Working Capital Loans

A working capital loan is a loan whose purpose is to finance everyday operations of a company. It is not used to buy long term assets or investments. Instead it allows companies to continue their daily operations despite an inability to cover ongoing operating expenses. In essence, it allows companies to “buy time” to find ways of generating the necessary revenues to get them back on track.

Terms of Loan

Loan Size: $5,000 to $150,000
Term: 6 Months, 9 Months or 12 Months
Interest: Simple
Payment: Fixed
Pay Period: Daily (business days M-F)
Payment Method: Direct Debit from Bank Account - ACH
Security: Personal Guarantee/Non-Collateralized
Credit Qualification Time: Instant
Decision Time: 24-48 Hours
Collateral Required: None

TO APPLY, please complete the application and fax or e-mail it back to Precision Leasing along with the following information:

1) 6 Months Most Recent Consecutive Bank Statements – ALL pages

2) Last Year’s Business Tax Return (personal tax return if sole proprietorship) – ALL pages

3) VOIDED Business Check

Should you have ANY questions or concerns, don’t hesitate to contact us.

Thank you for the opportunity!

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