What's different about finance from Spotcap?
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"Spotcap finance enabled us to grow and having that emotion that someone believed in your vision just left us feeling great"
Benefit from Spotcap's unsecured lending
It’s your business, so you choose how to use the funds. Our working capital loans can help you take care of any scenario.
Qualification and eligibility criteria
What we look for in applications
How does our finance work?
Below is an example of Spotcap’s approach, focused on simplicity and flexibility.
Business loan calculator
What is a working capital loan?A working capital loan is a short-term loan used to cover everyday operational expenses. It’s useful for businesses that experience strong seasonality cycles, where certain periods bring most of the year’s sales and others are slower.
Both slow and busy seasons have financial needs of their own. When a slow season settles in, businesses need financing to fulfil ongoing obligations and bridge receivables. When business is booming, companies need finance to pay for inventory orders, wages and other operational costs. A working capital loan could suit both situations.
What can I use a working capital loan for?This type of loan is best suited for short-term needs, such as accounts payable, payroll or an inventory top-up.
Working capital loans can also help with outstanding customer invoices — many businesses need to invest vital cash flow into a customer order and wait several months until payment hits their bank account. Instead of depleting their reserves, companies can take out a loan to tide them over.
To make the most of your options, we recommend reaching out a certified financial advisor, who can take into account your individual circumstances.
What are the benefits of a working capital loan?Because they’re a short-term solution, working capital loans are faster and easier to arrange compared to a traditional bank loan. This is vital when a business needs quick access to cash.
Working capital loans can also be unsecured, meaning you don’t need to put down high-value assets to be approved. This is the approach we take at Spotcap.
Can I contact someone with more questions?Our team is happy to help! Reach out to us at 1800 10 70 10, or request a callback or email here.