you with the offers you qualify for.
Questions we get about this product
What are the repayments, and how quickly can I get funding in an emergency?
We offer a range of same-day business loans, including working capital loans, which are used to cover payroll, rent and debts rather than to buy long-term assets. If you need emergency funding, fill in an application and an advisor can help you secure the capital to support your business.
It is an emergency and I need same-day funding. Can you help?
Yes — qualifying applications can be approved the same day you apply. Apply online or call 877-522-6045 and tell the advisor it is urgent.
Can I apply if I already have other loans?
You can. Existing finance does not have to be repaid first. An advisor will look at your overall position and tell you what is available to you.
Not quite right? Compare the alternatives
One application puts you in front of all of these. A specialist will point you to the ones that fit.